Property Hunter Magazine Property Hunter Magazine Issue 52 - March 2014 | Page 82

/// Contributor Ahyat Ishak Investment Expert Ahyat Ishak is the author of the bestseller “The Strategic Property Investor” book and the founder of “The Strategic Property Investment Model & Program”, which has helped many Malaysians create immense and sustainable wealth through property investment. He first began property investing for more than a decade ago and became a property millionaire before the age of 30, having started from humble beginnings. Through his experience and learning from many successful property millionaires, he has discovered the REAL Wealth Formula™ and has also trademarked his Strategic Property Investor Model™, which is the framework for his highly acclaimed workshops, seminars and talks. Academically, Ahyat Ishak has an IT Degree and MBA with the University of Southern Queensland (USQ), Australia, specializing in Strategic Marketing. He also holds the CPT or Certified Professional Trainers with IPMA, UK. Professionally, he is an entrepreneur and is the executive director of his family’s group of companies, which he 1st joined in the 90’s. This group has businesses ranging from services, technology, trading, foo d, agriculture and property investment. Website: www.ahyat.com YouTube channel: AhyatPropertyTV While the author makes reasonable efforts to present information which he believes to be reliable, the author makes no representation that the information or opinions contained in this article is accurate and complete. Readers are advised to seek specific professional advice before acting on the views. 82 www.PropertyHunter.com.my Property Bubbles (Part1) 3 Things I Learned From My 15 days in Spain – Portugal I just came back from my 15 days Property Exploration from the 29th January to 12th February. It brought me into 2 nations; Spain and Portugal, 3 ghost towns: Ciudad Valdeluz, Sesena and Castellon Airport and 7 cities: Barcelona, Madrid, Seville, Cordoba, Granada, Valencia in Spain and Lisbon in Portugal. It was a blitz of an exploration, after flying 18hours from KL to Barcelona, with a transit in Doha, Qatar which was only a 10,500 km distance one-way, traversing 3,500km within the Iberian Peninsular of Spain – Portugal, in 15 days, meeting 10 property investors there and learning as much as I can from them. The experience and lessons I will keep forever, from investors who have seen it all, the crazy BOOM and the equally devastating CRASH! Here are the first 3 powerful lessons, Part 1 of a series that I will be sharing in my articles to come, that I bring back from my Spain – Portugal property exploration. 1 # Knowledge Will Liberate You From Fear I came back from this property exploration feeling like a new person. I was humbled at the experience of my travels and interviews with the investors there. I got jolts of excitement and fear running through my spine listening to their stories of the boom and bust. But the fear I had quickly turned into motivation. I realized something powerful was happening to me. The more I pursue knowledge about property bubbles and how devastating its impact is to investors, the lesser I fear it. With knowledge, I was liberating myself from fear! We’ve all heard this adage before, “The only way to rid yourself of fear, is to face it!” Property investors today cannot operate with fear. It is a silent emotion that distorts your investment senses and disrupts your natural ability to make sound investment decisions. Too many property investors fear property bubbles, and too many times I’ve been asked to talk about this taboo of a topic. Why should it be a ‘forbidden’ topic to talk about? Why do investors fear it so much? In most instances, we fear the unknown. Lets talk about property bubbles; the booms and the bust not with the intention to incite fear, but rather, to liberate us from fear! Only once we can operate without fear, can we truly be invincible investors!