Engines of Wealth

PHILIP KINGISBN: 9781925732542

Commercial Retail Shops

Price:
Sale price$26.95
Stock:
In stock, 33 units

By Phillip King
Imprint: PHILIP KING
Release Date:
Format:
PAPERBACK
Dimensions:
229 x 152 mm
Weight:
400 g
Pages:
223

Description

I have lived in Cronulla in New South Wales for the past 3 years with my wife and three children. I am 53 years old and have enjoyed a dynamic career in sales that has fuelled my passion for property investment.



When my interest in building wealth began I was just starting in sales management at IBM Australia.   I find sales an exciting career and one that stimulates my desire to engage with clients and pursue a deal that delivers a benefit to both parties.  I began investing in property and to be honest I’ve never really stopped and have always had an eye out for my next investment deal.



During my employment I established an office Investment Club and ran a monthly “lunch and learn” session to discuss property with like-minded people. In the early years I invested in negatively geared residential property and as I detail in my book Engines of Wealth, I switched to positively geared commercial retails shops and have never looked back!



For over 15 years I coached over 100 up-and-coming investors on the strategies I employed to create wealth. As I built a detailed knowledge of commercial property investment I was amazed by how little was published that explains this attractive investment option.  Therefore I was compelled to document my experiences and share the power of this asset class.



After 30 years investing in property, my partners and I have accumulated over 51 retail shops and offices. More importantly, I have created a positively geared income stream that will continue to fuel my families’ needs long after I’m gone.  I am proud to have produced this book as a reference manual for others on how I created long lasting wealth.   


1                      Your Investment Choices                                                 Page   1



2                      Residential Versus Commercial Property                    Page   19



3                      Redefining the Australian Dream                                  Page   41



4                      Ride the Outward Spiral to Wealth                               Page   59



5                      Propagate and Secure Independence                          Page   85



6                      Characteristics of a Great Retail Investment              Page   93



7                      Finding Your Commercial Property                               Page   121



8                      Making Your Offer                                                             Page   149



9                      Due Diligence and Settlement                                        Page   171



10                   Operational Control                                                          Page   195


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