Engines of Wealth - Commercial Retail Shops

There are many books on the market providing advice on how to structure your finances, take control of your spending and improve your savings habits. But once you have your finances in order, many find themselves asking “What now?” Engines of Wealth answers this question with a step-by-step guide to building a commercial property portfolio that leverages your savings to create a long-term engine of wealth.  This investment approach delivers a positively geared income that is indexed to inflation and will be there for your family long into the future. Engines of Wealth provides a solution to the problem facing many young Australians of today: how to purchase a home in the face of increasing residential property prices. Phillip recommends a completely different approach: invest first in commercial properties that have a lower barrier to entry, build equity that can then be leveraged for a home purchase later.  This means anyone, no matter what age, can build wealth that brings the Australia Dream of home ownership within reach. Whether you’re in your 20s wanting to learn about creating a bright financial future or in your 50s wanting to learn how best to invest your savings, Engines of Wealth is the book for you.

I have lived in Cronulla in New South Wales for the past 3 years with my wife and three children. I am 53 years old and have enjoyed a dynamic career in sales that has fuelled my passion for property investment.When my interest in building wealth began I was just starting in sales management at IBM Australia.   I find sales an exciting career and one that stimulates my desire to engage with clients and pursue a deal that delivers a benefit to both parties.  I began investing in property and to be honest I’ve never really stopped and have always had an eye out for my next investment deal.During my employment I established an office Investment Club and ran a monthly “lunch and learn” session to discuss property with like-minded people. In the early years I invested in negatively geared residential property and as I detail in my book Engines of Wealth, I switched to positively geared commercial retails shops and have never looked back!For over 15 years I coached over 100 up-and-coming investors on the strategies I employed to create wealth. As I built a detailed knowledge of commercial property investment I was amazed by how little was published that explains this attractive investment option.  Therefore I was compelled to document my experiences and share the power of this asset class.After 30 years investing in property, my partners and I have accumulated over 51 retail shops and offices. More importantly, I have created a positively geared income stream that will continue to fuel my families’ needs long after I’m gone.  I am proud to have produced this book as a reference manual for others on how I created long lasting wealth.   

There are many books on the market providing advice on how to structure your finances, take control of your spending and improve your savings habits. But once you have your finances in order, many find themselves asking What now? Engines of Wealth answers this question with a step-by-step guide to building a commercial property portfolio that leverages your savings to create a long-term engine of wealth. This investment approach delivers a positively geared income that is indexed to inflation and will be there for your family long into the future. Engines of Wealth provides a solution to the problem facing many young Australians of today: how to purchase a home in the face of increasing residential property prices. Phillip recommends a completely different approach: invest first in commercial properties that have a lower barrier to entry, build equity that can then be leveraged for a home purchase later. This means anyone, no matter what age, can build wealth that brings the Australia Dream of home ownership within reach. Whether you_re in your 20s wanting to learn about creating a bright financial future or in your 50s wanting to learn how best to invest your savings, Engines of Wealth is the book for you.

This item is eligible for free returns within 30 days of delivery. See our returns policy for further details.