Pressman
14th November 2008, 09:48
Seminar Holds Key To Property Riches
Despite the downturn in the UK property market one millionaire investor believes there has never been a better time to become a property BILLIONAIRE.
Rhett Lewis is staging a seminar event in London this month aimed at would be investors and entitled Become A Property Billionaire.
The 32 year old Australian has bought a startling 170 UK properties in the past three years and is showing no signs of slowing down despite the credit crunch.
In fact he believes the current economic climate offers aspiring billionaires unparalleled opportunities to acquire property riches.
The London seminar, the first Rhett has staged in the capital, is the latest in a string of sell-out property investment events he has hosted in recent months across the UK.
Rhett, who earned just £12,000 a year as a full-time football coach before launching his own property empire, said the event at the Hilton Hotel, Edgware Road, on 22 November, would provide investors with the information they needed to build huge property portfolios without using their own money.
Delegates will also learn how to boost their income by investing in property, how to value a property investment correctly and how to use other people’s money to expand their own wealth.
Rhett said: “I’m not a billionaire yet but I’m well and truly on my way to becoming one. The first step on the road to becoming a billionaire is to adopt the mindset that you can become one.
“If one looks at the earnings of the top three UK property landlords over the past four years it’s apparent that they are getting richer and richer.
“The Duke of Westminster saw his fortune rise from £5b in 2004 to £7.6b in 2008 according to the Sunday Times Rich List. David Reuben’s fortune rose from £2.2b to £4.3b in the same period while Earl Cadogen enjoyed a rise in fortune from £1.55b to £2.93b. No matter how hard you work there is no way you’re going to earn that in a 9-5 job.
“This is a great time to invest in property provided you invest correctly. There are some incredible bargains to be had and we can tell investors how to source properties up to 30 to 40 % below market value.
“By picking up properties so far below market value investors are insuring themselves against any further downturn and helping to ensure their investments are cash flow positive.
“When one compares property to other forms of investments such as shares it’s clear to me that property is still the best way to invest. In recent weeks the FTSE 100 index has fallen more than 20% below 1998 levels, while average property prices are still 244% above their levels of ten years ago – even with the 15 per cent drop of the last year factored in.
“I currently have around £2m worth of equity in my portfolio but what excites me is the cash flow the properties give me each month which is more than £10,000. It means I could stop working tomorrow and go lie on a beach if I wanted to. But I’m not quite ready for that yet.
“I plan to become a billionaire through property investments and I will help anyone to achieve similar success.”
Rhett grew up in Melbourne and played professional football in Australia before his career was cut short by injury. He came to the UK to coach at clubs such as Watford, Bristol City and Nottingham Forest but soon decided his future lay in property.
He said: “I bought my first properties in Australia when I was still a teenager. I loved being a professional sportsman but football was a twenty-four / seven commitment and the wages as a coach were lousy – just £12,000 a year. When my young nephew became ill with a life threatening condition it really brought home to me that have to live for today.
“I began to rethink my lifestyle and what I wanted out of life. I asked myself how could I have the lifestyle I desired and at the same time still have the time to enjoy my passions, such as travelling and spending time with friends and family.
“I researched ways of working once and getting paid forever and I found that property fitted the bill. In the few years I had owned my Australian properties they had increased in value by 300%.
“Once I had decided that my future lay in property it was a question of, how can I buy lots of houses without running out of cash?
“There is a misconception that you need to have money to buy lots of property. It’s the old cliché that money makes money. I can show people that belief is untrue. I have purchased my entire portfolio without leaving any money in the deals.”
Rhett added that his seminar would include topics such as how to source properties below market value, how to find finance, how to keep buying without running out of cash, and how to take advantage of property hotspots.
For more information on the seminar on November 22 at the Hilton Hotel, Edgware Road, London, please visit www.rhettlewis.com (http://www.rhettlewis.com/).
ENDS
For images and interview opportunities please call Steve McComish at Pressman PR Ltd on 0115 9648214 or email steve@pressmanpr.co.uk (steve@pressmanpr.co.uk)
Despite the downturn in the UK property market one millionaire investor believes there has never been a better time to become a property BILLIONAIRE.
Rhett Lewis is staging a seminar event in London this month aimed at would be investors and entitled Become A Property Billionaire.
The 32 year old Australian has bought a startling 170 UK properties in the past three years and is showing no signs of slowing down despite the credit crunch.
In fact he believes the current economic climate offers aspiring billionaires unparalleled opportunities to acquire property riches.
The London seminar, the first Rhett has staged in the capital, is the latest in a string of sell-out property investment events he has hosted in recent months across the UK.
Rhett, who earned just £12,000 a year as a full-time football coach before launching his own property empire, said the event at the Hilton Hotel, Edgware Road, on 22 November, would provide investors with the information they needed to build huge property portfolios without using their own money.
Delegates will also learn how to boost their income by investing in property, how to value a property investment correctly and how to use other people’s money to expand their own wealth.
Rhett said: “I’m not a billionaire yet but I’m well and truly on my way to becoming one. The first step on the road to becoming a billionaire is to adopt the mindset that you can become one.
“If one looks at the earnings of the top three UK property landlords over the past four years it’s apparent that they are getting richer and richer.
“The Duke of Westminster saw his fortune rise from £5b in 2004 to £7.6b in 2008 according to the Sunday Times Rich List. David Reuben’s fortune rose from £2.2b to £4.3b in the same period while Earl Cadogen enjoyed a rise in fortune from £1.55b to £2.93b. No matter how hard you work there is no way you’re going to earn that in a 9-5 job.
“This is a great time to invest in property provided you invest correctly. There are some incredible bargains to be had and we can tell investors how to source properties up to 30 to 40 % below market value.
“By picking up properties so far below market value investors are insuring themselves against any further downturn and helping to ensure their investments are cash flow positive.
“When one compares property to other forms of investments such as shares it’s clear to me that property is still the best way to invest. In recent weeks the FTSE 100 index has fallen more than 20% below 1998 levels, while average property prices are still 244% above their levels of ten years ago – even with the 15 per cent drop of the last year factored in.
“I currently have around £2m worth of equity in my portfolio but what excites me is the cash flow the properties give me each month which is more than £10,000. It means I could stop working tomorrow and go lie on a beach if I wanted to. But I’m not quite ready for that yet.
“I plan to become a billionaire through property investments and I will help anyone to achieve similar success.”
Rhett grew up in Melbourne and played professional football in Australia before his career was cut short by injury. He came to the UK to coach at clubs such as Watford, Bristol City and Nottingham Forest but soon decided his future lay in property.
He said: “I bought my first properties in Australia when I was still a teenager. I loved being a professional sportsman but football was a twenty-four / seven commitment and the wages as a coach were lousy – just £12,000 a year. When my young nephew became ill with a life threatening condition it really brought home to me that have to live for today.
“I began to rethink my lifestyle and what I wanted out of life. I asked myself how could I have the lifestyle I desired and at the same time still have the time to enjoy my passions, such as travelling and spending time with friends and family.
“I researched ways of working once and getting paid forever and I found that property fitted the bill. In the few years I had owned my Australian properties they had increased in value by 300%.
“Once I had decided that my future lay in property it was a question of, how can I buy lots of houses without running out of cash?
“There is a misconception that you need to have money to buy lots of property. It’s the old cliché that money makes money. I can show people that belief is untrue. I have purchased my entire portfolio without leaving any money in the deals.”
Rhett added that his seminar would include topics such as how to source properties below market value, how to find finance, how to keep buying without running out of cash, and how to take advantage of property hotspots.
For more information on the seminar on November 22 at the Hilton Hotel, Edgware Road, London, please visit www.rhettlewis.com (http://www.rhettlewis.com/).
ENDS
For images and interview opportunities please call Steve McComish at Pressman PR Ltd on 0115 9648214 or email steve@pressmanpr.co.uk (steve@pressmanpr.co.uk)