How Kerwin and Anthea Found A Safe Way To Use Equity From Their Family Home To Invest In Property

“The information I got from b Invested at the map session was too valuable. It just changed everything…We should have done this 10 years earlier."

Kerwin and Anthea P, Sydney Australia

The Results


B Invested

Key Stats

Kerwin Plaatjies, 41, Structural Draftsman and Anthea Plaatjies, 41, Office Manager

Starting savings: $85,000
Starting equity: $100,000

B Invested

Achievements With b Invested

Number of properties with b Invested: 2
Current b Invested property total worth: $575,000
Current b Invested property net worth: $43,000
Current b Invested property rental income: $580 per week
Current b Invested property mortgage repayments: $369 week
Duration with b Invested: 6 months

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The Journey

Kerwin and Anthea’s Story

 

41 year-old Kerwin Plaatjies has always had a keen interest in property investment, but him and his wife Anthea were restricted by the mortgage payments they were making on the house they already lived in.

 

About four years ago, Kerwin began to think seriously about investing in another property to pay off their home, but the couple were wary of getting into debt. Kerwin says that he suggested extending their mortgage in order to purchase another property.

 

Kerwin believed that this strategy would mean “we’ll have more money to put into another property, however Anthea wasn’t keen on that idea”.

 

In 2015 before becoming involved with b Invested, he and his wife Anthea bought a three bedroom investment property in Sydney for $330,000 after borrowing $360,000 in a loan from the bank. The property was negatively geared and left them feeling financially strained.

 

Kerwin began to look online for advice about successful property investment strategies and he came across b Invested on YouTube. He says this helped to alter his mindset. “I started watching the videos and it just changed my mindset and changed my thinking and told me not to be scared of debt”.

 

Kerwin and Anthea decided to book themselves in for a map session. During the session, Kerwin was alerted to the possibility of uncrossing their investment loan from their principal home, so that their investment wasn’t a liability. This allowed the couple to access more finance and stopped the banks from turning them away. “The information I got from b Invested at the map session was too valuable…it just changed everything”.

 

The couple chose to proceed with b Invested. Kerwin and Anthea decided to withdraw $100,000 in equity from a combination of their personal home and the investment property they had bought in Sydney so that they would be able to start purchasing through b Invested.

 

 

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Case Study Gallery

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Anthony

“Today the entire property portfolio is sitting on around $2.5 million and the equity on that is worth around $700,000.”

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“We wanted 6 properties in the first year, then 12 properties in the next 2 years and 20 properties in the next 5 years. So when we initially wrote that it seemed unbelievable and now it seems very ordinary and achievable.”

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