Pete Lonton – Stick With Your Successful Property Investment Model

<p><a href="https://www.linkedin.com/in/mightypete/" rel="noopener noreferrer" target="_blank"><strong>Mighty Pete Lonton</strong></a> from the<a href="http://hyperurl.co/fireinthebelly" rel="noopener noreferrer" target="_blank"> Fire In The Belly</a> show is an author, soon to be TEDx speaker (Jan 2021), podcast host, mentor, entrepreneur, property investor, husband, and father of three beautiful girls.</p><p>Pete’s background is in project management and property, but his true passion is the ‘Fire In The Belly’ show and project. His mission is to help others find their potential and become the mightiest version of themselves.</p><p>Pete openly talks about losing both of his parents, suffering periods of depression, business downturn, burn-out, and ultimately his years spent not stoking ‘Fire In The Belly.’ In 2017, at 37.5 years of age, that changed, and he is now on a journey of learning, growing, accepting, and inspiring others.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“Not everything that shimmers is gold. Just because it looks good and it smells good doesn’t mean it is good.”</strong></p><p class="ql-align-center">Pete Lonton</p><p>&nbsp;</p><h2><strong>Worst investment ever</strong></h2><p>Pete started investing in property 20 years ago in his early 20s. It has always been something that has worked for him in the background. Pete, over time, came up with a very successful<a href="https://myworstinvestmentever.com/ep278-daniel-st-jean-decide-on-your-investing-system-and-follow-it/" rel="noopener noreferrer" target="_blank"> property investment model</a> that was super simple. The model looked for a 10% growth yield that brought a return on investment in three years. Pete retained the asset but would add value to it or buy an undervalued property and get it back up to value.</p><h3><strong>Exploring new opportunities</strong></h3><p>Pete had the opportunity to meet somebody who was a much bigger investor than him. The man was heading towards retirement, and his portfolio was about ten times the siz