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Chronicle (Toowoomba) Saturday 12/07/2014 Page: Section: Region: Circulation: Type: Size:

90 Domain Toowoomba QLD, AU 17392 Regional 595.00 sq.cms.

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Expert shares his secrets EAL estate expert and wealth development coach, Zaki Ameer, has just launched his first book Dream it, Design It, Do It on Amazon, detailing how he went from being a broke student to building a $3milllion property portfolio in just two years. Mr Ameer said the main reasons people were unsuccessful and lost money in property investing was that they used bad strategies, and had an incorrect mindset. “Fortunately, both of these can be changed with the right education. The first and most important step is to discover what motivates you to success. Of course, everyone is different, but once you understand your motivator, you can start to make steps toward your life by design.” Mr Ameer came to Australia at the age of 18 with big dreams. Initially a student struggling financially with a rather large debt, he quickly turned his finances and his life around through determination and with a little help from his mentors. After building his wealth through various investments, including real estate, direct sales and shares, Mr Ameer accumulated 10 properties in two years, totalling $3 million. Mr Ameer used particular strategies to achieve his success that he describes in his book, which quickly amassed 1000 downloads within 30 days of being listed for sale on Amazon, taking it to the NO. 1 position for the Buying and Selling Homes category on Amazon. His first strategy involves buying only in established suburbs. “An established suburb is an area that has a history of factual financial data. It has schools, transport infrastructure, houses, apartments, and a community of people that have been there for more than fifty years. Investing in property involves taking risks. But by analysing historical data, that these established suburbs already have, we can make those risks calculated ones.” Another strategy that proved successful, according to Mr Ameer, was ensuring he always bought under market value. “Buying under market value is more than j t di t i B b i d

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growth in the economy over time to increase the value of your investment.” One of Mr Ameer’s more controversial strategies when building his portfolio was, instead of relying on negative gearing like so many other property investors, he ensured at all times he retained an overall neutral portfolio. “For a first investment, I recommend purchasing a neutrally geared or slightly positive cashflow property. The property should have mortgage repayments going out that are equal to the rental payments coming in. The reason for this is that it has minimal effect on borrowing capacity, making it much easier for an investor to borrow money to fund their next purchase.” In his book, Mr Ameer also offers useful tips on renovations, finance, and strategies to avoid, and throughout the entire book, how to maintain a healthy mindset to the entire process of property investment. Gaining notoriety for his proven understanding of the power of the human mind and human potential, Mr Ameer was approached by many organisations to speak about wealth creation and personal development. This led to his creation of Dream Design Property, a wealth creation mentoring program that guides clients in beginning their own personal development and investing journey.

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Profile for Zaki Ameer

Zaki Ameer featured in Toowoomba chronicle  

Zaki Ameer featured in Toowoomba chronicle . Dream Design Property founder Zaki Ameer - Property investing expert shares his insight on his...

Zaki Ameer featured in Toowoomba chronicle  

Zaki Ameer featured in Toowoomba chronicle . Dream Design Property founder Zaki Ameer - Property investing expert shares his insight on his...

Profile for zakiameer
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