A Senior IT Developer from Sydney, who came to us recommended by a family member who had built a successful property portfolio with the help of SONI Wealth experts.

This client is 36-year-old, career-focused working for a large tech firm. He has been paying approximately $50,000 in taxes each year. He was not only a good earner but also a disciplined saver. Like many other good savers, with money sitting in his bank account, he was aware that his money wasn’t really working for him. With fear of unknowns and not much know-how about Investments including property he was reluctant to invest.

MAKING THE RIGHT START WITH TEAM SONI

Team SONI took care of the entire process, starting from understanding his financial situation, goals, inspiration and blockers.  He was then systematically educated on Principles of Wealth Creation and Property Investment. Once fully educated, he was provided with an actionable plan. With the right support system from our team, he succeeded to invest in his first property sourced by us. 

RESULTS ACHIEVED ON THE FIRST YEAR

According to him, both property evaluation and overall costs estimations provided by Team SONI were “spot on”. After the first year as a landlord, his tax return was a good surprise: almost $8,000 tax refund and a self-sustainable positive cashflow asset. And he knew, the plan presented to him on the paper has come to life.

The fear of getting a mortgage was replaced by the excitement of knowing that his money was finally working for him. Advised by the team, he continued renting and went on to strategically purchase another two investment properties sourced by us. Out of two new purchases, one property settled within couple of months of purchase and another one will be settling in 2022.

TAX MINIMISATION THROUGH STRATEGIC PROPERTY INVESTMENTS

When he lodged his tax returns for the 2019/2020 financial year, he was awestruck. The results exceeded his expectation, from exactly $47,317 in withheld taxes he will get $14,555 tax refund into his bank account. Apart from the hefty tax refund and self-sustaining positive cashflow property, he has also enjoyed the capital growth in purchased properties. The next in line for him is to purchase a owner-occupier home and avail all the grants and incentives for first home buyers.

TEAM SONI CAN HELP

Achieving results is much easier with the right team beside you. If you are a high income earner willing to build a self-sustainable property portfolio, book your free Wealth Consultation today.

A simple chat with our experts can clarify your questions and give you the confidence you need to get started:

✅ You’ll get an accurate understanding of your potential as a property investor.

✅ We will help you define your financial goals together with realistic milestones.

✅ You’ll discover personalised strategies to make your money work harder for you.

✅You will experience our proven system to help you reach your financial goals faster.