Smashed Avocado

Smashed Avocado
How I cracked the property market and you can too
Nicole Haddow

If you think getting into the property market is out of your reach this book is for you.

Journalist Nicole Haddow takes us through the steps she took to get her first property.  At thirty, she found herself with credit card debt and unstable income.  Within only two years, she turned her financial circumstances around to purchase her first property.

For anyone thinking that the property dream is out of reach, think again.  Nicole did it on a single income in two years.

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Extraordinary Property Investing

Extraordinary Property Investing
How an ordinary Bank Teller acquired 151 properties in less than 10 years
Felicity Heffernan

This book is not for beginner property investors. As Heffernan explains in the first couple of chapters she was trained in America by property investor John Burley.

She uses a complex cash flow strategy called vendor finance. The basic principle is you find someone who has the money to pay a mortgage but no deposit. You take out a mortgage on the property and then rent it out to the client at a much higher rate. You agree on a price and time in the future when the client will take over the loan. This is not a common strategy and requires you to have special contracts draw up by a solicitor, as well as find a bank that will accept the terms. You want to know what you’re getting yourself into. Certainly not for the faint hearted.

For beginners there is no harm in learning about advanced strategies and she has a good section on debt elimination strategies. I also found value in the final chapters on investment mindset.

Maximum Returns, Minimum Concerns

Maximum Returns, Minimum Concerns
A Guide to Successful Property Investing
Tanja Kraus

There is no one right or wrong way to be a property investor. There a many different strategies that work.

Kraus an experienced investor, in Australia, covers many aspects about investing in property. Her section on how to research where to buy is not very detailed but it gives an overview you certainly need to be aware of.  She has good information about managing the property after it is tenanted and how to attract and keep good tenants. For this section alone the book is worth a read. She also covers different investment options such as commercial property and holiday rentals.

How to Achieve Property Success

How to Achieve Property Success
Margaret Lomas

Lomas is an experience property investor with more than 24 years experience in the industry. In addition to being the author of 9 property investment books she is also a television host, a director of Property Investment Professional of Australia and runs her own company. When it comes to property she knows her stuff. This book has three parts: Starting Out- The Basic, Investing Fundamentals and The Advanced Investor. Lomas covers a lot of ground in this book. I would recommend this book if you want to learn more about property investing.

59 Biggest Mistakes made by Property Investors

59 Biggest Mistakes made by Property Investors
And how to avoid them
Helen Colier-Kogtevs 

This book is simple and straightforward. In five parts: Planning, Financials, Purchasing, Property management and What are you thinking? Colier-Kogtevs outlines 59 mistakes investors make and then she presents a solution to the problem. If you are interested in investing in property this book exposes you to a lot of concepts, topics, and issues property investors face that you probably don’t even know you don’t know. I also like Colier-Kogtevs voice. She is quite sassy and blunt, attributes I personally find endearing.

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