Eric bought his first property in 1971 as a 21^st birthday present for his wife.

 

It was a 3 bedroom weather board house in Te Atatu North that cost $11,000.

 

The suburb is now called Te Atatu Peninsula and the property has doubled in value approximately every 7.5 years so that it is now worth about $400,000 which was an unimaginably huge sum in 1971.

 

Eric began his business life early owning businesses in marketing, education, technology, fashion and tourism.

 

He retired in 2001 but after a couple of years decided to do something useful with his time. 

 

These were years of debate about the absence of a national superannuation plan for New Zealanders and, from his own experience, he knew that superannuation plans, unit trusts and managed funds in all their forms failed to provide a secure equity base and inflation adjusted income that people on average incomes were seeking.

 

Eric knew that of all the types of investments, including business ownership, property was the only investment that provided hands free guaranteed inflation adjusted income and continuous equity growth with absolute minimum risk.

 

But he also knew there were many holes into which many would-be investors fell and got badly hurt while attempting to emulate the rich and famous they’d read about in so many books and publications.

 

Many developers, marketers and promoters of various types of property from apartments, to time share, to hotel holidays, etc. vied for the same marketplace dollars by dazzling and, often befuddling, consumers with their numerous plans and schemes.

 

While Eric has maintained and pursued his passion for property since 1971 in several countries including New Zealand, Australia, Philippines, USA, Spain and Central America, he now takes much satisfaction from helping people realize their financial goals by acquiring their own property portfolio without falling into the potentially ruinous holes that engulf the unwary and uninformed.

 

Since 1971 Eric has seen various governments fiddle with the tax on property, economists and journalists rant and rave, national superannuation schemes demolished and created, charlatans defraud thousands of investors, economies rise and fall; but after all of this, personally owned residential property remains as the ONLY safe investment providing benefits far superior to ANY other form of superannuation, insurance, stock or asset including gold

 

Eric chooses to work with Compass Property Investments Limited because of the integrity of the company management and the quality of the properties offered to investors that are guaranteed to provide a safe haven for investor’s savings and tax dollars providing financial benefits through retirement and, after death, as a bequest to loved ones left behind.