Property Mentor Sean Wood – Getting An Early Start

PropertyTutors Limited owner and Property Master Sean Wood had an unusual start to his adult life but he wouldn’t swap it for anything as it taught him a lot about life, money, how to make it, how to invest it and how to lose it!

Starting out Sean was encouraged to leave school when he was fifteen years old.  It’s not the start into adult life you’d wish on most teenagers but Sean was not focussed academically.  His first job was washing cars while his elder brother was studying law at university.   Sean’s supportive parents however gave him confidence to be the person he wanted to be and after 18 months he headed to Australia where his parents were living.

As a car salesman Sean excelled and he was then offered a job with an Australian transport company in their Bahrain office.  Living in Bahrain introduced Sean to the finer things in life.  A large home with servants, luxury car and like most of us would, he enjoyed them.  However a subsequent move to Egypt had Sean desiring the comforts of New Zealand again so he returned and after a stint in Wellington moved back to Auckland with the same Aussie Transport company as their NZ Ops Manager.

While Sean was in Wellington he was approached to attend a commercial property seminar and that changed the game for Sean.  He realised he could make a lot more money from commercial property investment than he could from his day job – so he left his day job!

However then there was the market crash of 1987 – Sean had made $1.8 million in 18 months and lost $1.7 million in 10 days!

What Sean realised a year or so later was if he had invested in residential property at the time instead of commercial property he would have been where he is today – back then in the late eighties.   Such is life!

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