Can you imagine what life was like as a bankrupt?
It was hard, but it was the best thing that happened to me.
Don’t believe me?
Let me share with you why…
The Young Life
After graduating with an O’Level Certificate at 17, I went straight to work. I took odd jobs and saved all my money. Then, I went on to start a perfume business with my friends, using $2000 that I saved from working.
“This is going to make me rich!”
Or so I thought.
Sadly, my friends and I were cheated. Someone ran away with all our money and products. All of our hard-earned money, gone!
The next phase in my young life was 7 years in the armed forces as a regular and 11 good years in the insurance industry. (I earned quite a bit in the insurance industry)
Through this period of time, I realized one thing; I will not be rich working for people.
The Brave Soul
I decided to start my own business.
“I won’t get cheated this time.”
So in 1996, at the age of 36, I started my own business, a holiday resort business.
This time, I was determined to make this business a success, determined to be rich!
I decided not to take a salary until the company makes money. This was to show the investors that I was serious in making this business a success.
Unfortunately, the expenses were much higher than the revenue. In order to sustain the business and my living expenses, I took on bank and credit card loans.
After a year of zero income, the money I owed to the banks grew too large for me to repay. I had no choice but to join the exclusive Bankrupt Club…
The Bankrupt Club
In 1997, at the age of 37, I became a bankrupt.
I had officially lost all my money. Back to square one.
I had spent 20 years of my life trying to be rich but was made poorer than when I started.
“Was I destined to be poor all my life?”
The worse thing about being bankrupt is the feeling of being ignored and abandoned by everyone, including my loved ones.
Personally, I don’t mind being bankrupt. It’s a fresh start financially. However, the only thing that pains me the most is that I made my beloved wife bankrupt. As she was the guarantor, she was made bankrupt together with me.
She was very upset. She does not deserve to suffer for the mistakes I made. That’s why I didn’t blame her when she decided to leave me. Now, it’s just my 3 kids and I.
Path Towards A Better Life
I was not alone in the Bankrupt Club. There were many people who were once bankrupt and now live comfortable lives.
“If they can do it, why can’t I?”
I found out that most of them went to personal development courses. Therefore, I decided to follow suit. I went to many personal development courses. I also read books like ‘Rich Dad, Poor Dad’ to learn more about money management and finance.
In 3 years, I was discharged from my bankruptcy. 6 years later, my main debts were cleared. Life was starting to get better for my family and I.
The Huge Turning Point
Ever since I was bankrupt, I attended a lot of seminars. One of which, is property investing. The seminar taught us how we can buy properties with “no money down”.
“Hmm… this is interesting! How this be done in Asia?”
Soon, I started searching on how I could do this. Sure enough, I was right.
In fact, there was not just one way but also many ways to do so. I started acting on what I know and that’s when my property portfolio grew.
The Growth Of An Empire
It feels good to keep receiving rental without needing to do much.
That is what owning multiple properties in Indonesia and other parts of the world did for me!
It is the freedom of not needing to worry about finances!
I would advise to read carefully what I’m about to share. Read the following powerful secrets that most people do not know about…
The price for a 3-room condo used to be only about US$10,000 in the 60s and 70s. Now, you can’t buy a 3-room condo unit even with US$500,000 in a prime location!
Prices are only going to go up with a limited land space. Imagine what it will be like to own a US$500,000 condo…and being able to sell it for a US$1 million a few years later. Ain’t that awesome!
This is one of the safest investments in my opinion. To me, if I can see, touch, lick and walk around in my investments, it’s quite safe. It probably would not disappear when I wake up the next day.
Not only that, the prices will not fluctuate too much as the government will make sure that the prices are affordable enough for its citizens.
Physical “Product”. Check
Government Assistance. Check
To me, it can’t be any safer than that.
Little Or No Money Needed
What’s the best thing about this discovery?
It’s the ability to buy properties with absolutely “no money down”.
Zero. Zilch. Nothing.
Imagine this. Imagine paying $0 for a one-room condo. Then renting this one-room condo out for, let’s say, US$200/month. Doing the math, that’s US$200 every month for something that we got essentially for “FREE”!
Now do you know why I love property investing?
However, that’s not all. If the price of the property increases, we will be able to sell this one-room condo!
Are we destined for this?
Let me be a bearer of bad news.
Property investing is not for everyone (yes I said it). Not everyone will succeed in property investing. It is the truth that most others don’t tell people. I do not want anyone to waste their time and money.
Don’t get me wrong. Anyone might still be able to succeed with property investing…just not the way I do it (the little money down way).
Now that this is clear, let’s begin to see if we can do this.
Is it believable that we can own properties with little to no money down?
Are we willing to spend little money to no money in order to own properties that are potentially worth $1 million?
Are we able to follow instructions perfectly? (If I say A, we do A)
If the answers to the above questions are “yes”, congratulations!
This will be doable!
We will be able to own properties with little to no money down.
Want to learn how to do this?
And start building a personal property portfolio!
I will share my “secret” discovery at my FREE property investment seminar.