REA Academy Magazine September 2020

Welcome to

Since the day Karan Sharma turned 18, he read an abundance of real estate investment books as he had a great aspiration to be a millionaire. After reading a steady stream of success stories, he decided to wander down the path of property to achieve his dream.

In 2008, Karan purchased his first property in Australia and has been actively buying and selling since.

“Real estate is, in my opinion, a safe investment as everyone works to earn food and shelter,” he says.

“Therefore, investing in property was an ideal way for me to achieve both cash flow and capital growth.”

Karan’s current portfolio is roughly worth $4m ($4.8m including overseas) and, if he was to go and sell tomorrow, his bank loans would be $2.7m. However, at present, the net cash flow a year is positive at $6,000 ($11,000 includ ing overseas).

Raised in a middle class family, and with a father who worked as a banker, Karan was always told about the real estate opportunities his father had missed out on.

With his father’s regrets in mind, Karan went on to do well in school and obtained a bachelor’s degree in business, majoring in accounting and finance, from the University of Western Sydney.

“To learn more about the real estate market, I studied for the full real estate licence,” he says.

“My childhood was really basic, and this always motivated me to be rich so my kids can enjoy a lav ish lifestyle when they grow up. While I don’t have any children yet, I am confident in my strategy of setting up a successful portfolio before settling down and getting married.”

Looking abroad

Living in Australia, Karan decided to kick-start his portfolio in a market close to home, but once he began to accumulate decent equity in India he decided to invest in Australia and India both and take advantage of the rap id growth both the markets were experiencing.

“I believe in the numbers game – the more you buy, the more growth you can make per investment,” he says.

“These opportunities came up via a network of Indian investors I knew here in Sydney so I decided to give it a crack. Networking has definitely been a positive influence on my decisions.”

With experience in both markets, Karan has deemed Australia as the much safer country to invest in due to the highly regulated legal system.

“Builders, developers and real estate agents are monitored constantly, so I definitely feel safer buying in Australia,” he says.

“But that doesn’t stop me from investing small and short-term in overseas markets. The builders in India often take longer than promised to finish a project, but in my case it worked as a blessing in disguise, as it gave me more time to pay off the property without borrowing from the banks.”

Sierra Residences Project Kellyville

Sierra Residences delivers a limited collection of boutique house and land packages in one of the North-West’s booming centres of growth. Surrounded by natural bushland, local parks, village hubs and a number of major retail centres, it presents the perfect family address, enjoying excellent amenities and connectivity. An esteemed developer brings you a choice of 11 architecturally designed freestanding terrace-style residences to suit any lifestyle needs. SIER

RA RESIDENCES ENCOMPASSES JUST 51 HOME SITES WITH PRESTIGE INCLUSIONS, MANY ENJOYING BLUE MOUNTAINS

VIEWS. Select from Torrens title and community title residences set among beautiful streetscapes, with stylishly appointed interiors and quality construction. Well proportioned and cleverly designed, each home comes with the advantage of double garag ing with internal access. EASY CONNECTIVITY Close by, The Village Cen tre, Kellyville Village and the Bella Vista shopping precinct cater to all of your day to day needs, including a selection of supermarkets and eateries. Indulge all of your retail desires at Castle Towers in nearby Castle Hill. Here you can catch the latest movie at Event Cinemas or dine at the eclectic indoor/outdoor eateries of The Piazza precinct. Take a mere eight-minute walk to Kellyville Public School or a five-minute walk to Kellyville Preschool Kindergarten. It’s a brief four-minute drive to the forthcoming Kellyville station along the new Sydney Metro high-frequency railway line, due to open in 2019, making com muting to the city a breeze.

Dongola Circuit Project Schofields

Origin on Fifth Avenue Project Austral

Origin on Fifth presents a perfect opportunity for families and first home owners to experience exceptional living. Part of the Rose Grounds Masterplan, Origin is the next exciting stage for this young and vibrant community. This release of 2, 3 & 4 bedroom terraces have been a con sidered design with landscaped gardens, modern facades and quality materials, to offer a home that you will love to live in. The private terraces are perfect for the family to unwind in, and seamlessly connect to living spaces within the home, making them ideal for entertaining.

When

Rose Grounds is perfectly situated within one of Syd ney’s most vibrant and connected new communities. Select your perfect lot for your dream home at Rose Grounds conveniently close to Leppington stations, shops, schools and parks this estate has everything you need to create the best future for your family. A proposed new town centre will form the bug of vil

lage life with restaurants, entertainment, shopping and community services all with a master planned precinct. Leisure options such as parklands and cycleways will offer great recreational options and the new Rail Link and Airport will not only drive jobs it will make travel; interstate and international a breeze.

Located within minutes to Shops, Schools and Leppington Town Centre and Train Station. This development is the perfect site for a home or investment. Leppington is a booming location and is perfectly positioned close to M5 and M7 freeways, the new Badgery’s Creek Airport, Liverpool CBD, University Campuses in Campbelltown and Liverpool as well as many Private and Catholic Schools. Only a 3 min drive to Leppington Train Station. Moments from Shops, Schools, Childcare Centre.

Danielle Stone

Carpet

Carpet

450mm

Carpet

450mm

Mirrored

Mirrored

20mm bench top

40mm bench top

600mm appliances 900mm appliances

Externally ducted range-hood

Dishwasher provision

mechanism Standard drawer and door mechanism

Chrome mixer tap-ware

Two tone cabinetry

bench top tiled-in bath

Freestanding bath option

Semi-frameless shower screen drawers and doors mixer tap-ware range cabinetry

Heat/light/exhaust unit

Full-height tiles to walls in lieu of cornice

mirror

Externally ducted range-hood

Dishwasher included

Soft-close drawers and doors

Chrome mixer tap-ware

Two tone cabinetry

tray Cutlery tray

Three light points above island