Esme Chin, a property investor and entrepreneur with a portfolio worth over $6 million, will discuss the two arms of her wealth creation strategy and show you how you can work towards your goal of owning that beautiful mansion overlooking the harbour!
She will delve into her top resources and personal habits for conditioning her mindset, her method for maintaining a chunk of money to act as a buffer for unexpected mishaps – like a $22,000 air con gone bust – and what her plans are for the next five years regarding a new arm of her strategy.
In this episode, here’s what you’ll learn:
01:42
What held Chin back from initially investing in property?
03:07
Chin overcomes any mindset problems by setting goals for herself and educating herself as much as possible.
04:46
A large part of Chin’s education involves reading with Bodo Schäfer being one of her best sources of information to condition her mindset.
08:04
Chin explains how she built her extensive portfolio containing over 20 properties.
11:27
Chin has added a third arm to her portfolio, which she believes will accelerate her wealth creation strategy.
14:33
Chin stresses the importance of keeping your job for the banks even if you want to quit it and become a property investor.
18:38
A personal habit which Chin attributes to her success in property investing is journaling.
21:45
Looking back on all the things she wrote also helps her to smooth the bumps in the road when she is trying to reach her goals.
23:50
Chin’s view on the upcoming trends on where to invest.
25:18
Accessibility to airports and surrounding infrastructure is another element that Chin believes you need to look out for when identifying where to buy.
Show Notes and Credits:
Thanks a million for checking out this episode! Below are the websites and other tidbits that were mentioned in today’s podcast with Esme Chin. If you have any questions, feel free to leave a comment below and I’ll respond right away!
* The Road To Financial Freedom – Earn Your First Million in Seven Years: What Rich People Do and Poor People Do Not to Become Rich by Bodo Schaefer
* Donald Trump
* Rich Dad – Robert Kiyosaki
* Paul Getty
Do You Have A Question or Have A Story To Share?
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Mentionable Quote
This episode was produced by Alex Cooper with narrations and interviews conducted by Tyrone Shum.