Multi Gen Wealth Model

Now, do you want to live happily ever after? Well, so do I. Hi, I'm Dax. I help people get out of the rat race with property investing. The fairytale ending is important to all of us. It's because, you know, we were told that as kids, every book ended with that, you know, lived happily ever after. It was what we were told every story. And it's sort of embedded in us that that's how our lives should end as well. It's not your fault that you weren't told about passive income and how to make money with property so that you can just retire and live that happily ending. It's our school's fault. The school system is just there, teaches us to get a good job, get a partner, have kids, and it's perpetual emotion into having your kids do the same thing. That's why I'm here today. I want to break that mold. I want us all to have that happily ever after ending. Let me show you how the multi generational wealth system will provide you and your future generations to live happily ever after. So let me share my screen and let's get on with it. So here we go. This is our multi generational wealth model. And where we need to start with all of this is this key focus of systems. It's the bottom, it's the, it's the foundation work that we need to get in place straight away. And I find that once you get the systems in place and the strategy and the teams in place, we can build off that for future generations. And so I've split the systems up two areas. One is that strategy, okay. And that's key to working out the end in mind. It's like the Stephen Covey, you know, start with the end in mind and work back to that. Once you've got that strategy in place, you can lock it down, you can put it up on your fridge, you can put it in your bathroom, you can see it, you put in your, in your vision board, your mind map wherever you go and really embed that and have a plan of attack of where you want to end up and what is your next, next step on that wealth. The second part of having the systems right is having the team right, okay. It's really key to make sure that you have the right team on your side that knows your goals, knows where you want to go and are there to help you. So that includes people like your financial advisor, your accountant, your broker, your conveyancer, your buyer's agent, your property strategist consultant like myself, making sure that we all know where you want to go and we're there together. And also make sure that they all talk together. And that's one of the key things that we do with our clients. Every three to six months we get together and talk about our client to make sure that when we talk to you, that we've got all of our plans lined up with where you want to go. So that's a systems based. Once we've got that in place, it's our next step. What is that next purchase? And so we work on this side of the triangle. What do we need to purchase next? And that's really key. And what we've found is there's two major focuses when you're looking to purchase one. You know, you've heard that location, location, location. So there's over 12,000 suburbs in Australia. Where do we find the needle in the haystack or as we call it, what are Goldilocks rules to find that one that's perfect for your strategy. And that's where we come in with that profitable property portfolio that's actually making you money. And we look at that location, we drill down into that area and then we can focus our laser focus into that. The second thing is, once we've done that is being able to negotiate well so that we get under market value, usually off market as well, so that you're buying usually at wholesale. And when you buy, you make your profit. Okay. You don't make the profit at the end like some other deals. It's making sure that you make the money now. Okay, that's key. And I can talk to you about how we do some cashbacks and things like that that really accelerate your growth. Now we've found if you get a systems right, you purchase well. You have this thing down in the bottom left hand corner and that's, that's your freedom. Okay, what do I mean by freedom? It means that, you know, these positive cash flow properties, if you lose your job or your partner lose your job and stuff like that, there's no stress because these properties look after themselves, they pay themselves, they grow at a certain 7% because they're in a capital city and they got good tenants in it. Okay? So there's a sense of freedom, that the property looks after itself and is growing, that you know you're free to do what you want to do. And that's where we all want to get to with that. So on the third side of the triangle, where we want to really help you grow and accelerate, that is your growth side of Things and what we've found is you can buy, right? But if you have to add the, if you don't get the growth right, then it can slow down your wealth growth as well. And we found that it covers two areas in this space. One is the feasibility. So feasibility study is really at putting all the numbers in, doing our due diligence, going deep across all fees and expenses and rents and all this sort of stuff and pulling that all together to make sure that we're confident before we even put an offer in that this property is going to make money. Okay, you really want to make sure that you don't want to go, is it going to make money? Let's just guess which is. You know, when I first started off, I did that as well. But now I know if we go deep on the feasibility, make sure it's making money. We want 5 and a half percent per annum on top plus a 7% growth per annum on equity. If that works out, then we're wrapped. Okay. That's a green light in that space. Once we've done that, the second part of that growth is really key is the delivery. So a lot of these house and land packages that we're buying, it's key that it's fixed price, no variations, no changes, and we know exactly what it's going to be delivered and we make sure that we deliver on time and on budget. Okay. Because then that the feasibility adds up and that means that our profitability and our growth is locked in based on our strategy. Okay. Once you get your feasibility right, the deliveries right, you've got that growth angle right. If you combine the purchase and growth strategies together, what we've found is you get the top of the pyramid there, you get to accelerate your wealth. Okay. Which means once the delivery is done, we get revalued and then what happens is that there's an equity uplift and then we can go again and we go around the triangle. Okay. It's really awesome. And you know, if we get all these systems right, this is where that whole goal here is building the lifestyle for you and your family for that multi generational property wealth. And it's really key if we get all this working together that you can see, you can go around here again and again, refine your strategy, find location, negotiate well, make sure the feasibility adds up, deliver on time and on budget, creating the lifestyle you are you want and then back into the strategy and find that next one and we go around this circle to create you multi generational wealth. I hope that's really helped. Look, the idea here, if this has been really good and resonates with you, then please go ahead and click below. Book some time with me. Take the next step. See how we can help you build your roadmap to your dream life and have that happily ever after. Thank you.