Jake came to us as a first-time investor based in Sydney. He had been searching on his own for over a month and had spoken to a few other buyer’s agents before engaging us, but he had not yet found the right fit. Once he connected with Angus, he knew he had found the right buyer’s agent to help execute his investment strategy.
Jake was open on location, which gave us room to work. We narrowed the search around his longer-term plan: to extract equity and buy again within two years. Every area we put forward was chosen to serve that goal, not just the first purchase.
Discipline mattered early. On the first property we pursued, we had already factored the required upgrades into our valuation, so we would not increase our offer by another $10,000 just to secure it. We walked away. A few weeks later, after we had already secured Jake’s property, that same agent called back and offered it to us at the exact price we had originally put forward. Our valuation had been right all along.
When we found this property, we knew we had to move quickly. This agent typically sells within a week, so there was no room to hesitate. We submitted an offer that was fair and hard to refuse, yet still $30,000 below our predicted value, backed by strong terms. The deal was secured straight away.
The real test came after exchange. During the cooling-off period, we arranged a building and pest inspection, which uncovered a serious issue: one of the roof trusses had broken and fallen, leaving the roof sagging by around 300mm. Angus spoke directly with the inspector to understand the exact scope of works before working with the selling agent to find a solution. The owners agreed to complete the repairs during the settlement period, and Angus negotiated the flexibility to extend settlement if required, ensuring Jake would not be carrying a mortgage on a property that could not yet be tenanted.
The works were completed quickly, and the property was tenant-ready before settlement. Jake secured his first investment nearly $30,000 under value, had a hidden structural issue resolved at the vendor’s expense, and settled on an asset ready to generate income from day one, exactly the start his two-year investment plan needed.