Real Wealth Australia

Hi there, i am currently doing the mentoring program, and it is great. I was looking over a year ago at a few different programs out there and i found Helen to be the most honest and down to earth of the people advertising these style of programs. Helen and her team will help you and point things out for you and teach you a lot but you still have to do the work your self, they will not hand you something on a silver platter if that's what your looking for.

Great program and best of luck with your investment future. 

Hello everyone,
I was looking into the Real Wealth Australia program as well to supplement my retirement. We did quite a bite of research and it definitely looks like great and reputable company. With my husband we found this page http://www.realwealthaustralia.com/success-stories/ and it has an overwhelming display of reviews and testimonials for their program as well as the team behind it.

Also a friend of mine went to see Helen Collier Kogtevs at some event and he was surprised by the amount of applicable insights she shared from the stage.

Hopefully this will help some, and we are going to schedule a call with Real Wealth Australia next week.
Cheers
Carla and John

Properly managed, debt is a useful tool to help one achieve their investment goals.

True, no tenant = no income. But with a little research before you buy extended vacancies are highly unlikely.

I’d also argue that wanting to be successful at property investment does not equal greed. Property investment is something I’m passionate about…. why wouldn’t I want to be as successful at it as I can be?! Making money is great, but it’s the satisfaction of achieving what I set out to that has me hooked.

cheers
Pete

I’d also like to hear how you arrived at your opinion of property investment Moggy as your views scream “bad experience” to me.

Losing income, particularly your job, is not a good position to be in, but it doesn’t mean the end of the world. This is my story of the last 8 years which I believve is a good example of this.

Near the end of 2008 I lost my job at the worst possible time. We had just bought our current PPOR and were in the final stages of building an IP, so we were forking out each week two mortgages (not even taking into account the costs of our 2nd IP) with no income coming in from the IP we were building.

On top of that, the day after I lost my job, my partner started 12 months unpaid maternity leave as our first child was due to arrive in a couple of months. Then, only a week or two later, I got not one but two margin calls on the loan I had against my share portfolio just a month or so apart. Given that I only got $16k redundancy, that money disappeared very quickly. $6k for the margin calls and $900/week on mortgage payments, then there were living costs on top of that without so much as $1 of income coming in.

It was a horrible position to be in, so what do you do? Give up and lose everything? or do whatever it takes to get through the tough time? I had been working as a tradesman doing nightshift in the mining industry so I was earning some really good money, but I ended up working in a factory for well over a year getting paid $40k p.a. as the GFC was in full swing and that was the only job I was able to get at the time. I would have cleaned toilets if that was what I had to do to get by.

My point is that when you lose your income, if you’re prepared to do what it takes to get through the tough time, then you’ll probably come out the other side of it relatively unscathed and hopefully a new perspective on things. We got through the tough time, I am now back working in my trade and we’re in a better position than ever. Yes, it’s taken some time to recover financially as we had to use some LOC’s to supplement our income through the tough time, but we managed to keep all our properties. My share portfolio took seven years to recover, but it DID recover and I’ve now sold my shares and am now more liquid than ever and didn’t lose a single property.

I too was recently looking at the Real Wealth $10k program, after reading all Helen CK’s books, which I found great. I still contemplate spending the money on the program just to get me over this initial step of research research and to take the plunge and make a purchase and stop doubting myself. However I was a little put off when they pressured me to sign up quickly on a ‘scholarship’ at $10k before a certain date, rather than their ‘full price’ course at $15k . I figure everyone is offered the $10k deal and made to feel ‘specially gifted’ and it was a bit like the free set of steakknives, which was the main thing to put me off. If you have a great product that is worth what you are charging, why not just set a fair price and stick to it.

I have since seen her speak and I like Helen’s style and feel comfortable with her strategy but I constantly wonder if I am better off going it alone and putting my $10k into my first IP rather than her pocket. I get that education is important but how much $$ is too much???

Like you Adrian I’d be very keen to hear from someone who has been through the program and was satisfied they got value for money. Anyone out there? I have seen the testimonials from her website but would love to hear from an independent source.

Hi Pete,

I like your comments about reading books on your own, are their any books/authors you can share with us?

Thanks
Cynthia