6 Massive Tips From 31 Year Old Property Investor And Developer Chris Moscher

Property Investment Case Study

Chris Moscher is the type of guy you knew growing up.

You know that one that was modest, likeable and would do anything for anyone.

As a 31 year old property investor Chris owns two very successful G.J. Gardner Homes franchisees, has a beautiful family and a growing property portfolio.

Property Investment Case Study

Property Investment Case Study

1. How many properties do you own? How much did you buy them for? How much are they worth now?

I currently own 2 houses, 1 block of land and a 50% share in another block of land.

Property 1: (Principal Place of Residence)

Purchase Price: $465,000

Current Value: $850,000 – $1,000,000

Property 2: (Investment Property)

Purchase Price: $365,000

Current Value: $580,000 – $650,000

Next Investment Property (Land Purchased)

Purchase Price: $101,250

Current Value:$135,000

Looking to build and hold this property. (Building to start before September 2014)

Joint Venture Investment (Land Purchase)

Purchase Price: $90,000

Current Value: $125,000

Looking to build and sell this property.

2. What’s your personal investment strategy?

  • Always looking for the next opportunity to build a property and build equity.
  • To have as much equity in my principle residence as possible, and to use this equity to fund new properties.
  • I aim to own my principle residence in the next 5 years.
  • To build and hold properties.
  • Aim to build and sell as a joint venture, to increase cash flow.

3. What are your plans in the future?

  • To have as much equity in my principle place of residence as possible, and to also have this paid off in the next 5 years.
  • I would like to start to build and hold properties for here on inn.
  • Aim to build and sell 5 to 8 joint venture House & Land Package’s Per year from 2015 forward.
  • To build and hold 10 investment properties within the next 10 years.

4. How did you get into property investing, building and property development?

I have always had an eye for building and property development; however it has taken me 10 years to be in a position to have a real crack.

Throughout my 20’s I worked hard to get myself into a position to do what I do now.

Although I still work my arse off now, I really enjoy what I do, the people I work with and the opportunities it creates.

From a work perspective I started my carpentry apprenticeship at 14, then went on to complete a degree and post graduate degree.  After my degree I worked as a teacher for 3 years, before buying into the Albury G.J. Gardner Homes Franchise. I am now the majority share holder in this business and recently purchased the G.J. Gardner Homes Wagga franchise.

5. What do you know now that you wish you new sooner?

  • How important it is to have good people around you, that push you and thrive on your personal success.
  • The importance of a good broker and financial planner, despite the fact I still go against my planner’s advice at times.
  • Learnt how to ask the tough questions. The worst thing they can say is no.
  • I am massive on family and time with family. I recently brought a wake boarding boat, despite my financial planners advice, which has been the best investment in my family I have ever made.

6. If you were starting again what advice would you have for yourself?

  • I’ve made many mistakes in the past and I’m sure I’ll make more in the future. This said I still believe that your gut always knows the best opportunities.
  • I would have bought and held land earlier. When I was 16 I wanted to buy a block around our local lake which was going for around 30K, the land value of blocks in this particular area is now around 350K.
  • I recently bought and sold 5 blocks of land for $75,000, which were valued at $115,000. Looking back I wish I had built and held them myself. Opportunities like these are rare and I will never make that mistake again if it comes up.
  • Be carful who you take advice from and ask if the advice is in your best interest? Unfortunately many people just don’t want to see other people succeed.

More property investment case studies like this?

Property investment case study – How Aaron McDonough bought 24 properties before he was 35!

Investing while your young: A case study on 28-year-old property investor Ben Everingham who purchased 6 properties in 3.5 years.

Chris is a licensed builder and a owns multiple G.J. Gardner Homes franchisees. Chris has more than 15 years experience as builder and focuses on helping families and investors build their dreams..

Information on this Internet site should not be regarded as a substitute for professional legal, financial or real estate advice.

Pumped on Property make no warranty as to the accuracy or reliability of the information contained herein. Pumped on Property disclaims all liability and responsibility for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from the Internet site at https://www.pumpedonproperty.com.

The subject matter on and accessible from the https://www.pumpedonproperty.com web site is copyright. Apart from fair dealing permitted by the Copyright Act 1968, Pumped on Property grants visitors to the site permission to download and display its copyright material only for private purposes. For reproduction or use of https://www.pumpedonproperty.com copyright material beyond such uses, permission must be sought directly from Pumped on Property. If given, permission will be subject to the requirement that the copyright owner’s name and interest in the material be acknowledged when the material is reproduced or quoted, in whole or in part.

Pumped on Property does not claim rights to any media posted unless specifically stated otherwise. Media are used solely for the purpose of discussion, comment or visual aid. We are not responsible for the source or editing of any media, unless stated.

Ben Everingham

About

Ben founded Pumped On Property after building a multi-million dollar property portfolio over a 5 year period. His mission is to show you how to replace your income through property investing so you can do what you love…full time.