Testimonials
“We would like to endorse The Investors Club. Since 2001, the Club has helped us successfully buy ten investment properties. This comes with our highest praise for the ethics of the Club and its leaders. We could never have done it without them.”
Ian and Jillian Wilson
“My wife and I joined the Club in 2004. The very first property we purchased through the Club earned us over $100,000 in the first year. We have purchased three more properties through the Club and I have nothing but the deepest respect for Kevin. We could not have done this without the Club’s help. He created The Investors Club so others could benefit from buying property.”
Ray James
“The Investors Club encourages likes minded people to come together, become friends, share experiences and help each other out. It is great to see that nothing has changed in the four years since responding to an article on this subject in the TIC newsletter. Our circle of friends continues to be very dynamic. Having made some great Club friends in Western Australia, we were fortunate to be relocated to Adelaide in early 2007 where we have now met “those voices on the phone” who are fellow TIC investors in the same developments in Western Australia.
Being involved with The Investors Club has certainly changed our outlook and the outlook of the few close friends we have introduced to the Club. The complete “lifestyle change” is still a way off, but it is slowly and surely coming to fruition. It is on the horizon. Four years on, most of those we know still only have the house they live in, some super, and little else. Most are mid 50s, like us, and are complaining they will have to work until 65. They don’t trust super and still think property investment is for rich people. Sadly, this is a view that shall never change.
Before joining the Club we were on the verge of “going broke” due to misinformation from financial experts and bankers. Today, after being with the Club for nearly six years, we are still being financially re-educated, assisted and mentored by our “brains trust” when required. We have just settled our sixth investment property after a “battle of the banks” which we won! And we are slowly approaching the debt-free zone on our principal place of residence.
It has not been without its problems, but then what success is? It has taken a plan, adherence to goals, priorities, the genuine urge to succeed (GUTS), and the sacrifice necessary to keep it all moving forward. How else would you learn to control and develop a multi-million dollar property investment portfolio?
Has it been worth it? Yes! We have more than benefited from The Investors Club, its members, supporters, services, the huge network of people and the knowledge the Club has created and continues to create.
Four years ago I wrote, “I cannot image what value of new property we will be celebrating with friends in a few years time.” In 2004, we had $1.2 million of property with $300,000 in equity. Four years later, we have $2.35 million with $700,000 in equity and growing steadily. What’s the secret to this success? The secret is there is no secret. You have to learn the basics and have a go!
Many thanks for the journey and to Kevin Young for sharing his knowledge with all of us willing to give it a go.”
David Grant
“Kevin, thank you for starting The Investors Club. Through the Club you have shown me how to become a millionaire by using other people’s money and purchasing property in the right place and at the right time, in other words, The Investors Club way.
Like most property investors I purchased a property on my own and have now, through your education, found I had made numerous costly mistakes like not knowing the area, wrongly structuring my loans, not having landlord insurance and its consequences, to name a few.
In the five years of being a Club member and purchasing property I have become a multi-millionaire. The support and help offered by branch managers, support members, the Club’s “Circle of Safety” and other Club members makes the journey of becoming financially independent and a multi-millionaire so easy and so quick.
All the worry of searching for a property and hoping it was the right one is taken away by the Club’s research department. I no longer have to spend time looking for tenants or the right real estate agent, the Club does that for me. When I purchase a property the Club inspects it for any defects before settlement of the contract. All services are free to me as a member of The Investors Club.
Kevin’s philosophy of “never, never selling” and using other people’s money has now set me up for a financially secure retirement. If only I had known this plan 30 years ago I could have been enjoying a lifestyle only dreamt about, let alone an early retirement more than 20 years ago. But I am now living that dream and that is what is important. Thank you Kevin, you have made me a multi-millionaire. Try it. If you don’t enjoy being rich, then you can always go back to being poor!”
Errol Blaess
“I will start by saying that Kevin Young has helped so many people. He has been their mentor and friend without asking for one cent of their money. I still cannot believe that all the Club’s help and information is free. Kevin has given us what we did not learn at school, and would never have learnt if it were not for his tireless efforts and generous nature. Here is a man that has basically dedicated the last ten years to help other people plan for a retirement that they never ever dreamed of.
These people, like us, will retire multi-millionaires and we would not have been able to do so without Kevin.
We would not have known how or even where to start on this road to financial freedom, and we are truly thankful that we came across this man. Over the years I personally have spent many thousands of dollars trying to find all the information that Kevin has given to us for free.
Finally, I have seen the light and it is all thanks to Kevin Young. If you are looking to improve your future we know we can show you how to have an amazing lifestyle of your choice.
Ken and Robyn Atkins
“Ken and I found a story in the local paper about “bad investing”. Wanting to learn how to invest the “right” way off we went to a meeting. The funny thing was that neither the story nor the advertisement was connected, so it was a pure fluke that we found The Investors Club. This was 1998 and the beginning of an entirely new direction for us. What followed was to be life changing.
At the meeting members were talking about purchasing multiple properties and using the equity for retirement. I thought the presenter must have been earning around $100,000, which put this out of reach. Perhaps in the future things would change so why not gain the knowledge now in preparation for later? We didn’t realise that the average wage within the Club at that time was $38,000. Perhaps we could do something after all.
Another problem for me was using interest only loans. We had been taught that you saved your money to buy a house, car etc. It took me a long time to understand the interest only concept but once I understood it I had a whole new way of looking at property investing. But being avid procrastinators we waited another few months before investigating further.
Maybe we could do something, maybe not, but we would never know if we didn’t ask the question. Our first step: we completed the Finance Capacity Form (FCF). Within a few days we discovered we could borrow enough money to purchase three properties. That meant we would have ‘debt’. What was I thinking?
Ken and I had worked long and hard to save the deposit for our first home together. We had paid that home off as quickly as we could as we didn’t like to have any debt. I didn’t understand there were different types of debt, some good and some bad. To me, it was all debt. Ken was an engineer in the Navy at the time. I was working for a finance company in North Sydney. We were always finding a reason why not to do something. Needless to say, a lot of opportunities had passed us by.
We wasted a few more months doing nothing until March 1999 when 42 of my colleagues as well as me were made redundant. My superannuation of $38,000 turned up a few months later. What was I supposed to do with that? I had always contributed to my superannuation and thought there would be much more than $38,000 for me to retire on.
I thought we had also lost the opportunity to begin investing but a few weeks later we completed a new FCF to see if we could still invest and yes, we could still borrow enough money for two properties. The researching began and in October 1999 we purchased our first property, a brand new three-bedroom townhouse in Sunnybank Hills. The complex was still under construction when we inspected it. We could see the potential as it had a pool area and was close to transport as well as shops. We were happy to proceed.
A few months later we looked at our second purchase, this time another three-bedroom townhouse in Labrador. Townhouses seemed a good investment as tenants still had a yard but not too much yard that they had to spend all weekend maintaining lawns and gardens. The Property Profile showed us that this property originally sold for $178,000; we were able to buy it for $138,000. Why was that? It turned out the builder had kept a few properties and sold them 18 months after the completion of the development. We booked our pest and building inspection to make sure the house didn’t have any problems. Upon receipt of the report we proceeded excitedly with our second property. I never knew how easy it was to invest. We decided to keep going and see what we could do next.
Unfortunately for many people they have an overwhelming fear and may never find the confidence, but investing through The Investors Club was so easy and there were so many people to help us if we had any questions or needed guidance. It was easy to move forward, so we kept going. We spend so much time in the work environment and when we retire very few of us are set up in such a way where we don’t have to cut back on the things we want to have and do. So many people have less superannuation than they will need and they are not aware of this until it is too late.
How long would $200,000 in super last? If you look at an income of $50,000 it would last four years. Most people don’t see it this way and think $200,000 will last for the rest of their life. Hopefully, we all want to live longer than five years. Once the money is spent, what then?
Family members tell me they will work for ten years and then use their long service leave for retirement. I don’t think they know it will be a rather small amount in the scheme of things and won’t last long at all. As I said, once it’s gone, then what? We really need to look ahead.
Things move on and we can only lead by example and hope we can show other people how they can also have a better lifestyle along with the right number of income producing assets. We kept moving forward every chance we could. We are also trying to educate our children and it has been a slow process so far but we haven’t given up.
We heard about Western Australia and how things were soon to start moving in the property market. We researched a few areas and a number of properties before deciding to go to Kenwick. Kenwick, twelve kilometres south-east of Perth, was close to schools, shops and the highway. A new railway station was being built, which meant a shorter travel time into the CBD. There was a huge delay with construction due to problems like not enough tradespeople as they were heading to the mines and a shortage of building materials such as bricks and tiles due to the demand. It took years to build; nevertheless, we still paid the original contract price of $165,000.
We then came back to our next purchase in Queensland, then another in Western Australia and back to New South Wales for a couple of retirement units for cash flow. In the meantime, the Western Australian properties were doing very nicely with Kenwick doubling in only a few years. Our second purchase, Balcatta, was also doing well in capital growth. We now have a portfolio that we will continue to add to as we find future properties to complement our existing investments.
Kevin Young’s Retirement Plan recommends buying and holding, growing your assets and having a lifestyle far beyond what you expected. If we were to sell any of these properties, we would be losing future growth.
My friend Lyn, a Club support member, often asks the question: “If you had $180,000 cash would you put it in the bank and expect no interest?” Of course we wouldn’t do this, would we? Yet this is what we are doing if we are not using the equity in our home. Your home equity is like money in the bank. Why not use this equity to create more money? Not everyone will agree with this and that’s fine. However, it is worth looking at. I know we couldn’t have done this without using the equity in our home as we didn’t have any cash nor did we have any other property. The home is always safe and is not used as security for any properties.
Over this period of time we have seen nearly all rents increase. You can also see that the properties purchased for growth have all increased. Having this equity has helped us buy more property. If we didn’t have the equity then we would have had to save the cash. Cash is too easy to spend on things like holidays or cars and these liabilities will not provide you with more equity or growth.
I was able to give up full-time work five years ago. I love being able to visit friends, take friends to lunch and experience long lunches in Cairns and Townsville when we are there meeting up with our members and friends.
If you are looking to improve your future we know we can show you how to have an amazing lifestyle of your choice.”
Ken and Robyn Atkins