If you treat your property investing like a hobby, you can expect to earn a hobby income. If you treat your investing like a serious business, then you can expect to make a fortune. Ultimately the choice will come down to you and the consequences of your decisions, and indecisions, that you will make along the way. One of the main reasons that the vast majority of property investors, (and here I am mainly referring to the property investors who have only one investment property, which is 72.8% of the entire landlord pool in Australia), fail to achieve significant wealth through property investing is that they simply fail to treat their property investing like a business. Like any successful business owner, property investors who are wanting to succeed need to start managing their real estate asset in a manner that will maximise their chances of succeeding in the medium and long term. Failure to do so will leave most property investors feeling frustration and disappointment. Here are 8 key characteristics that are common to property investors who approach their investing with a business mindset.
One might ask, ‘How does one reset ones’ sails?’ You reset your sails by learning new specialized knowledge, by acquiring new distinctions, and letting go of old inefficient habits and beliefs of-the-past. This one fundamental key is the reason that I continuously read and educate myself in my chosen field of Residential property investing. I have made a long term life commitment to never ending continuous refinement of knowledge, very similar to what the Japanese refer to as KAIZEN. You see in life there is no such thing as status-quo, you are either growing or you are dying, you are either learning or you are regressing. Many academics believe that there is such a thing as a learned person, I believe this is a great fallacy, there is no such thing as a learned person – you are either learning or you are regressing! So, now that I have equipped you with the 7 essential traits of successful property investors who build multi-million dollar property portfolios, and I sincerely hope that you I have added value to your knowledge base, what’s the next step? Or more importantly, you might be wondering how do I take my knowledge and awareness to the next level? And here is the answer… Put simply, if you want to increase the level of your results – and I am making the assumption that you do based on the fact that you are reading this report – you need to increase your level of awareness. In order to increase your level of awareness, you need to gain access and exposure to specialized knowledge preferably coupled with mentoring over a reasonable period of time. Now this is a very profound statement, so I will break it down further, and simplify it in point form.
Having said that, one of the most neglected aspects of education in Australia today is in the area of financial literacy, or more specifically, how to best build structure and automate a property portfolio from a finance perspective. That’s why I wrote the book;
This book provides readers a real insider’s guide into the lending world, outlining the key players in the mortgage and banking industry, and a detailed breakdown of the main lending products available on the market today. It highlights in detail, the main loan structuring techniques currently used by the most savvy and successful home owners and property investors in Australia today, many of whom have paid off their homes completely in under 10 years, whilst concurrently having built and structured multi-million dollar property portfolios. All anecdotal scenarios and recommendations that are made throughout this book are drawn from years of ‘real experience’ working at the highest level in the banking and mortgage broking industries, as well as having personally applied the very same loan structures myself.
Here is just a snapshot of some of the ‘key’ distinctions that you will learn by reading ‘Australian Property Finance Made Simple’;
Finally, the main reason I wrote this book is to equip the average Australian with enough financial intelligence to tackle what is perhaps the single biggest financial commitment of their life…their ‘mortgage’. This book is designed as a practical reference guide that will empower readers’ thoughts and illustrate why the traditional home and investment loans are completely outdated and will take the average person decades to pay off, and how the banks have created this system that keeps them rich at the expense of the average Australian. More importantly, this book will give you a step-by-step blue-print on how to pay off your home sooner than you could have ever imagined, and how you can place yourself in a financial position sooner, where you can start building wealth though acquiring a property portfolio! To order your hard copy of Australian Property Finance made Simple, simply go to; Once you order your copy and read it, I would love to receive feedback from you on the book, and what insights you picked up from it. To your success, Konrad Bobilak, Click HERE To book your complementary 90 minute property strategy session with a Property Strategist at Investors Prime Real Estate (Valued at $287).
The Live Real Estate Investing Fast-Track Weekend is a 2 Day interactive event that is designed to teach you the ‘Blue-Print’ of how to build and structure a multi-million-dollar property portfolio from scratch that has the potential to replace your income. This includes a full bus tour, the Due-Diligence and Research Field Trip, putting all your knowledge into real-world action while looking over real life property expert’s shoulder. Consisting of 2 days, over 14 hours of practical ‘How To’ content is delivered by some of Australia’s foremost Real Estate experts and professionals, including Konrad Bobilak and Cameron Fisher just to name a few. On the 1st Day you’ll discover advanced property investing insights so you’ll have specialised knowledge, and confidence knowing how to quickly grow your property portfolio. On the 2nd Day, you’ll do what thousands of other investors would only dream! You’ll be 1 of only 40 others on a luxury bus tour, looking over the shoulder of one of Australia’s best Property educators for this exclusive In-the-trenches property due-diligence and research field trip!
For more information about upcoming Investors Prime Real Estate live events please contact our office on 1300 895 544. Bookings are essential and seats are strictly limited.