Margaret Lomas - How to Achieve Property Success

Investing in the Right Property Now!, Major Street Publishing 2011

20 Must Ask Questions for Every Property Investor, Wiley 2008

The Truth about Investing in Positive Cash Flow Property, Wiley 2006

Pocket Guide to Investing in Positive Cash Flow Property, Wiley 2004

How to Invest in Managed Funds, Wiley 2002

First published in 2013 by Major Street Publishing Pty Ltd
PO Box 106, Highett, Vic. 3190.
Contact:
Margaret Lomas 2013
The moral rights of the author have been asserted.

National Library of Australia Cataloguing-in-Publication data:

Author:	Lomas, Margaret, author.
Title:	How to achieve property success / Margaret Lomas.
ISBN:	9781742983653 (ePub, Mobi)
Notes:	Includes index.
Subjects:	Real estate investmentAustralia. Real propertyManagement. Real property and taxationAustralia. Rental housingTaxationAustralia. Finance, Personal.
Dewey Number:	332.6324

All rights reserved. Except as permitted under the Australian Copyright Act 1968 (for example, a fair dealing for the purposes of study, research, criticism or review), no part of this book may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without prior written permission. All inquiries should be made to the publisher.

Internal design by Production Works
Cover design by Pipeline Design

Digital edition distributed by

Port Campbell Press

www.portcampbellpress.com.au

Conversion by

The material in this publication is of in the nature of general comment only, and neither purports nor intends to be advice. Readers should not act on the basis of any matter in this publication without considering (and if appropriate taking) professional advice with due regard to their own particular circumstances. The author and publisher expressly disclaim all and any liability to any person, whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication.

NOTE: Earlier versions of the content in this book were published in the following books written by Margaret Lomas and published by John Wiley & Sons Australia, Ltd:

How to Make Your Money Last as Long as You do
How to Create an Income for Life
How to Maximise Your Portfolio.

How to Achieve Property Success replaces these titles that are no longer in print.

Life is at its best when everything has fallen out of place, and you decide that youre going to fight to get them right, not when everything is going your way and everyone is praising you.

THISURI WANNIARACHCHI

To my husband Reuben. Sometimes we go through life looking about us and wondering if we are in the right place. We may do things and take actions which put at risk what we have. Then suddenly, one day we just know that, all along, we are where we are meant to be. That we fit in our spot so seamlessly that we could spend our lives searching and never find a place so perfectly suited to us.

My place with you is that perfect place. You are the rock from which I was carved and into which I belong. You knew that all along, and you waited until I came upon that knowledge on my own, forgiving me for anything and everything.

Theres simply no way I could ever love anyone as much as I love you. In this life, and the next.

My children are now adults and no mother could ever ask for more than the amazing people they have each become. To watch as they go through life respecting others, striving to be the best that they can be and loving each other, and us, so unconditionally is a gift without compare. To be invited to be such a large part of all of their lives is a privilege and my greatest pleasure.

Thank you to each of you for making my life so special. Nothing can touch me as I stay wrapped in your love. Mark, Kristy, Belinda, Michael and Rebecca, I love you all so much it hurts. Partners Nick, Lindsay, Sarah, Emma and Corey, you all enrich our lives and make our family even more special.

My sister Karyn has been a big part of my life lately, helping me with mum and sharing the load. Thank you for being there.

We cant always work with people we would otherwise choose as friends, but in my case I do! The amazing staff at head office make each day at work a pleasure. To my fabulous branch managers Carolyn, Jim, Peter and Chris what can I say your support, dedication and friendship has bolstered me in recent rocky times, and your care for our clients is unparalleled. Carolyn, your calls to me are always perfectly timed and gratefully welcomed.

There are those who support me in ways that I cannot express. Neil Jenman, thank you for being there and for your friendship, which remains steadfast. The wonderful journalists who help me to spread the word. The Property Investment Professionals of Australia board, who are striving to make property investing safer and more controlled. My publisher, Lesley Williams has always remained steadfastly behind me and a true believer of my work since I wrote the very first word. Without Lesley, I doubt I would have had the capacity to reach so many and provide the education that I do. Not all publishers were made equal, and Lesley is truly one of the finest there is.

Finally, to my second family, the Whittakers. Noel and Geraldine, such a privilege to call you both friend, I am always inspired by you whenever we get together. Elizabeth (Biff), I love you like a sister.

Think where mans glory most begins and ends, and say my glory was I had such friends.

WILLIAM BUTLER YEATS

I have to tell you that I have been searching for this type of information for quite a while. It was pure pleasure reading your books, knowing that I had finally found someone who is able to look at property investing from a holistic viewpoint and who has a thorough understanding of the subject. Your ability to communicate this information simply and clearly is commendable and I found I was able to easily follow and understand what you were saying.

My goal has been to have 20 investment properties before retirement and I now know how to achieve this goal, thanks to you. I would just like to say thank you! Thank you so much for putting sanity into the otherwise insane practice of property investing.

KIM AYERS

It all started with your book back in 2001 I have to pinch myself from time to time! I thought it was time that I thanked you for your books, particularly the first one, which got me started.

My wife Rosalie thanks you also. She was very apprehensive about retirement, just couldnt see how we would get by.

She is once again the woman I married. We are both freed from the financial burdens that plague the general populace.When I whistle while I work, people look at me strangely. Is being contented a lost sense?

Thank you and keep up the good work. I promote your books to everyone I come in contact with.