{"id":20839,"date":"2018-04-12T01:00:57","date_gmt":"2018-04-11T15:00:57","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=20839"},"modified":"2018-04-12T01:00:57","modified_gmt":"2018-04-11T15:00:57","slug":"rebuilding-after-divorce-rob-flux","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/","title":{"rendered":"Rebuilding after divorce \u2013 Rob Flux"},"content":{"rendered":"<p><strong>Rob Flux<\/strong> has built his property portfolio two times over after a divorce left him starting again in his late 30s. Rob joins us for this week\u2019s success story and we learn that since that set back, he\u2019s since transformed his wealth with a clear combined cash flow and development strategy, allowing him to retire financially free.\u00a0\u00a0 Hear Rob\u2019s story.<br \/>\n<strong>Transcript:<\/strong><br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Earlier this week, I released a video that I did with Rob Flux. Rob is featured in the current edition of\u00a0<em>Your Investment Property<\/em>\u00a0magazine as a success story. I want to take a different tack from the video. Go and have a look at that because we talk a lot about Rob\u2019s strategy, how he\u2019s built that over time. But I want to talk in this interview about mindset.<br \/>\nRob, firstly, welcome to the show and thanks again for your time.<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>No problems, Kevin. Thank you.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>I want to talk to you about the difficulty of restarting. And just a bit of a backstory here, you\u2019ve built a very healthy portfolio, which has now allowed you to retire, but you\u2019ve done it twice because of a divorce. Now, we don\u2019t want to focus too much on that, but I\u2019m interested to hear from you what happened after that, the fact that you pretty much had to rebuilt it all.<br \/>\nHow did you go about it? What was the inspiration, Rob?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>The inspiration was\u2026 I guess, first of all it took me 20 years to build it the first time around, so the inspiration was to try to find a way that didn\u2019t take me 20 years again. But the inspiration came from reading a book from Robert Kiyosaki,\u00a0<em>Rich Dad Poor Dad,<\/em>\u00a0which really gave me the impetus to try and turn this into a business rather than a part-time hobby, which it was previously.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>How important was mindset? Is that what you discovered out of that book?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>Yes, absolutely. I would say that 20% of it is skill, 30% of it is effort, and 50% of it is mindset.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Yes, makes it pretty important, doesn\u2019t it?<br \/>\nHow were you financially at that time? Did you have the capital to get going, or did you have to re-invent how to do it without any money?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>I won\u2019t say that I was completely broke, but I certainly didn\u2019t have the wealth that I started with. I did originally own my first house outright at the age of 24, and at the age of 38, I no longer owned my house. So, I was starting from a fairly low base.<br \/>\nThe challenging part is there are always three problems you need to solve with finances. One is equity in order to come up with the deposit to purchase a property. Two is serviceability in order to service the debt. And three is cashflow in order to run the deal. So, you need a combination of all three to get across the line.<br \/>\nWhat I found is that with the right mindset, I could be very creative in how I did the deal so that I didn\u2019t necessarily have to be the one who provided all three of those elements, and that I could work with the vendor or third-party joint venture partners to come up with the missing elements of that, and that I didn\u2019t have to solve the problem all by myself.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>A lot of learning inside that, and it\u2019s been a great journey. Now, you\u2019ve offered people the opportunity to learn from your experience, so you\u2019ve developed your own network group, which we did mention in that video. But I want to mention it again because I think it\u2019s a great way for people to learn from, I guess, the mistakes of others, but also the successes of others.<br \/>\nTell me about that network group and why you stated it.<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>We\u2019ve been running it for a little bit over six years. It started out as a bunch of mates sitting around a kitchen table all trying to help each other across the line with their own projects, very much in a \u201cpay it forward\u201d type capacity where we were helping each other first knowing that if we helped the other person, they\u2019d be able to help us when we needed it.<br \/>\nThat outgrew our kitchen into the lounge, and then outgrew that and went public in about June of 2012. We have close to 750 people in that network group now, and we get between 60 and 75 people to every meeting that we run once a month as a meetup group called Property Developer Network.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Okay, and that\u2019s how you can find it if you want to get along to that. It\u2019s a Brisbane-based group called Property Developer Network. If you Google that, you\u2019re going to find two websites. The other one I want to talk to you about as well as the network group is the two-day event that you\u2019re running in May. That\u2019s focused on mindset.<br \/>\nDoes that have a lot to do with the journey we\u2019ve talked about in this chat?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>Yes, absolutely. I\u2019m going to reveal a little bit of my soul in that. It\u2019s on the 5<sup>th<\/sup>\u00a0and 6<sup>th<\/sup>\u00a0of May. It\u2019s called the Psychology of Property Development. It\u2019s really trying to get people in touch with some of the challenges that they\u2019re going to face with that mindset challenge. There are always going to be obstacles on the way, but it\u2019s really about whether you treat those obstacles as something that is\u00a0<em>in<\/em>\u00a0the way or something that\u2019s\u00a0<em>on<\/em>\u00a0the way to your success.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Very good. So those dates again: did you say it was the 5<sup>th<\/sup>\u00a0and 6<sup>th<\/sup>?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>5<sup>th<\/sup>\u00a0and 6<sup>th<\/sup>\u00a0of May.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>And that\u2019s being held in Brisbane?<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>It is being held in Brisbane. It is open to everyone. I have people coming from Melbourne and Sydney to that event. We also run other events as well, but that really I think is the crux of what people need in order to kickstart their journey.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Okay. Go google it; it\u2019s Property Developer Network. You\u2019ll find those two websites there for the network group and also for that two-day event that\u2019s coming up in May.<br \/>\nMy guest has been Rob Flux. Rob, thank you again, and congratulations on that story in\u00a0<em>Your Investment Property<\/em>\u00a0magazine. And I really appreciate you giving me a double-up here. We did the video, which we released earlier in the week, and it\u2019s on the website right now of course in the Your Investment Property channel, and this interview too.<br \/>\nRob, thanks very much for your time.<br \/>\n<strong>Rob:\u00a0\u00a0<\/strong>No problem. Thanks, Kevin. Thanks, listeners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rob Flux has built his property portfolio two times over after a divorce left him starting again in his late 30s. Rob joins us for this week\u2019s success story and we learn that since that set back, he\u2019s since transformed his wealth with a clear&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":20840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,34,10,11,13,36,25,27],"tags":[101],"class_list":["post-20839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies-topic","category-finance-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-sponsored-channels","category-trends-topic","tag-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rebuilding after divorce \u2013 Rob Flux - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rebuilding after divorce \u2013 Rob Flux - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Rob Flux has built his property portfolio two times over after a divorce left him starting again in his late 30s. Rob joins us for this week\u2019s success story and we learn that since that set back, he\u2019s since transformed his wealth with a clear...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-11T15:00:57+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Rebuilding after divorce \u2013 Rob Flux\",\"datePublished\":\"2018-04-11T15:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/\"},\"wordCount\":1159,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\"],\"articleSection\":[\"Case Studies\",\"Finance\",\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment\",\"Sponsored Channels\",\"Trends\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/\",\"name\":\"Rebuilding after divorce \u2013 Rob Flux - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2018-04-11T15:00:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/rebuilding-after-divorce-rob-flux\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rebuilding after divorce \u2013 Rob Flux\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rebuilding after divorce \u2013 Rob Flux - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/","og_locale":"en_US","og_type":"article","og_title":"Rebuilding after divorce \u2013 Rob Flux - Realty Talk","og_description":"Rob Flux has built his property portfolio two times over after a divorce left him starting again in his late 30s. Rob joins us for this week\u2019s success story and we learn that since that set back, he\u2019s since transformed his wealth with a clear...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/","og_site_name":"Realty Talk","article_published_time":"2018-04-11T15:00:57+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"Rebuilding after divorce \u2013 Rob Flux","datePublished":"2018-04-11T15:00:57+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/"},"wordCount":1159,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#primaryimage"},"thumbnailUrl":"","keywords":["podcast"],"articleSection":["Case Studies","Finance","Kevin Turner","Kevin's Update","Latest Stories","Property Investment","Sponsored Channels","Trends"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/","name":"Rebuilding after divorce \u2013 Rob Flux - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#primaryimage"},"thumbnailUrl":"","datePublished":"2018-04-11T15:00:57+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/rebuilding-after-divorce-rob-flux\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Rebuilding after divorce \u2013 Rob Flux"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/20839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=20839"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/20839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=20839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=20839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=20839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}