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With the majority of property investors only buying one or two properties, Sanders’ portfolio of 10 properties is impressive in itself. It becomes extraordinary when you understand how he arrived in Australia from Zimbabwe with $50 in his pocket and only his nursing credentials to fall back on.

As Managing Director of MSISA Property Developments, and MSISA Property and Consulting Agents, and author of the 10X Property System, Sanders is passionate about helping his clients get ahead in property and avoid the same mistakes he made early on before he truly educated himself in property.

In this conversation with Mike, Sanders describes his own journey, why it was so important for him to build a property portfolio, and how he implements his strategy now as he continues to build his investments.

Sanders explains the mistakes he made and how he corrected those mistakes by educating himself in property. Mike and Sanders explore the strategy of 10 properties in 10 years, and Mike delves into the sacrifices that Sanders made, and the practical steps that he took to build his equity and maximise his investing potential.

 

This highly practical episode is filled with great advice and tips for building your portfolio. You’ll be inspired by Sanders’ story, and his straight-forward approach will give you the confidence that solid cashflow and a comfortable retirement really is possible, if you take the time to learn, and listen to the right people.

 

Here at MCG, we are passionate about creating a forum and education series for property owners and investors. We do depreciation differently, and offer a set rate for Replacement Cost Estimate reports. A first in the industry. Join our clients saving more on their tax today https://www.mcgqs.com.au/

Podcast Transcript

In this episode, Mike is Joined by Sanders Muleya.With the majority of property investors only buying one or two properties, Sanders’ portfolio of 10 properties is impressive in itself. It becomes extraordinary when you understand how he arrived in Australia from Zimbabwe with $50 in his pocket and only his nursing credentials to fall back on. As Managing Director of MSISA Property Developments, and MSISA Property and Consulting Agents, and author of the 10X Property System, Sanders is passionate about helping his clients get ahead in property and avoid the same mistakes he made early on before he truly educated himself in property.

https://youtu.be/4NE7yyKua28

What we cover in this episode

  • How Sanders arrived in Australia with $50 in his pocket
  • Sanders’ foray into property from his nursing career
  • Correcting costly investing mistakes by getting educated
  • Choosing an investment strategy
  • The banks’ assessment of positive cashflow
  • The power of accumulation
  •  Sander’s top tips for getting ahead

Quotes

“If things are not working and you realise that this is the end of your future and the end of your family, that’s when you think of new ideas and look at what the possible solutions are, so I knew it was a hard task to do but it had to be done” Sanders 3:53

“I kept on dreaming so I said what else can I do to make my life better so then number one I looked at getting more educational degrees in nursing that was option #1, number two I looked at getting multiple jobs and then number three option was to look at what investments are around” Sanders 5:45

“You can work 24/7, you can have five or ten jobs but saving money is never easy” Sanders 11:41

“Without making mistakes you’ll never learn so to me it wasn’t a mistake, it was a stepping stone” Sanders 14:22

“You just have to come up with your plan to say this is the plan that you want and then execute that plan very well and actually follow it through” Sanders 21:09

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