Watch Me Buy Our Next Investment Property

Revealing our next purchase with sub-division, granny flat and renovation potential all in one.
1000sqm block plus in Greater Brisbane: Logan Queensland.

🏠 Looking for a Brisbane Buyers Agent?

🚨 Recommended Mortgage Broker!
Nevada Matthews & the team from Cube Home Loans.
Mention "Luke Wiles" OR "Purpose Property" to receive a discount on your application fees.

Course Includes: ✔️ lifetime access ✔️ workbook + templates ✔️ step by step guide

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🎯 Socials

🛠️ Discover Our Renovation Series!
How To Flip a House in Australia
Our Triple Gable Queenslander:
The Baby Queenslander:

🎬 MUST WATCH VIDEOS

🔎 Disclaimer
No Legal, Financial & Taxation Advice
The Listener acknowledges and agrees that:
Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.

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[gingerkilkus]

People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.

[letscookwithkev]

Congrats Luke and Em :), that was really exciting content. Felt like I was fighting beside you for you to win ! - excited for our chat next Monday !

[OfficialRustyGus]

Cant wait to see what you do to the property.

[charlesibrahim]

Hey Luke, just curious as to how you're working your finance. Did uou get pre approval or purchase and then refinance?
Thanks, great content 👍🏾

[akaStarex]

Great job Luke! I also bought in Logan this week!

[ruthang]

Congratulations!

I have a question: why wasn't the purchase condition to pest and build?
Isn't it risky to purchase a property without conducting those checks first?

Thank You

[douglaspaulsilva]

Hey Luke, is this one going to be negatively geared? I assumed it will at current interest rates level but keen to hear your input. Thanks!

[nnyv]

Hey Luke, congrats on this purchase. Could you please explain why you are purchasing another investment property when you sold the baby Queenslander to help fund your primary resident renovation? Just trying to understand the logic. The baby Qlder's sold for $963K and you pruchased this property for $855k. You made a profit of $329, 572 when you sold the Queenslander, unless you didn't use up all that money for the reno? Thx

[matthewburton]

I wonder if you stopped bidding at 842k if you would have won on terms as well!

Also do you worry that bidder C could have been a plant?

[douglaspaulsilva]

Hi Luke, congrats on the purchase! Are you doing under a trust structure or your personal name? and why? I'm facing this dilema.

[rsmithy]

Great video Luke. Is this platform offered in NSW?

[SwampyPanda]

Hey Luke I'm a student of Indian CA. I wanted to talk to you about doing ca aus. Can we have chat somewhere please?

[Appox]

Where do you find info on the sewage and stuff in the backyard?

[vicksydney]

Think you might have doxed your number at 6:25 .... Unless that's your public number etc

[Appox]

Why did C rebid themselves? Maybe C was a bot just trying to get a higher price?

[AdoRe-ym]

Nice insights. U were a cash buyer. That is why they picked u probably?

[Scottweeier]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer. .