I Knew Nothing About Property Investing In 2006
Only 2 years ago, I knew nothing about property investing. I thought it was too late for me to grow a property portfolio as I am close to retirement age!
How I Met Ian
What happened was that I listened to a speaker at a property seminar back in December 2006. Not one of those sales pitch speakers, but a genuine person, Ian Hosking-Richards from Rocket Property Group, who had successfully built a portfolio and who was now helping others do the same thing. Listening to his story and about some of the basics of investing, it was like a million lightbulbs came on in my head at once.
I finally understood about the leverage, about good debt and bad debt, about the very generous tax treatment for investors, how to use equity and much much more. I suddenly realised how easy it was to start investing when you have the right information, the right mindset and the right support.
One week later my husband & I bought our first property.
How I Started Helping Others Invest In Property
Soon after, I decided to change careers. Well actually I got a bit of a push and was made redundant.
What I decided to do was real estate training so I could learn more about the property market, now that I was an investor.
Then an even funnier thing happened.
I bumped into the property speaker Ian again! I told him I was thinking of training in real estate and why.
You will not believe it, but he said when I finished training I could maybe come and work for him at Rocket Property
You guessed it ,after completing my Real Estate Registration, on 1 June 2007 , I started working for Ian and Rocket Property.
My New Passion
Now I am doing what is my new passion……..helping other people start into property investing. I love helping them understand that investing in property can be easy.
I understand their hesitation. I know how they feel. I can help fill the gaps in their information and most importantly give them support.
I must admit I was on a a very steep learning curve for the first few months. I read every property magazine on the bookstand, I did research on the internet. But more than anything I picked up a new mindset from being around a successful investor like Ian and listening to him speak at his seminars and with his clients.
That’s what made the difference. That’s why I am more confident. That’s why I can make property decisions when others may only hear the negatives out there in the press.
I have an investor mindset now.
Growing My Portfolio
Over the last 2 years I have built my property portfolio with my husband up to 6 Investment properties. We are well on our way to a financially free retirement. So believe me, it is never too late to start!