The reality is that you will need the assistance of others to achieve many of your desired goals in life.  It is important that you are able to identify what your strengths and weaknesses are and recognise where you need to bring in specialists. Being successful in investing requires a lot of different skills.  It is not possible for you to be good at every required skill.  But that is OK.  What you need around you is a team of people that together bring all the essential skills. Many specialists play a role in investing and if you do not have the skills and knowledge [...] Read more »

Surrounding yourself with a team of professionals with the validated experience and knowledge to help you achieve your goals, is critical if you want to be a successful property investor.  One of the professionals you will need on your team is an Accountant. Here is what I look for in a good Accountant. 1.  Someone who provides advice. I see an Accountant as a professional with extensive current knowledge in his/her area of expertise.  I expect them to provide me advice.  This may sound obvious, however my experience has told me that some Accountants only provide information when you ask a question.  I don’t know [...] Read more »

For many years, I had a goal to become financially independent.  I certainly believed it was possible, as many people had achieved financial independence in this world.  I felt that property investing was the vehicle to achieve this. I had calculated that the rent I would receive from owning five properties outright, would replace my income and I would no longer need to work.  I also realised holding a portfolio of five good properties would create substantial wealth over time. The goal was written … just needed to work out a strategy on how to own five properties outright. Here’s the condensed version of what [...] Read more »