Graeme Holm Reviews: Meet The Young Couple Owns 6 Homes Worth $1.5 Million

With just a quick online search for Graeme Holm reviews, anyone can read the countless success stories of happy clients who were once overwhelmed and buried in debt and were able to turn their lives around. One such story, and one that is making headlines across Australia, is that of Megan Andrews, 32, and Jeremy Craig, 37 of Perinth. The young couple returned home from an extremely lavish overseas holiday around the world and a dream wedding in South Africa, to bill that totalled over $37,000. They were struggling with doubts they would ever be able to pay off the debt, let alone afford to buy a home.

However, a chance meeting with Graeme opened their eyes to how they can live debt-free and earn an income from property investments.

Graeme is CEO at Infinity Group Australia, a mortgage brokerage firm he founded in 2013. He educates his clients on how to manage their finances, but most importantly, to cut wasteful spending. We were young spending anything we had direct access to. Travelling, shopping and eating out,” Megan said. “Our goals to own our own home was a lot more unrealistic than we thought. We knew that our spending had to change.”

“All it takes is old fashioned budgeting. You’ve got to go back to basics, save hard, and delay gratification a bit,” said Graeme.

With guidance from Graeme, they were able to set a strict monthly budget and pay back their debt, a little at a time. Eventually, they bought their first home, and in the span of three years, they built a property portfolio with six homes, worth $1.5 million.

Megan and Jeremy also learned to look at the real estate market a bit differently.

Graeme showed them how, rather than going the conventional route of buying a “dream home” and working your whole life to pay off the mortgage, they could find more modest properties and treat them as investments, making income at the same time.

Graeme says that young buyers need to be more realistic when looking at the Australian housing market. “If you aspire to live in Bondi by the water, you might feel pushed out of a home but you’re better off starting with what you can afford,” he says.

With a strict savings plan firmly in place, Megan and Jeremy paid off their debts. Then, with a bit of help from Jeremy’s parents, they were able to pay the deposit on their first house, a quaint property in Ipswich in southeast Queensland, followed by another home in Toowoomba.

Both of these early purchases were about $420,000 each but they were also dual occupancy, with two sets of tenants, and four sources of income. Just last year, they purchased another property in Redbank, which earns an additional income of $600 per week.

After three years, they now have a total of six homes, and Megan and Jeremy earn approximately $80,000 per year in rental income.

This article was posted on the Daily Mail Australia as well as https://www.msn.com/en-nz/money/personalfinance/extravagant-millennials-who-splurged-thousands-on-a-lavish-wedding-in-south-africa-and-travelling-around-the-world-now-own-six-properties-and-reveal-how-you-can-do-it-too/ar-AAIHNEq