The Armchair Guide to Property Investing
How to Retire on $2,000 a Week
Ben Kingsley & Bryce Holdaway
This book can be downloaded and read in iBooks on your Mac or iOS device.
The Armchair Guide to Property Investing gives readers a full toolkit to become successful property investors. It includes 18 proven investment strategies and insightful case studies of six very different investors who all build portfolios which will deliver $2,000 a week in retirement income! And you'll only need to spend 10 hours per property a year managing your portfolio when you have everything in place.
Ben and Bryce are both property investors themselves and the hosts of Australia's No.1 Property Investment Podcast - The Property Couch.
'As regular contributors to Australia's most read and sold personal finance magazine these boys know property. Smart strategies designed to safely build wealth through real estate.' - Effie Zahos, Editor, Money magazine
'...a sensible and achievable approach to successful property investing. It teaches investors how to buy the very best properties to achieve their financial goals without taking unnecessary risks. It's a must-read for anyone serious about enjoying the long-term benefits of property investment.' - Nicola McDougall, Editor, Australian Property Investor magazine
'...full of practical tips and written in a way that even a total newbie would understand. If you want to get no-nonsense, independent advice on how to invest in property, then this book is essential reading.' - Nila Sweeney, Managing Editor, Your Investment Property magazine
Wow! "Investment Grade" versus "Investment Stock" - the key differential in successful property inve
Completed your book over Christmas and what a great read! Really enjoyed it - packed with so much insight and practical wisdom into the property investment journey. In fact, I’d put this book alongside Robert Kiyosaki’s “Rich Dad, Poor Dad” as one of the best books on property investing I’ve read. Fantastic!
What I like most about it is that it seems to strike a balance between the article Bryce wrote in 2013 which was chasing $2500 per week in retirement income, vs his article in 2015 which was chasing $55K per year (roughly $1057 per week), and particularly that $2000 a week could be achievable with just 3-4 properties. Obviously, that would only be possible with very good capital growth and yields over time to retirement, but I guess that’s why one invests in a decent buyer’s agent!
One of the best take aways I found with the book is the “investment grade” vs “investment stock” differential. I believe this must be the key to making a wise property decision, and that every asset selection is critical for the model to work, hence finding that investment grade asset in the right location is paramount. I think this is what has been missing from our previous forays into property investment.
Thank you for taking time out of your very busy schedules to write this down to earth, and very helpful guide for the everyday property investor. I really hope it does extremely well, and that Empower Wealth goes from strength to strength during 2016. All the very best!
B&L - Brisbane.
I have read the likes of Lomas, Yardney, McKnight, Wargent, etc. and would recommend this book be read first. It contains a level of substance, specific to strategy, that is withheld by all the other authors. The book is well written, easy to comprehend and applicable to today's beginning investor.