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Struggle street to property baron

Actor Ben Mitchell may be famed for his role as Dr TK Samuels on Shortland Street, but it is his lesser-known role as an established property investor that really drives him.

Monday, February 15th 2016, 9:00AM

by The Landlord

Shortland Street actor Ben Mitchell

He will do anything for a dollar. He’s worked as an apple-picker, a waiter and a boxer. He’s bought software that picks winning horses and considered all manner of franchises and shares.

“I’m a hustler. I’m always up for using my assets, whatever they are,” Ben, who is profiled in this month’s NZ Property Investor magazine, said.

His role on Shortland Street provides job security and a “stupid” amount of money, but it is property investment that rocks his boat.

“I’ve found the language of success and I love taking control of my financial life. It really suits my personality.”

As a result, he has built up a multi-million dollar property portfolio since 2008 – and he has big plans for his future investing.

Ben’s top tips for aspiring investors are:

• Consider going into a joint venture with friends.
• Get comfortable talking about money.
• Don’t think you’re too stupid to understand finance.
• Once you’ve done your research, take action.
• Put together a team of experts to work with.
• Do the numbers – properly not roughly.
• Take your personality out of it and think strategically.

To read more about Ben’s investment journey, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

« Intensification debate heats upFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

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ANZ 5.54 5.15 5.85 6.15
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ASB Bank 5.35 4.49 5.25 5.55
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China Construction Bank 5.50 5.40 6.14 6.40
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HSBC Premier 5.49 4.39 5.15 5.39
HSBC Premier LVR > 80% - - - -
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HSBC Special - - - -
ICBC 5.25 ▲4.29 ▲5.09 ▲5.35
Kainga Ora ▲5.43 ▲4.57 ▲5.58 ▲5.85
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Kiwibank 5.00 5.55 6.19 6.39
Kiwibank - Offset 5.00 - - -
Kiwibank Special 5.00 4.55 5.19 5.39
Liberty 4.84 - - -
Nelson Building Society 5.95 4.95 5.85 -
Pepper Essential 3.44 - - -
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SBS Bank 5.29 4.69 5.35 5.49
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Select Home Loans 4.09 4.29 4.86 5.09
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The Co-operative Bank - Standard 5.45 ▲4.79 5.69 5.95
TSB Bank 5.59 ▼5.14 ▼5.79 6.15
TSB Special 4.79 ▼4.34 ▼4.99 5.35
Unity 5.65 ▲4.80 ▲5.50 -
Wairarapa Building Society 5.24 4.55 5.20 -
Westpac 5.54 5.09 5.79 6.09
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Westpac - Offset 5.54 - - -
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Median 5.45 4.55 5.25 5.52

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