While most people in their twenties are only thinking as a far ahead as their next Facebook status update, or what outfit to wear clubbing on Saturday night, Marcia’s ambitions are scarily well defined.
“I’m aiming to retire by my 30th birthday with 20 houses in my portfolio,” she says bluntly.
This is no idle boast. For in the three years Marcia has been investing, she’s already amassed a $1.8m portfolio of seven investment properties in Queensland’s Logan City District, 20 minutes from Brisbane’s CBD.
The “self-confessed workaholic” somehow juggles a full-time job as state manager for a cryogenics company and manages no less than a dozen properties.
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That steely determination may also explain her love of Zen Do Kai, in which she holds a brown belt. The martial arts discipline's philosophy encompasses the principle of "if it works, use it" and, according to its founder, means ”best of everything in progression". Both mantras could easily describe Marcia's assault on the local property market.
“My true passion is real estate,” she explains. “The whole process of buying a property is a huge rush and it only takes a few months after I sign a contract that I need that rush again. I am a real estate addict.”
The love affair begins
Marcia says her “love affair will all things real estate” began in her first job after leaving high school, at a local real estate agency where she learnt the nuts and bolts about buying and managing properties.
She’s come a long way, and quickly, since then. Her first purchase was in 2009 of a two-bedroom unit in Logan Central which she bought with her then- partner with $7000 in savings and a First Home Owners Grant.
While the relationship may not have lasted, the romance with property investment has only burned brighter despite her entering it in the middle of the GFC.
“In the worst of the GFC I purchased three properties … many had dropped by as much as $50,000 before I bought them,” she says.
Marcia says her investment strategy, which now boasts a net worth of close to $340,000, is simple.
“Purchase at the bottom end of the market, undertake minor renovations to add major value, then use that equity to purchase more properties," she says.
"I don’t have a lot of cash flow so I have to buy properties that are in high rental demand areas. Since I began, not one has been vacant for more than one week.”
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