May Property Academy 2007 10k challenge winner
Ross Shadbolt from Tauranga
Propelled from the May 2007 Property Academy on a wave of motivation and armed with multiple new strategies and confidence Ross took on his local market and achieved some outstanding results.
In the 13 weeks of the Richmastery $10,000 Challenge Ross visited 60 open homes, put in 62 offers and actually purchased over $3.2 million dollars worth of property. Generated an excess of $91,000 in rental income for the year and has had an increase in equity of over $600,000.
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May 2006 - Richmastery 2190 Challenge Joint Winners of $10,000
Joint Winners Number 1: Richie Day & Dr Catherine Stone
 Richie and Catherine made a great start to their investing by winning $12K in the Property Game before they had even left the Academy!
The pair then joined the Richmastery Mentoring programme. After starting out with NO EQUITY, and no previous experience in property investing, this is how Richie and Catherine finished:
- 11 offers placed, and 6 properties purchased
- $504,350 in equity
- An annual cashflow of $28,482 after tax
- A total portfolio value of $1,561,350
- Both paid off their 'negative' debt including a student loan, car payments and credit cards
- Richie is now investing full time
 Joint Winners Number 2: Ellis & Susan Emmett
Details of portfolio to go here
- 6 offers placed, and 4 properties purchased
October 2005 - $10,000 Richmastery 2190 Challenge Winner!
 The winners of the 2005 October Academy 10K Challenge were: Ward Van Damme and Loraine Sepers.
Ward and Loraine came to New Zealand with the dream of a better life - but then they discovered property investing and quickly found themselves enjoying an incredible life.
These two determined property academy graduates bought a total of three properties in the first three months after the academy.
These included two 'buy-and-holds' and one 'do-up' which brought in a total of six separate income streams for the couple.
Ward and Lorraine had started out with $144,000 in available equity and no cash flow.
At the end of the three-month challenge their property deals had increased this to $190,000 worth of equity and a cash flow of $15,000.
So don't delay sign up for the property academy today and you too could be enjoying Ward and Loraine's success!
October 2004 Richmastery 2190 Challenge Joint Winners
Kapene Tio Hiroti the joint October 2004 Academy Challenge Winner...
- Only placed 3 sale & purchase agreement offers in the required time
- And obtained just one AWESOME property deal
- He started with a ¼ share of $6000 ($1500) in equity
- And he finished with $239,000 in equity
- A Finishing Cashflow of an incredible $45,000-$55,000
Kapene turned his knowledge into massive action and achieved amazing results and became a
deserved winner of the 2190 Hour Challenge
"My experiences over the last 3 months have been life changing. This deal was an
incredible turn around for my family"
 David Wild the other joint winner amassed 7 positive cashflow
property deals through out the Dunedin area. He used simple effective ways to gain immediate
equity. He sourced his building equipment and gained discounts and he used clever strategies
to roll his equity out to purchase all his property deals.
To discover how Kapene and David won the Academy Challenge and how they purchased their investments
join WealthSpy our very own Audio CD Delivery and Audio download service Click Here
$10,000 Richmastery 2190 Challenge Winner!
The winners for the May 2004 Academy were: Jane Foote and Jonelle Phillips
 Jane and Jonelle are the winners of $10,000 from the May 2004 Richmastery's 2190 hour challenge. In just under
thirteen weeks, the pair negotiated 54 real estate income streams, made $630,000 in immediate wealth and now
have a property portfolio that has a market value of $4.97 million that will pay them after tax cashflow
of $165,703 per year
Don't wait another day, book to attend the Academy now so you can start banking profits like Jane and Jonelle
did. Click Here
October 2003 Challenge Winner
 The winners for the October 2003 Academy were: David and Beryl Colley
David and Beryl purchased over 1 million dollars of property, made over $191,745 in
immediate equity, purchased all their deals an average of 16.81% BELOW Valuation and created $28,292
in yearly after tax cashflow for themselves. And they did all this in just 13 weeks!
Only one property was purchased at a Mortgagee Auction, and one of the the properties was in fact four separate flats,
this enabled the Colleys to enjoy 10 different income streams from
their portfolio that was purchased in just 13 weeks.
The Colleys are just one of numerous Graduates from the last Richmastery Property Academy who have banked significant actual
documented profits by implementing the strategies taught to them at the Academy.
May 2003 Challenge Winner
The $10,000 Richmastery Property Academy Challenge winner is: Sue Laurie
 Sue has done an amazing job of turning knowledge into action and action into results. Sue and her husband Chris consistently
put in offers every week after the academy.
 Persistence, patience and determination are the key to achieving your financial goals. Sue and Chris have proven they were up to the
challenge, and their persistence to find hot deals has paid off.
"Long after the thrill of winning the cash has worn off, we will still be reaping the benefits of what you have taught us,
so we are truly indebted - many, many thanks."
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