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Overview
Price (AUD $): 29.95
Description
How to Grow a Multi-Million Dollar Property Portfolio - in your spare time - Michael Yardney
This book became a BEST SELLER in less than 3 months and is highly acclaimed by readers. It is written both for beginners as well as advanced property investors and explains how our next property boom will be Australia's biggest property boom and possibly our last big boom.
This is supported by strong demographic evidence that also highlights our next major growth regions.
The author details the most important things investors must know to take advantage of the next property boom. For advanced investors there are chapters on:
- tax loopholes,
- finance strategies,
- negotiation,
- dealing with agents,
- auctions,
- renovations and
- an extraordinary section on living off the increasing equity of your Multi Million Dollar Property Portfolio.
Whether you're a beginning investor or seasoned pro with multiple properties in your portfolio, you must read this book to ensure you don't miss out on the historic wealth-building opportunities which will occur during the next great Australian property boom.
In this book, which comes complete with insider tips that the author has learned from his years in the property industry, Michael Yardney reveals:
- 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 pocket
- Lessons from past property cycles that will ensure you reap the benefits of the coming great property boom
- How to get the banks to say 'yes' to more of your deals
- Advanced strategies such as the 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
Contents: Introduction: Let Me Be Your Millionaire Mentor
PART 1 - What Are We Trying To Achieve?
- Who is Michael Yardney?
- What is real wealth?
- Why invest in residential real estate?
- How leverage can make molehills into mountains
- Do you have the courage to be rich?
PART 2 - The Next Big Boom
- Investing for capital growth - not cash flow
- A lot can happen in 10 years
- Watching people patterns (The Study of Demographics)
PART 3 - Choosing When, Where and What To Buy
- The crowd is always a day late (Understanding timing)
- Counter-cyclic investing
- Location, location, location (Choosing a place to start)
- Establishing your comfort zone (How to limit legwork)
- The types of property available
- The (until now) unwritten rules for selecting properties
PART 4 - Agents, Auctions and Negotiations
- Taming the tiger (Dealing with Real Estate Agents)
- Weekend warriors and property auctions
- At the negotiating table - The rules of engagement
- Temporary insanity (The emotions of buying and selling, and how to master them)
PART 5 - Number Crunching and Advanced Strategies
- The tax advantages of residential property
- Hidden surprises (And how to protect yourself from them)
- Banks and the secrets to borrowing
- Valuations and refinancing
- Live the life of a property multi-millionaire
- Adding value through renovations and makeovers
- Property management (Don�t let your properties manage you!)
PART 6 - So What's Next?
- What's next?
An excellent opportunity to achieve my goals
"I'm just starting out in property. This book has given me an excellent opportunity to achieve my goals, without having to make the major mistakes that the property greats have before me.......
Spencer Ferreira