As Seen On
Are you in a position to benefit from our strategies?
Book in a free 15 minute consult to see if you're in a position to benefit from our unique strategies.
It now looks as though we are out of the worst of the COVID restrictions and confidence is returning. This means that we may only have a small window to find below market deals before the market goes back to normal
Are you ready to build a better life through property?
If you've been thinking about investing for a while and you’re currently in a secure job, then this might just be the perfect time for you to begin to build wealth using property.
We're providing a real, raw, no BS approach to property investing and mentorship. Many property investment advisors fall into 2 categories.
1. Very technically minded mentors that can sometimes be hard to relate to.
2. Sharks. This could be harsh, and there are many good companies out there too, but there are also many that put their profits before their clients.
We know longer-term thinking wins out in the end, that's why we're building a small community of awesome clients building a better life through property. And you can too.
If you’ve been on the fence or wondering who can help you to achieve your investment goals, reach out. Ask the tough questions and go from there.
What do you have to lose?
Real. Raw. Different.
Latest videos from the guys
How to invest in property for less than 50 a week
For those who think that property investment isn't for them or its just too expensive!
Here's a secret on how to pay off your mortgage faster and enjoy life sooner!
How to pay off your mortage in 7-10 years
Make the market work for you to take your next step in building a property portfolio
How to build on your portfolio with no cash
Have you ever wanted to ask questions like...
What should I focus on, growth or cash flow?
Where are the best places to buy right now?
How can I get involved in property development?
What are the things to look for in an investment property?
How can I get better returns for my Super?
Should I buy old or build new?
MIKE & RENEE
Mike & Renee are immigrants who work hard and are really good savers. They have big financial goals but they were very green when it came to property, finance and tax.
Initially they were weary of investing because of all the unknowns. After several meetings they gained the knowledge and confidence to take the leap.
They did not have enough of a deposit to buy an investment property right away. Instead they invested their Superannuation into a development project to start building their nest egg.
This not only gave them far more hope for their retirement, but the goal setting and planning sessions gave them motivation and excitement to go further. They soon saved up enough for their first investment property, and we were able to help them buy their second investment in just over 12 months.
SIMON & RACHAEL
Simon is a Firey and Rachael is a paramedic but on maternity leave with their 2nd child. Simon had 3 properties when I first met him and he was well on his way to building a successful portfolio.
Despite this Simon was “impatient” and did not want to wait for 20 years for his properties to grow enough and his debt reduce enough to sell down and maybe retire. Simon lacked a plan to turn property into cashflow. “Anybody can buy property, but how do you structure it to live off the income?” Simon told us.
The strategy “made sense” to Simon and he could see how it could work to achieve his goals.
The development investments provided Simon with a genuine strategy to replace both of their earned incomes with passive income in 7-15 years.
Even though Simon was excited to get into the developments, he also saw the logic of our strategy to buy one last investment property to ensure his foundation was set in stone.
Simon has just bought another investment property with our help and is extremely excited to get into the property development projects.
As you can see, most of the people we work with aren’t property tycoons.
They are normal people that work hard and want to set themselves up for a better future.
Look we’re biased but we believe it is crazy that people try to invest without professional help.
Yes it is a safe investment class, and that is why most do well. But having a clear strategy that is tailored towards a passive income goal means you will likely reach your goals faster.
Think about it. You wouldn’t try to pull your own tooth or do your own taxes. Property is going to be the single biggest purchase most ever make and there is a minefield of mistakes to be made. Why not use professionals to help you smash your goals quicker?
We believe the biggest roadblock for people reaching out to companies like us is a lack of trust. Give us a call, ask the tough questions and gauge for yourself.
We’ve helped over 700 people successfully invest and counting.
Imagine being debt free and having passive income to live off. What would you do?
We saved Jason and Kathy $40k on the build for this new home by negotiating with builders during COVID
But don’t just take it from us...
The L.O.O.T Method
Proven method to replace your income in 7-15 years
96% of property investors face at least 1 of these challenges
Unable to pay down home loans and investment debt
Higher property prices mean higher mortgages. Most home owners or investors lack a plan for clearing their debt.
With lending conditions tighter and property prices much higher, it’s no longer possible for the average investor to build a large portfolio without a cash flow strategy.
Unable to get further lending once their borrowing maxes out
This is the biggie. Assuming you can get past challenge 1 and 2, how do you know how much income you will have (or savings to act as income) to get through your retirement years? And hopefully leave something for the kids?
They don’t have a plan to achieve a specific passive income goal
The old way doesn’t work. You may have heard it before? Buy multiple properties, hold them for 20-30 years and sell enough to clear the debt and live off rental and savings.
The main issue with this is it takes 20-30 years and isn’t viable for most investors to buy that much property. What is lacking more than anything is investors having a specific plan tailored towards passive income goals. Most investors can buy a property, or 2. But how do you turn your portfolio into consistent income?
We’ve seen experienced property investors with 14+ properties that don’t have an answer to this. And even better, how can it be done in 7-15 years?
At WolfeSmiths we educate and help investors to solve these challenges using our unique method, The LOOT Method - (Life On Our Terms)
So how does it work?
There are 2 strategies that make up the LOOT Method
Build a property portfolio
Invest capital into property development projects. Using cash, equity or superannuation.
CASE STUDY EXAMPLE
Names: John and Lisa
Age: 38 and 35
Finances: Own their own home with a mortgage. Have $20k in savings and $120k of useable equity. Have a combined income of $180k
Goals: $100k passive income in 10 years, own 4 investment properties, have the flexibility to live life while investing but eventually give up their current jobs and start their own small business. They also want a secure retirement by 55 and be able to help others. Travel and living life a long the way is very important to them.
Build a portfolio
– Building a strong foundation
John and Lisa buy 2 investment properties over a 3-year period which is what their incomes could support. 2 high-growth properties located in major capital cities on the east coast. Both properties are neutral cash flow (after tax), so they cover their own costs and are gaining value of around 7% pa (average annual growth).
Do properties really grow at that rate?
The capital gain over the past 25 years equates to an annual growth rate of 6.8% pa for houses and 5.9% pa for unit according to CoreLogic data.
At 6.8% for houses that equates to approximately 10.5 years to double in value. And that is the just the average Australia-wide.
The Property Fastlane – Building property portfolios of 3 or more
This is not necessarily for everyone. Conservative investors may wish to stop at 1 or 2 investment properties. And that is fine, it will just mean you push your goals out further by taking a more conservative approach.For the ambitious investors, if you are wanting to build a large property portfolio, this step is critical. 93% of investors get stuck at 3 total properties because they do not earn enough to keep going.
John and Lisa have big goals. They want to buy 4 investment properties over the course of their lives and be able to earn $100k passive income in just 10 years. This is where the acceleration phase comes in. At the 5-year mark, John and Lisa invest in a property development, using their equity in their portfolio and some savings. Investing in projects and flipping to get short-term profits. These returns are used to pay down debt and boost John and Lisa’s income and therefore, increase their borrowing capacity. After a few years of consistent returns in several projects, they can now get further lending for more investments.
They purchase 2 more properties over the next 3 years. 8 years in and they have achieved their goal of 4 investment properties!
The Income Phase
– Enjoying passive income
John and Lisa turn their attention to their passive income goal. $100k pa. They use their cash balance (which was built up through recycling their initial property development returns), and additional equity from their portfolio to get enough money to invest into a property development and earn $100k pa. Consistently!
To get $100k pa they invest $400k into projects paying 25%pa returns.
The great thing is, all going well, they only need to accumulate $400k once. They then recycle this amount from project to project to consistently get their $100k income each year.
Another key point is that the foundation they have built (their portfolio) acts as a safety net and an automatic, equity generating machine. Maybe one day a project doesn’t go to plan and they get 0% (they only get their initial investment of $400k back). If they are planning to live on the expected $100k profit, then that will bring this balance down to $300k.
Good thing they have the portfolio and it has been growing organically in the background because they can leverage more equity (or sell down property) to top their investment back up for the next project.
The point is that things happen and it’s important to have a safety net.
The Nest Egg Phase – Using property development to boost superannuation
Though this is numerically Phase 4, it started much earlier in the piece. At year 2, John and Lisa realised that their Superannuation was not performing as they liked. Lack of control, transparency, even their own understanding meant their Super was neglected.
It was returning modest returns and they are concerned that economic downturns may mean their super takes a big hit. This meant it was never going to be enough for them to achieve their retirement goals alone.
What John and Lisa did was set up an SMSF with the help of an accountant, and invested into short-term projects just like they did with their equity and cash.
This is called the Nest Egg Phase because you can’t reap the benefits of Super until you reach retirement years. But the reason they started young, is with potentially higher returns on offer, their nest egg could be huge once it came time to retire.
The Consolidation Phase – Paying down debt
As mention above, this phase is about paying down debt to consolidate your position. Once John and Lisa have built their empire, they can consolidate in a couple of different ways.
They can use development returns to pay down big chunks of debt or sell down a property or 2 and use the gain to clear mortgages. With a potentially big super balance to look forward to and with rental income increasing too they have an exciting life ahead of them and a legacy to leave for future generations.
Most people work their whole lives in jobs they don’t love and sacrifice too much!
How many events or moments are missed with loved ones just to pay the bills?
We want to help take the money problem off the table and give people the tools to live life on their own terms. YOLO!
You will discover:
Our guarantee to you:
We guarantee there is absolutely no-obligation;
No pushy sales BS. We’re real people wanting to help get real results
And If we are not the best people to help you, we will tell you and point you in the right direction
To register, simply enter your details in the form below. Once we have received your enquiry, we will call you personally for a quick chat to confirm your details.
From there we can book in a time to build out your personalised strategy.
Book your free consult
The 15 min consult is simply to check that this is something that is right for your situation. Property investing right now is not for everyone, but for some it presents a very big opportunity
If it seems like our strategies could help you, we'll schedule in a longer session to provide more details
Real. Raw. Different.
House it going?
If you're wanting to know more about our philosphy towards property investing, one thing we pride ourselves on is that we have great manors, we lay a solid foundation with clients to cement a long-term relationship.
Don't get us wrong, we take this very seriously, managing other peoples investments is no joke - but we want to do this while being ourselves, having a bit of fun, and talking straight with people. We don't want to waste anyones time, if it's a good fit we can help you do a lot of great things, but this isn't for everyone.