10/10/2026
$76,876 profit on a deal that nearly fell over 4 days before settlement. And heās not slowing down. AK has signed 5 more deals across TAS, NSW and VIC, taking advantage of the buying opportunities in this market!
AK completed this recent project in Tolland, NSW. Bought for $370,000, sold for $580,000. Funded through money partners and private lending. Swipe through to see the before and after photos šš¼
THE NUMBERS
Purchase price: $370,000
Purchase costs: $16,124
Renovation: $65,000
Holding costs: $4,000
Interest to money partners/private lender: $30,000
Selling costs: $18,000
Selling price: $580,000
Profit: $76,876
MEET AK
AK lives in Melbourne, works full-time in IT and moved to Australia at 8. He started with buy and hold, but found it slow for building equity and cash flow. Then a small $10K renovation created around $80K in instant equity, and that opened his eyes to what renovation can unlock.
After seeing fellow redmaneproperty student Vipulās success, AK backed himself and signed up for the coaching program. Since then he has completed 4 deals last year and is on track for even more this year.
THE DEAL
AK found this one by calling an agent every couple of weeks for months. Eventually the agent said āhave a look at this one.ā The seller wanted $375K to $380K, AK was at $360K to $365K, so he suggested meeting in the middle at $370K. Done.
Then four days before settlement, a money partner pulled out when their solicitor wasnāt comfortable with the loan terms. AK pivoted to private lending and other money partners, and the agent bought him time by telling the seller the tenants hadnāt cleared out.
The reno was full of smaller jobs: plastering, fixing old room conversions, sagging ceilings and an electrical fault from a previous kitchen renovation affecting the showers. He dropped the project manager and managed each trade directly to keep costs down.
$76,876 profit. Built on persistence, a fast pivot and being clear with every trade.
The deals are there. The profit is real. And once you back yourself⦠everything changes.
Incredible work AK. š