A friend of mine asked me the other day while we were having lunch why I am into Australian properties when the property market here is booming. My natural reaction was to tell him I am not that kind of person who jumps on the bandwagon when everybody else does… Deep in my heart, I had a very compelling reason why I am into properties Downunder, however I wasn’t going to give him a 2-hour presentation…

‘It’s the banking system in Australia. It allows investors better leverage to build a property portfolio.’ I said.  

Looking a bit amused, he went to comment that the banking system in Singapore is just as good…Feeling a bit flustered, I threw a question back at him.  ‘How many people do you know have more than 5 properties in their portfolio?’ I asked. He pondered for a while and said, ‘virtually no one here he knew in Singapore.’…

Well, I gave him that arrogant smile and said, ‘All my partners in Australia, every single one, have more than half a dozen of properties…’ I am sure he could sense the arrogance in my answer… 

Dreams or dreamers, you choose the way you live. I have begun building my portfolio at age 30. Not too late to start but I am happy I have started…have you?