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My life long interest has been in property and finance.
After leaving high school I worked in the banking industry for 10 years before moving into manufacturing.
The reason for choosing manufacturing was that it paid considerably more than I was earning in the bank which allowed me to achieve 3 goals:
1/ Purchase a home and repay the mortgage in full, in 5 years
2/ Purchase a portfolio of commercial investment properties
3/ Own a Glider (Sailplane)
After 13 years in manufacturing I started a mortgage brokering business which quickly grew to be one of the largest in New Zealand.
In July 2011, I sold my business and concentrated on writing a book called "Hammer That Mortgage". The book draws on my experiences in banking, mortgage brokering, investing and most importantly shows how I repaid a 25 year mortgage in full in just 5 years.
There are some excellent tips and tricks which I'm sure you will enjoy.
on April 18, 2012 :
I read “Hammer that Mortgage’ by David Tillman recently and I have to say it will and has already changed my whole approach to my mortgage which in turn will have a big impact on my life. I have bought and sold property for many years so I am definitely not a novice and I am familiar with most of the concepts in the book. Its great value however is in making a simple but powerful argument for not being apathetic or allowing lack of action to financially stall your success or ability to create wealth. I thought having interest only loans was a way to have more with less but having read David’s book I realise there is much more to be had by doing things a little differently. I will now be mortgage free in 4yrs so it is working for me already!! I also passed it on to my team at work and it has certainly changed a few other lives as well!! Highly recommended.
Thanks for a very enlightening read!!
(reviewed the day of purchase)