The DIY Subdivision Kit


Are you looking into subdividing a property as an investment strategy? Check out this extensive DIY kit designed to provide all the information you need so that you can take on that subdivision decision with confidence!

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Your property success with renovation – Jane Slack-Smith

Recently we interviewed the lovely Jane Slack-Smith from Your Property Success  and Investors Choice Mortgages. It was the second time Jane has been on the show and it won’t be the last! I know this simply because, aside from being fun to talk to and a nice person, Jane knows what she is talking about and I learn something everytime I speak with her. Hopefully, therefore, you also learn something everytime we speak with her!

So what do you do when you know lots about the topic of property and investing and want to share it with the world? Well, of course you come on the Everyday Property Investing show! Ok, that was just a plug for us, but what you really do is write a book! That, EPI readers is just what Jane has done! In fact, she wrote two – but that was just an accident…more on that later!

So, Your Property Success with Renovation is Jane’s recently released book and it has joined the list of books that lives on my ever expanding bookshelf of property and investment books.

I love a book that is well structured and this one definitely is. It takes the reader through a logical process starting at understanding property and understanding your own goals. This is one of the reasons I am into Jane’s teachings, she really makes sure that you’ve thought through your endgame and then gives you practical steps for implementing your plan.

Part I of the book is all the setting the foundations. This is about assessing your goals, understanding risk and the level of comfort you have with risk, choosing the right strategy and understanding finance and how the banks see you in terms of your ability to obtain finance. Importantly from all of this, Jane helps you to set your buying criteria with which you can move forward.

A core component of this book is Jane’s Trident Strategy – and although these concepts aren’t new – it’s a solid strategy that reminds you of what is important. The three main components of the strategy are to:

  1. Buy in a high capital growth area
  2. Buy under market value
  3. Add equity through renovation

The style is casual and easy to read. In fact, having met Jane a few times now, I could hear her in my head whilst reading this book and it felt just like a conversation that we could be having. That’s a good trait to have for an investing book as many that I have read can be slow and boring in parts, whereas I was happily entertained and interested throughout this one.

Part II was my favourite section of the book. It covered finding and purchasing a property. Often when you read property investing books the part about how you find the right property can be very theoretical or simply glossed over, but there is some really great, practical information in this section about how to find, select and assess the right location and the right property. Once again, really importantly, Jane gives a reality check on finding a property where renovation will provide you with a profitable outcome. This is an area where many renovators fall down – they’ve chosen a property that was never going to work from the beginning and so getting the numbers of assessing your renovation down is so very important. If you are planning on using renovation in your investing strategy – and surely you would be if you purchased a book with a title of  ‘Your Property Success with Renovation –then make sure you pay attention in this section!

Part III of the book covers the more practical side of renovating. It doesn’t go too deep here though, so if you’re looking for a book on the ins and outs of actually performing a renovation, this isn’t it. Jane does provide some good practical tips in this section, but for me, it was more of an ‘overview’than providing comprehensive start to finish renovation guide – but of course, this is what is intended. I believe that the real value of this book though is in parts I and II.


Your Property Success with Renovation is easy to read, provides good foundation information and practical steps to determining your goals and strategy and then finding the right location and property. It makes you want to get out there and ‘get amongst it’! Jane also has a heap of book bonuses that you can download from her website as an accompaniment to the book itself, such as checklists and spreadsheets – and we all know I’m quite partial to a good spreadsheet or checklists (just take a look at our Everyday Property Pack if you don’t believe me!).

Jane is very knowledgeable and being a very methodical and analytical person she has great knowledge to share for property investors. I enjoyed the book and certainly found some great information and tips to put into place for my own investing and therefore can recommend that you too will find Your Property Success with Renovation entertaining and educational.

Rich dad poor dad


Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money-That the Poor and the Middle Class Do Not!

Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money-That the Poor and the Middle Class Do Not!

Robert Kiyosaki

Kaz: I really do find Robert Kiyosaki’s books inspiring and extremely motivating.  I’ve read Rich Dad Poor Dad and Cashflow Quadrant (and possible another but it was so long ago that I don’t remember it!).  I think that he really does trigger something in a lot of people, a desire to get out of the ‘work for a living’ rat-race.  I think of all the people I’ve interviewed or heard talking about how they got started in investing or business or building wealth, this book comes up most frequently as one of the defining moments in people’s lives.

They are a bit funny in that they fill you with thoughts so that your mind is racing and you become really motivated to implement great change in your life but if you look closer they are a bit light on when it comes to practical implementation and actions.  Perhaps they are designed in that way, they are meant to be the catalyst for change but not necessarily the plan of action – so that’s ok – I mean any book that can inspire so many people to assess their lives and commit to change – well that has to be a good thing.

If you haven’t read this book and also Cashflow Quadrant by Robert Kiyosaki then I would say that they are a must.

More wealth from residential property – Jan Somers

Real estate investment books

More Wealth from Residential Property

Jan Somers

Kaz: Ahhh…Jan…an oldie but a goodie! This book was one of the first property books I ever bought, perhaps not as quirky and hip as some of the more current books, but it’s really solid basics in an easy to understand format. Fundamentals that everyone should know!

Apparently this was Jan’s fourth book – but hey, I didn’t even know that until now, so I’m guessing it’s no great loss if you missed the first ones! From what I’ve read on Jan Somer’s website the others are all out of print now, so that means you can really just focus on this one!

Oh – and if you’re in need of an 80’s style website fix, go take a look at the Somersoft website, it’s hilarious. Now before you think I’m really laying into Jan and her website – don’t get me wrong – she’s probably just too busy relaxing and living life on the proceeds of all of investments – so good on her, I reckon I wouldn’t care too much about my website either if I’d had all the success she has!

Den: This is the first book I ever read about investing in property, and it’s great. It’s written in plain English, is easy to understand, and it is based on real ideas and not some way-out “make a million dollars in one minute” scam. It’s the perfect place to start.

How to create an income for life – Margaret Lomas

Property investment books - positive cashflow

Margaret Lomas

Den: This is probably the most inspirational book I have ever read as far as property investing goes. Margaret applies total common sense in her well-written and easy-to-understand books, and there is something everybody can learn from her.
Prior to reading Margaret’s books, I had researched property investing thoroughly (and bought one property). Despite my considerable research, I had never read a book that seemed make sense, or echo my own ideas – until this one. Margaret explains the basics of property investing as well as including a decent dose of inspiration.
This one is a high recommendation from me!

Kaz: If you haven’t read one of Margaret Lomas’ books – and there are many to choose from – then you…well…you just should!
I have three of them including this one and it’s a great starting point and awesome introduction to the wonderful, wonderful world of positive cashflow! This book, for me, was one of those turning points where I just realised that I too, could invest in property, despite not having squillions of dollars. That is a powerful realisation and one that lots of people could benefit from.

Similarly to Steve McKnight, Margaret Lomas also takes the time to explain the numbers in an easy to follow format – and you really do need to understand the numbers to be successful in the property investing game.

I’ve got a feeling this might have been the first book from Margaret Lomas – though don’t quote me on that one – but it really is a good one and I’d recommend it to all. There are many others after than one – but you probably don’t need all of them as they can be a bit same-same, so just try this one first!

From 0 to 130 Properties in 3.5 years – Steve McKnight

Property investment books - positive cashflow property

From 0 to 130 Properties in 3.5 Years, Second Edition

Steve McKnight

Kaz: A really inspiring book and one that will have you raring to go out and find an opportunity. Steve goes over the numbers in a simple and straight forward manner, explaining some really important concepts.

Steve McKnight wrote the first version of this book some time back. It’s a really simple read but an amazing success story as well as educational material for property investors. This revised version has additional content as well as being updated to reflect the changes in the property market over more recent times.

This one is surely a must read for those starting out or even if you have purchased a few properties but are wanting to know more about positive cashflow property and assessing a deal.

Den: I wasn’t as keen on this book, but I did get the sense of inspiration you are talking about Kaz. In his book, Steve looks at many different ways you can make money out of property, and as such it provides great education. You can learn about property acquisition, deal-making, wraps, development and selling, and it may inspire you to become a real property high-flier. It’s your choice.

As an everyday person who works a job, has a family and wants to increase my security in the future, I’m looking for a book which talks about positive cash-flow property in a little more depth. This book is a great reference that I dip into every now and then.

While I don’t give this book five blazing stars, I do suggest buying this book and familiarising yourself with the contents. It’s great education but it may not become your bible.