Billionaire Harry Triguboff has investing down pat, and we could all learn something from his amazing success.

Harry Triguboff is the Chairman and Managing Director of Meriton Apartments, a company that has built almost 50,000 residential dwellings, mainly townhouses and apartments, since its creation in 1963. He personally owns 3500 of these apartments.

Triguboff invests in property because; “Property is best – because we never have enough. We have never had enough since I started developing 45 years ago.” He doesn’t invest in the stock market – although he does own a small portfolio – nor in racehorses.

He believes that people should own something steady. Something that is trustworthy and that will provide great long-term returns. Property is the best investment that fits that description.

Due to his immense contribution to the Australian property market and his superb investment strategy, Triguboff has been named Property Person of the Year of 2009.

We can all learn something from Triguboff’s investor mindset. We recommend that our clients target three or four investment properties to fund their retirement. However, Triguboff’s success story shows that once you have made a start in investment property, you can keep going, and keep growing your portfolio.

For many people, investment property ends up being far more than a financial strategy; it can become a rewarding full time career.

The toughest part is when you make the decision to buy your first and find the best investment property. People are understandably fearful of the unknown, and are worried about making a big mistake involving a lot of money. After the first one it becomes a lot easier, and numbers 2, 3, and 4 become easier and easier each time. I wonder how it might feel to be making the 3,501st decision!

What an incredible story, and what an inspiration to those of us who are involved in a small way, with only a few properties, but whose goal it is to do more. Congratulations on your achievements, Harry Triguboff, and thank you for confirming that the investment property route is the best way to go.

If you would like to learn more and discuss how McCarthy Group can assist you in starting your own property portfolio, click here.

McCarthy Group provides professional property investment advice on strategies like negative gearing.  Find all the investment properties hot spots and discover why property investing is a stable option.  For property investment Sydney, contact us now.