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Book details
  • SubGenre:Real Estate / General
  • Language:English
  • Series title:Prowealth Wealth Coaching
  • Series Number:1
  • Pages:164
  • eBook ISBN:9781617927928

Discover the 10 Secrets of Professional Property Investors

Solving the property investment puzzle for everyday people

by Daniel Goodwin

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Professional Property Investors think differently. They understand the rules of the game, and know how to use them to their advantage. Covering basic to advanced strategies, you too can achieve the results that professional property investors enjoy. Written for the Australian residential property market.
Do you realise by the time you are 65 there will be a - 45% Chance You’ll depend on family for financial help. 28% Possibility You’ll rely on a pension. 22% Likelihood You’ll still be working. 4% Probability You’ll only meet your basic needs. 1% Chance You’ll be financially independent. The odds are not in your favour! - until now. Inside you’ll learn - •The strategy behind choosing property as an asset class. •The difference between positive geared, cash positive and negative geared property strategies. •LMI, LVR, DSR, how these three letter acronyms can affect your property investing goals. •The biggest mistake property investors make by leaving all their loans with one lender. •How a Line of Credit can pay for your property. •The new laws that enable you to purchase a property with your Superannuation. •The best tax structures to purchase your investment property.
About the author
Daniel Goodwin is the managing Director of Prowealth Investments, and a Director Prowealth Money and Prowealth Financial Planning. He is also a Licensed Real Estate agent and holds a degree in Business from the University of Newcastle. At 31 years of age, he has bought, traded and held just over 1.7 million in residential property in the past 5 years and he hasn’t stopped. Daniel previously owned two Century 21 franchise offices at Terrigal and Erina on the NSW Central Coast and was awarded Century 21 New South Wales Rookie of the Year in 2004. This added to an already impressive list of awards including the Century 21 Masters Club, Auction Golden Gavel, Platinum Sales award and his Terrigal Office was a finalist in the Central Coast Business Awards for ‘Best Real Estate Office 2004’. This solid real estate background means Daniel can provide all the answers when it comes to residential property investing. Foreseeing the need to bring all aspects of property investment ‘in house’, he formed specialised investment property finance company called Prowealth Money in 2007 with fellow Directors and contributing writers Len Goodwin and Matt Woodards. In 2008, after researching effective tax structures for wealth building, he also brought tax and asset protection services ‘in house’ with the formation of the Prowealth Accounting division, headed by contributing writer Steven Paul. “To be a successful investor, you need to surround yourself with the most knowledgeable and skilled people. Hence the reason to bring finance and accounting services in house – I want to make sure our clients receive the right advice on these crucial areas of investing”. Daniel has also appeared in ‘Your Investment Property’ Magazine on the important issue of cross securitisation of loans and has been interviewed on Central Coast radio station 2GO about the new laws relating to self managed super funds. He also records and produces the entire range of audio CD’s, DVD’s and software for Prowealth’s educational products. As an avid property investor, Daniel actually follows his own advice (something that can be rare in this industry) and is happy to share his stories with his clients. Daniel also speaks and presents at all Prowealth Investments’ seminars.