Zamykal - The Investment Property Plan : the 5 Steps to Becoming Rich Through Property

The Investment Property Plan

The 5 steps to becoming richthrough property

Proudlyself-published in Australia by: Stephen Zamykal

Email:stephen.zamykal@australianpropertyclub.com.au

Twitter: www.twitter.com/auspropertyclub

Facebook: www.facebook.com/australianpropertyclub

LinkedIn:au.linkedin.com/pub/stephen-zamykal/2/299/380

YouTube:www.youtube.com/auspropertyclub

www.theinvestmentpropertyplan.com.au

Stephen Zamykal 2013

All rights reserved. No part of thispublication may be reproduced, stored in a retrieval system, or transmitted inany form or by means, electronic, mechanical, photocopying, recording orotherwise, without the prior written permission of the publisher. Internalphotos and content remains the property of their original owners and is usedwith their permission.

Cover Design by: Natalie Jarvis Design

Typesetting by: Susan Cooper, SweetlipGraphic Design

Edited by: Matt Davies

Proudly printed in Australia by:Vivienne Kane, Minute Man Press, Prahran

Disclaimer

The content of this publication is ofa general nature only, and is in no way intended to replace professionaladvice. It is not intended to provide specific guidance nor cover particularcircumstances, and should not be used as the basis of any decision to take ornot take action on the matters that it covers. Readers should always obtainprofessional advice specific to their current situation before making anydecisions to take or not take action.

To the full extent permitted by law,the authors and publisher disclaim all liability and responsibility to anyperson or persons, arising directly or indirectly from taking or not takingaction based upon the matters covered in this publication. The information andopinions provided in this publication are solely those of the author, and donot necessarily represent the views of any businesses mentioned in this book.

Contents

Froma young age Stephen Zamykal had a fascination with numbers. This fascinationled him to planning a career as an actuary a professor of statistics.

Butwhen he finished high school Stephens life moved in another direction. He wasdrafted by Essendon to play AFL football, so he put his career in statistics onhold while spending five years with Essendon and North Melbourne.

Withhis footy career over, Stephen took off overseas for four years. After that hefound himself back in Melbourne. He was 30 years old and broke, with only abackpack of clothes and no other assets to his name. Then there was the $8000credit card debt and the fact that he didnt have a job.

Onlyknowing that he wanted his own business preferably something to do withnumbers Stephen became a partner in a mortgage broking company. Over 13years, he went on to grow the company to be one of the top five businesses ofits kind in Australia. In 2012 the business stood with well over half a billiondollars in loans under management, which positioned the business in the top oneper cent in the mortgage industry.

Inaddition to his highly awarded mortgage broking business Stephen is now apartner in a financial planning company, Your Money Manager, and a partner in aproperty buyer advocacy consultancy and a property management business,National Property Buyers. He is passionate about property and has built amultimillion-dollar portfolio based on the concepts presented in this book. Heis also the co-author of Property Rich , which saw him featured on Channel7s TheMorning Show as a special guest.

Havingbuilt his business interests and property portfolio, Stephen consideredretiring on his 40th birthday. He chose not to, instead embarking on a newcalling to teach others how they, too, can achieve financial freedom.

In2012 Stephen set up the Australian Property Club (APC) to support propertyinvestors on their journey. APC has developed a unique financial program thatspecialises in helping people build and implement a life plan to make theirmoney last a lifetime. For more information visit www.australianpropertyclub.com.au.

Writingmy second book has come to fruition with the help of a great team of so manypeople. A huge thank you to the Key Person of Influence group, which has thestructure and support system in place to make the book writing journey assmooth as possible. A special mention to Kylie Bartlett, who has become a keyfigure in helping me build a solid social media and marketing strategy so I canconnect with more people than ever.

Abig thank you goes to Matt Davies whose attention to detail and editing skillsare first class. To Natalie Stuart for the design work, along with Susan Cooperand Vivienne Kane, who played a vital role in making the book look as good asit does.

Tomy many clients and colleagues whose thirst for knowledge has inspired me toproduce this book. Paul Rowe, thank you for your time and input.

Tomy business partners, Ashley Koenig and Cameron Price, who have been sosupportive, along with the excellent team we have working at Mortgage Choice. Aspecial mention to Shannon Adorna, whose input was invaluable.

Abig thank you to Joe Virgona, my valued business partner in our financialplanning business Your Money Manager, for providing some of the financialplanning information Ive used in the book.

Tothe team at National Property Buyers for all the valuable input, with specialmentions to Antony Bucello, Robert Di Vita, Catherine Cashmore and StephenMcGee.

Ihave also been fortunate enough to obtain vital information from Robert Toole,director of Real Property Matters, and Glen DCruz, owner of Delta Accounting.

ToIan Brown, I thank you for the opportunity to enter the mortgage brokingindustry 13 years ago. Thank you to my mum, Christine, for instilling herpositive outlook on life, making anything seem achievable. To my dad, forgiving me a mathematical edge through teaching me about numbers and problemsolving, which I am now so passionate about. Also, to my wife, Sarah, for beingso understanding and supportive throughout the whole journey.

Lastly,thank you to anyone who has purchased this book and for realising theimportance of investing in your financial wellbeing.

Mostpeople have no financial plan. In fact, many dont even understand theircurrent financial situation. As a mortgage broker for the past 13 years, Iveknown that for a while. When I conducted a survey for this book to find howknowledgeable people are when it comes to their own finances, I was shocked bythe outcome. I sent the online survey to a wide range of people Im affiliatedwith staff in my office, business associates, clients, friends and family. Iasked about how much money they have in superannuation and what impact theglobal financial crisis has had on their super accounts. Most people had no idea.Whats more, Ive found that most people dont even know what interest ratethey are paying for their home loan!

Doyou?

Hardlyanyone I surveyed has ever sat down to document their financial future. Mostpeople have vague ideas Iwant to pay off my loan home within the next five years... I want to saveenough to send my kids to private school I want to buy an investment propertysometime in the future but ideas are useless. Agreat idea for the next best-selling novel holds no value unless you write andpublish the book. A plan to start a business selling online video cookingclasses is fantastic, but unless you pull the camera out and start uploadingvideos, you will never make any money.

After13 years of speaking with people about their finances, and in particular aboutpurchasing investment properties, Ive realised there are five key issues thatkeep cropping up: