Rentvester picking a different approach and getting into the property market sooner and building equity by investing in growth locations.
"𝗥𝗲𝗻𝘁𝘃𝗲𝘀𝘁𝗶𝗻𝗴" - 𝗕𝘂𝘆 𝘄𝗵𝗲𝗿𝗲 𝐢𝐭 𝐦𝐚𝐤𝐞𝐬 𝐬𝐞𝐧𝐬𝐞, 𝗿𝗲𝗻𝘁 𝘄𝗵𝗲𝗿𝗲 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗹𝗶𝘃𝗲 🏠 Pratik saw this as an advantage and the amount of deposit and stamp duty was significantly less than purchasing PPOR, and therefore he was able to purchase sooner. Additionally, expenses related to the investment property, including interest, can all be tax deductible. Over time, his property appreciated in value, allowing him to leverage it to purchase a second property in Victoria
$155,000
Equity Growth across the Portfolio
01
Properties within 2 Years
46%
Growth on First Purchase
Results & Future Plan
Pratik, a rentvestor from Melbourne, started his journey with limited funds and BuyerBud’s support. He purchased a free-standing house for $335K with a 10% deposit and LMI. Within four months, it was revalued at over $400K, allowing him to refinance and recover his entire deposit. Twelve months later, the property was worth $550K, enabling him to buy his second property. With this strong momentum, Pratik is now focused on expanding his portfolio further by targeting high-growth areas and using smart refinancing strategies to build long-term wealth.
Purchase In Queensland
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$335,000
Purchase Price
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2023
Purchase Year
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$490,000
Estimated valuation 2025
Purchase In Victoria
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$775,000
Purchase Price
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2025
Purchase Year
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$785,000
Estimated valuation 2025
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