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This NEW 5th edition of this bestseller is a must for all property investors as it outlines a formula to build financial freedom in our new economic climate.
This book has become a property investment classic and is on the bookshelf of almost every successful Australian property investor.
It has been written for both beginning and experienced investors and the results have been proven by tens of thousands of Australians who have used the strategies laid out in earlier editions to grow their own Multi-Million-Dollar Property Portfolios.
In this fully updated edition learn...
* Michael's 5 Stranded Strategic Approach to investment that has stood the test of time and changing markets.
* How to achieve real wealth through property investment
* the hidden profit potential most investors miss when buying properties
* How to buy below market value and then add value for instant profit.
* Michael's pyramiding system to buy more properties with no money out of your own pocket
* Lessons from past property cycles that will ensure you reap the benefits of the new property cycle
* How to get the banks to say "yes" to more of your deals
* Advanced strategies such as tax "loopholes" available to property investors, power negotiating tricks and becoming a master at dealing with real estate agents.
* How to achieve the life of a property multi-millionaire living off the increasing equity of your properties.
ABOUT THE AUTHOR:
Michael is one of Australia's leading experts in wealth creation through property.
He was once again voted Australia's leading property educator and mentor and has been voted Australia's leading property investment adviser, is one of Australia's most published property authors and has probably educated more successful property investors than anyone else in Australia. But he is not a theorist...
Michael is a successful property investor and property developer and, as a director of Metropole Property Strategists, his opinions as a property commentator are highly sought after and frequently quoted in the media.
In this edition of this best selling book Michael helps you discover how the rich build their property portfolios to maximize their revenue, safeguard their assets and keep more money in their bank account.
Put simply...you'll be shown How to Grow a Multi-Million Dollar Property Portfolio - in your spare time.
- Sales Rank: #344388 in eBooks
- Published on: 2012-08-30
- Released on: 2012-08-30
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
Fundmantal Property Investment Knowledge
By matt vigus
This book came highly recommended from a friend whom is a successful property investor. Upon his recommendation I read this book cover to cover in just over a day. Although it could be skim read in a few hours. I found it covers the fundamentals of investing in property providing real, actionable, steps for growing a multi-million dollar cash machine. Learning the different levels of investment and comparing that to my situation was sobering and motivational. The four stranded strategic approach rings true based on my experience with property. It also answered my questions of whether to pay down my mortgage or start investing now. I never really understood the final "level 4" investor end game of living off equity and then reducing your LVR to create a cash machine so that helps. In the end I have a realistic understanding of the whole picture and see the need for involving an expert team if you truly want to succeed. Now onto Michael's next book...these books certainly equip you to ponder the pros and cons of having all this debt and assess the wisdom of it and the potential life impacts both good and bad.
0 of 0 people found the following review helpful.
Again Michael did not disappoint us
By Taka Sande
Again Michael did not disappoint us.
This book gives all the details of how to become wealth through real estate investing. He starts with few chapters with the basics for beginners and gets deeper into details with each chapter. The topics are well organised to give a flow to the teachings.
With each chapter the information is thoroughly researched and easily presented in a simplified way.
Although the book is about ‘How to grow a multi-million dollar property portfolio in your spare time,’ it is not guaranteed that after reading it you will make millions. However the advice has been working in my real life.
I recommend this book to those who are planning to get into real estate and also those who want to get the knowledge on how to maximise profits from real estate.
Readers must note that the researches and principles are based on Australian economic environment.
0 of 0 people found the following review helpful.
You can actually do this
By radspec
This book stands out for its easy read well explained and logically argued guide to a careful methodical low risk approach to investment in property. back by proven success and fact. It gives a confidence that an ordinary Australian could actually
do this without hype and get rich schemes.
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