THE follow-up to the best-selling Rich Dad, Poor Dad, this book is written as a guide for you to find the financial fast track that best works for you. It is not about getting rich quick. It is about a way of thinking and educating yourself in the direction you want your financial life to go. It is about taking control of your financial life by finding the path that works best for you. It is about choosing the education that you want so you can determine the life you want.
Rich Dad’s Cashflow Quadrant describes the four types of people who make up the world of business and the core value differences between them . It discusses the tools an individual needs to become a successful business owner and investor. Learn about the four CASHFLOW Quadrants and you will understand the important keys to creating wealth. A must for business owners.
The message in this book is that you can build wealth and achieve your financial dreams.
Through their empowering, inspiring stories of people from all walks of life who put their financial lives in order, accumulated a nest egg through saving and investing, and prepared for the future, they provide a step-by-step program for mastering the financial system in which we live:
- Getting control of your money and saving on a regular basis.
- Eliminating debt and maintaining good credit.
- Growing your money through prudent investments.
- Using the internet to manage your personal finances and obtain information about products and services so that you can buy them at the best available price.
- Preparing for major life events such as retirement, sending your children to college and providing for elderly and disabled family members.
The financial self-help program found in It’s About the Money will help everyone participate fully on the financial engine that drives the country. It will show you how to get access to capital and then increase and keep it and build a better life for yourself and your family.
from the book jacket:
“IMAGINE A LIFESTYLE OF PERSONAL FREEDOM WITHIN 5 YEARS!”
Exhausted at the end of every week? Can’t quit working? Don’t have enough time for the important things you want to do in life?
If you answered YES, then you probably spend too much time in the daily grind of a full-time job! In The Intrepid Way, the formula for Personal Freedom is:
Personal Freedom = Monetary Freedom + Time Freedom
This book by Matthew Chan is about creating a lifestyle of both monetary and time freedom for yourself; allowing you to escape the daily grind of a full-time job! You say that this is impossible? No, it is not! The author did it in three years … starting from a zero income!
You will learn the philosophy of living and working The Intrepid Way. This thought-provoking book will disturb you and challenge your core beliefs about time, money, and life.
“WHAT YOUR PARENTS NEVER TAUGHT YOU ABOUT LIFE AND MONEY!”
You will learn:
- Why the path of Entrepreneurship is the key to your personal freedom!
- Why perpetual wealth, not riches, will provide you financial security!
- How to create streaming income so you can stop working!
- How to build income layers that will achieve the lifestyle you want!
- How you can redesign your life to have a 10-hour work week!
- How you can “retire” within five years – but won’t, once you get there!
“The Intrepid Way is a book like no other. It is hard-hitting, controversial, and sure to upset the establishment. This lifestyle book is oly for the committed and the courageous … not for the hesitant or the timid”
Matthew Chan explains how to use a lease-option strategy for creating income from real estate. Practical, detailed, and easy to follow, this worthwhile new book will lead you through the fundamentals of lease-options, researching your market, how to select and buy properties. It will show you how to market to and find the right tenants, then run the system dealing with problems that arise.
Includes sample documents and rules and guidelines.
Although written for the US market, much of the information and approach in this book is valuable and relevant to investors in NZ/Australia.
from the book cover…
“Imagine a Solid Investment Portfolio Without Being in the Stock Market!” Since the Tech Stocks Crash of 2000, trillions of dollars of investor wealth disappeared from existence. Investors throughtout the world saw their investment portfolios and retirement accounts crushed by their holdings of stocks and mutual funds. Simultaneously, investors of residential property continued to see their real estate portfolio appreciate and generate steady returns. Because of the financial devastation, investors have changed their investment priorities. Speculation and Volatility are Out. Safe and Steady Returns are In. If you watched your stock portfolio get crushed and want to invest differently, this book will show you ANOTHER WAY! Through the simple acquisition of small houses, safe and steady returns can be generated with the Lease-Options strategy. You will learn the ‘TurnKey Investing’ philosophy of building, investing and managing your real estate portfolio with Lease-Options. WHAT FINANCIAL ADVISORS WILL NEVER TELL YOU You will learn how to: Use Lease-Options to simply and safely build your portfolio! How to generate steady, spendable cash flow through Lease-Options! Find the right real estate market to safely invest in! Profitably manage properties without ongoing maintenance expenses! Find the right Management Team to build and guard your portfolio! Invest in the Lease-Options Strategy without owning property! TurnKey Investing with Lease-Options is an investment book like no other. It goes against what the traditional financial community sells and sure to upset the establishment. This book is only for independent-minded investors who want to take control of thier investments… not for the conventional “follow the herd” speculator of Wall Street.
HIGH PROFILE investor, property expert and author Olly Newland’s best-selling book The Rascal’s Guide to Real Estate has been UPDATED AND EXPANDED in this THIRD EDITION.
An instant best seller when first published, The Rascal’s Guide to Real Estate is a streetwise handbook for today’s New Zealand property investors. Veteran investor and advisor Olly Newland delivers a comprehensive, up-to-date, credible, no-holds-barred how-to manual for the serious NZ investor or home buyer.
Olly is one of this country’s foremost property investors with more than 50 years experience in the property market (during booms and busts). The Rascal’s Guide to Real Estate is a valuable resource for TODAY’s investors and home owners, providing sound, tested advice — as well as a rollicking good read!
This comprehensive, well-organised manual covers important information vital to succeed in residential and commercial property investing. Olly shares tips, techniques and tricks of the trade to help his readers succeed as an investors in the sometimes cut-throat world of real estate.
Introduction: To start, first you have to stop
Know the difference between speculating and investing
Multiplicity is a good thing
Always look for Blue Sky deals
Real estate agents: the good, the bad, and the indifferent
Documentation: The paper war
Negotiating the deal
Get a good lawyer (and a psychiatrist!)
Take the time for Due Diligence
Falling in love can be expensive
Don’t get too friendly with your tenants
Pest control: owning flats
Be ever vigilant
Selling on low deposit: rent-to-buy or ‘Wrap’ deals
Commercial & Industrial
Doing up houses for fun and profit
Don’t believe everything you see or hear
Tax and the investor
… and more! AVAILABLE NOW. Order from Empower Education.
The NZ Property Market turns again — LIVE Recording of this Update for investors
Westpac Chief Economist Dominick Stephens and specialist property accountant Mark Withers share insights, information, advice — and their outlook for the NZ economy and property market.
What are the risks and opportunities ahead?
A no-nonsense briefing session for investors with Westpac chief economist Dominick Stephens and expert property accountant & investing strategist Mark Withers.
DOMINICK STEPHENS Westpac Chief Economist. Through years of research, Dominick has identified and focuses on the real drivers of the housing market (taxation, interest rates, inflation etc). He showed that property investors who kept investing in rental houses during the last big boom, ignoring the warnings, were right. Having worked in forecasting and interest rate decisions at the Reserve Bank of NZ, Dominick understands the jargon and the mindset, but he is a plain-talking, entertaining, and easy-to-understand speaker.
MARK WITHERS specialist property accountant, partner in Withers Tsang & Co. and author of Property Tax – A New Zealand Investor’s Guide and audio programmes: The 7 Key Traits of Successful Property Investors. NZ’s had wholesale changes to its tax rules, and Mark’s expertise at the coal-face is invaluable. So is his willingness to explain the practical impact of recent developments, and some predicted — on investors and owners who want to improve property.
- What’s driving New Zealand’s housing market at present?
- Is it a tale of two markets? (i.e Akl & Chch vs the rest?)
- What effect will LVR restrictions have on the market?
- Are they here to stay? Is the Reserve Bank thinking twice? Or considering exemptions?
- The OCR is picked to start rising early next year — how far will it go? And what will determine that?
- How will a rise in interest rates affect house prices?
- Inflation is rising — and predictions of more around the corner. How will that embolden the Reserve Bank?
- Mortgage interest rates: Is ‘Fix now!’ still good advice?
- How does the mix of fixed or floating mortgages effect the market’s sensitivity to OCR moves?
- Is a predicted ‘slowdown’ still on the cards? (Westpac forecast real house price declines ‘later this decade’.)
- Where is the high NZ dollar headed?
- Foreign buyers — any real effect on the NZ market?
- Westpac picks slower economic growth 2015-2020.
- Canterbury rebuild and period of intense house price growth — these are temporary factors. What’s next?
- What tax options do landlords with newly ‘profitable’ rental properties have?
- What are the implications and factors to consider when selling a rental property (say, with lots of accumulated depreciation)? How should an investor time these decisions?
- Tips and traps in the new tax environment: What’s catching investors out right now?
- Dealing with repairs vs. improvements.
- We’re used to seeing changing tax policy driving investment decisions… What’s on the table or being discussed with IRD/Treasury now?
- What’s the effect of the new mixed-use rules on rental baches (Is casual renting/tax deductibility a thing of the past now?)
- Life without depreciation allowances
- Up-to-date advice for financing rental property now?
- How are the Look Through Company arrangements working out compared to LAQCs they replaced?
This audio programme consists of LIVE recordings of the two speakers’ presentations at the the OUTLOOK event (held in Auckland at the end of last year) and a copy of the Course Notes booklet given to participants of the event.
Order now for immediate delivery once your payment is processed. You will receive download links by email.