This year’s budget has thrown a few ‘potential curve balls’ for property investors, with the government announcing some major changes that could present significant risks, as well as other changes that could lead to some great opportunities.
So the questions for every investor are:
What budget announcements do I need to be aware of that could pose risks for me and what can I do to mitigate these risks?
What opportunities may surface from this year’s budget and how can I take advantage of these to make profits in the future?
This month we have three experts in different fields of property investing, all discussing in detail the proposed budget changes, what these mean for investors, and what you can do to safeguard your portfolios and optimize your success in the year to come.
Don’t miss this meeting!
About this month’s speakers –
Victor Kumar is the Director and founder of Right Property Group. Victor has now been investing in property over several property cycles, having bought his first property in August 1998, after migrating to Australia with his wife in February 1997 with just $4500 in their pockets.
A qualified radiographer and sonographer, he got into the workforce pretty much straight away, and a minor back injury while working at Liverpool Hospital got him thinking that there needs to be more security around his income, so he started educating himself on investments in shares and property, and the principles of business.
In 1999, he bought his first investment property, and from implementing what he was learning from the books, his mentors and the numerous seminars he and his wife attended, has gone on to, over the two decades, buy multiple investment properties each year, and constantly adjusting his portfolio in line with his goals and the market, to controlling a multi-million dollar portfolio.
In 2001, he left his secure job as a sonographer, and started Right Group, where he started helping his clients achieve results in line with their own goals, using property as the vehicle.
He has undertaken practically all the strategies being highlighted in seminars and books, except multi-storey developments, and has over time, created a simple yet effective strategy that weathers the different market conditions to deliver proven results time and time again for his clients.
Sze Chuah is is co-founder and owner of the finance company – Mortgage Lending Specialists (MLS). Sze helps his clients grow their portfolios and achieve their property goals. Sze is also a successful and experienced property investor in his own right, and he currently has a portfolio of 24 properties with a combined value of over $9 million.
Prior to finance, Sze’s professional background was in IT, which he worked in for 15 years within large corporates including Commonwealth Bank, Colonial First State and the Australian Taxation Office. During this time he began to build his property portfolio and then started to pursue a career in finance after this.
In 2014, he took over the Yellow Brick Road branch in Parramatta, since then making it an award winning business, as one of the fastest growing and most successful Yellow Brick Road branches in Australia. This year, Sze opened his own independent mortgage business in MLS Finance.
Sze holds undergraduate qualifications in Finance, Science and Computing, and postgraduate degrees in business and taxation, including a Masters of Business Administration (MBA).
Outside of work, Sze enjoys travelling, working out and spending time with his wife and 2 young children. He also enjoys attending personal development courses and is an avid sports fan (including being a Parramatta Eels tragic).
Jeremy Iannuzzelli is an enthusiastic property investor with over 12 properties in his portfolio, and he’s also a qualified accountant & registered Tax Agent with a Bachelor of Business & Commerce from Western Sydney University, majoring in Accounting and commercial law.
Jeremy has over 9 years of experience commencing with a Chartered Accounting practice, where he is a transitioning partner. Jeremy also managers a number of clients who are investors, with their portfolios ranging from one property to well over 100 properties. He has interests in many businesses which range from bookkeeping, legal firms and property development.
He credits his success to his understanding of numbers and how they play a big role in the overall transaction. Jeremy strives to always maintain quality in all aspects of accounting and bookkeeping, he believes this is the fundamental key to a successful and sustainable business. Jeremy is also the in-house property mentor for Domain Property group, advising and mentoring under 35’s about business and investment.
What we will cover in this meeting
- What does the budget mean for investors
- How changes to the depreciation rules will effect investors – and what you can do about it
- How the new NSW housing affordability changes to stamp duty will affect investing
- Why investment lending is changing and what this means for investors
- The further impact of the budget on investment lending
- Where huge opportunities might emerge for property investment following the budget
- Plus much more
So be sure to come to this month’s meeting, meet Victor, Sze & Jeremy, and network with a range of experienced investors who are active in property investing right now.
See you at the meeting!