#Dr dolf de roos real estate riches how to
#Dr dolf de roos real estate riches install

But he reckons the really clever thing he discovered while studying was how most people are not wealthy - particularly electrical engineers - but that those who are rich have a few factors in common. He graduated from Canterbury University, and worked on a project there in the 1970s in which students helped to develop a new sonar system for deep-sea divers. De Roos has a PhD in electrical engineering. When he returns to New Zealand soon for his speaking tour and to run his property schools, he will bring his wife and daughter, making the travel a little more endurable. The couple have a 14-month-old daughter, Isabella, and the family are considering moving to Christchurch or Queenstown because de Roos has got a taste of the nesting instinct and is wearying of his intensive travelling schedule.

#Dr dolf de roos real estate riches install

The second is to install a new mailbox: 'People often judge a property poorly if they see a rusty old letter box out front.' De Roos married an American. It will make them look bigger,' is the first gem of advice. As a taste of the fifth book, de Roos is keen to impart a few tips for investors who own property to let. It will be followed by Dolf on property - 10 years of real estate wisdom. His fifth, due out in the United States at the end of July, is 101 ways to massively increase the value of your real estate without spending much money. The headline on his March article was 'How not to pay off your mortgage'. De Roos writes a column for the Auckland magazine. 'Such a country exists! It is New Zealand.' Andrew King, editor of the Auckland-based Residential Property Investor magazine, sings the praises of de Roos and particularly his promotion of New Zealand through the book to an international audience. 'Imagine I told you that there was a Western country where there was no capital gains tax, no estate or death taxes, no wealth tax, no transfer tax or stamp duty, unlimited deductibility of losses (paper or real) on one enterprise against profits in another, no limit on the amount of mortgage interest you can deduct against income and generous depreciation rates based on purchase price and not written-down book value as passed on from owner to owner,' de Roos writes. It has been on the Wall Street Journal and New York Times best-seller lists in the past few months, and includes a chapter recommending buying residential property in New Zealand.

#Dr dolf de roos real estate riches how to

De Roos' latest book is Real Estate Riches - How to become rich using your banker's money (Addenda, $32.95) and has a foreword by Robert Kiyosaki, who wrote the Rich Dad series of books. His series of mainly self-published books are still on sale and he regularly returns to do the speaking circuit, peddling his message about how to get rich. De Roos now lives in Phoenix, Arizona, but he remains an influence on property investors in New Zealand. But he admits to being so wealthy that even after losing 'around $1 million' in the 1987 sharemarket crash through a handful of disastrous New Zealand shares, he could emerge wealthy and boast that he has never had a job. How much he owns, he refuses to say because, he says, some people will sneeze at it and others will envy him.

They include a funeral parlour in Ashburton, an inner-city Christchurch apartment, a Gibbston Valley vineyard near Queenstown and many other houses and flats in New Zealand and the United States. At just 44, he claims to have property assets which span the globe. As a multi-millionaire, born in Holland but having grown up mainly in New Zealand, it saddens de Roos to remember how hard his parents worked.

They ran a hotel in Dunedin, shifted for better prospects to Wanganui, and then moved to Australia's Gold Coast to run a shop. The Dutch couple knuckled down to hard work. They had arrived during the lead-up to the 1951 watersiders' dispute, a time which Holland famously labelled 'industrial anarchy'. It took them some time to realise that people were not expressing anti-Netherlands sentiments, but anger at then Prime Minister Sir Sidney Holland. By ANNE GIBSON When Dr Dolf de Roos' Dutch parents migrated to New Zealand from Holland, via Indonesia, they were surprised to see banners on the waterfront saying 'Down with Holland'.