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Hi I'm neK

Discussion in 'Introductions' started by neK, 24th Jun, 2015.

  1. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    Hi all,

    Looking for a new home over here at PC now that SS is closing down. Been a member since 2009.. and its because of SS that i started my Granny Flat journey.

    I've met some great people from SS over the years and glad to be able to call them friends.

    Bit about me:
    • I'm in my mid 30's, married, and have a beautiful 18 month old :)
    • Work in the Financial sector (nothing to do with Mortgage broking).
    My journey so far:
    • 2003 - House in Parramatta region $479k
    • 2007 - Unit (PPR) - $335k. Sold it in 2009 for $422k
    • 2010 - House (PPR) - $900
    • 2010 - Built a granny flat on existing IP ($130k)
    • 2012 - Built a granny flat on parents property (all theirs - i just designed and project managed)
    • 2013 - House in Ryde region ($710k) - Extended existing house and built granny flat. ($290k)
    Since then I've helped family and friends and secure properties.
    • 2013 - Duplex in Bankstown region - Purchase price was $475k. Before we settled, the other half of the duplex sold for $551k.
    • 2013 - Unit in Inner west region - Purchased at auction for $571k. In the same complex another unit had sold for $619k the same morning
    • 2014 - House in Northern beaches, listed as offers over $1.2m. Picked it up for $1.12m. Corner block with plans to put a granny flat on it shortly.
    • 2015 - House in inner west region - Purchase price of $1.1m.
    So what now? Thinking of buying Melbourne and/or Brisbane and replicating the same strategy, but i don't think they have similar rules to NSW for now.

    Looking forward to learning more from SS / PC members and moving onto to the next stage of my investment strategy - whatever that may be :)
     
    Last edited: 24th Jun, 2015
    Patamea, Michael_X, Redom and 2 others like this.
  2. Be Developer

    Be Developer Property Developer Business Member

    Joined:
    19th Jun, 2015
    Posts:
    1,078
    Location:
    Australia
    Good to see you here @neK
     
  3. Michael_X

    Michael_X Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    295
    Location:
    Gold Coast/Sydney
    Welcome @neK! Good to see you on PropertyChat!
     
  4. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    Thanks Michael.
    When's your next trip to brissy? Any room for a tag along? :)
     
  5. MsAli

    MsAli Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,147
    Location:
    Sydney, Australia
    Hey Ken!
    Great post!
    Thought we were up for a lunch!
     
  6. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    Thanks BeDeveloper. After having a read of your site, I may have to hit you up for your services. Looking to progress into Property Development... just never knew where to start. :)
     
  7. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    Thanks Sana.
    Definitely up for lunch. I'll drop you a message.
     
    Last edited: 28th Jun, 2015
    MsAli likes this.