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Synopsis

Real Estate Property Strategists Michael Kelly and Michael Fenech expose the commonly held myths in real estate that do not create real financial freedom. Instead, these myths cause hundreds of thousands of people to lose money when investing in real estate every year. We give you the REAL TRUTH about real estate and what investment strategy really works when investing to build real financial freedom. The Real Estate myths we expose are: Capital Growth is King? No its not! What makes a property grow in value and how do I maximise my capital growth potential? We will show you. Negative Gearing is great. No its not! The majority of real estate investors are using a strategy designed to lose money from day one, forcing them to work harder and longer just to make ends meet. We show you the truth about this strategy. Diversification is the best investment strategy. No its not! Why take uneducated risks when you can create a sausage machine that puts money into your pocket weekly and gives you more time and real security. Renting is dead money. No its not! We show you how it is only dead money for the banks. The secret is that renting is for the rich, not just for the poor or middle class. Your home is an asset. No its not! It is on the banks balance sheets but not on yours - we will show you why and how to make money like the banks do with a proven property strategy. We will show you how to own a property for FREE. Thats right for FREE, every 4 to 5 years without investing ANY of your own money. About the Authors: Michael Fenech: Michaels introduction into the property market was through his Father from a young age. Michael would go along with his father to various auctions and watch his dad bid to buy property. Michael entered the property market himself in 1998. From there he developed a thirst to learn about and implement many different types of property strategies, from vendor financing, options and creating second mortgages just to name a few. Through his first hand experience with property, it became quite obvious that there was only one way to make money out of property. Growing up, Michael saw first hand how buying property using this strategy allowed his parents to become financially free through passive income, and you will see that he continues this tradition in this book. Together with his business partner he has developed a reputation for helping people with their property investing. From creating a strategy for a client, to negotiating a purchase, Michael can impart the right knowledge to his clients about what truly works when looking to build wealth in property. Michael currently lives in Sydneys Eastern Suburbs with his beautiful wife Rebecca and their two gorgeous children, Olivia and Molly. Michael Kelly: Michael was the Project Manager on many construction sites such as New Parliament House, The Australian Defence Force Academy and the Defence Signal Directorate Facility being responsible for teams of workers who relied on his expertise and leadership skills. In 1995 Michael was selected to join the Fire Brigade from thousands of applicants (only 20 were selected) and moved to Sydney after an intense 6 months of training. Whilst at the Fire Brigade, Michael studied many books on investing in real estate. He wanted to start building wealth and realised that the 100 hours a week he was working was just him trading hours for pay and that he needed to develop a passive income if he wanted to actually enjoy more that life had to offer. Michael began investing in property in 1997 and has completed many different types of transactions including vendor financing, buying off the plan, renovating and flipping property. Many of Michaels friends saw how good he was at this and asked him to help them buy property. Michaels experiences over the past 12 years in property gives him an in depth knowledge of what works and more importantly what doesnt work. He has written this book with his business partner to help people understand that its not about how many properties they own but about generating positive cash flow and passive income so that they can replace their earned income to be able to choose what we all want, time to do what we want, when we want.

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