As a property investor you’re always looking to grow your portfolio and increase your returns, but have you considered how you can achieve 10 times the results you’re currently getting?

It may sound daunting, but with the right strategies it is possible.

I’ve been thinking about this a lot lately as I work with my business coach to 10-times my company. This put my brain into overdrive, and then I uncovered the formula.

Here are five steps to 10-times your portfolio:

1 Set an Unreasonable Goal: The brain always needs to be working, the question is what are you giving your brain to do? Do you allow your brain to create problems or confirm small thinking is right to keep yourself firmly planted in your comfort zone? Instead, challenge your brain to aim high, you’ll push yourself to think creatively and come up with new strategies to succeed. For example, if you currently own five properties, aim to acquire 50.

2 Connect with Experts: Think “who” not “how”. Who do you need to help you? Who is your mentor? Who do you listen to when you decide what’s reasonable and unreasonable? Who has the solutions to the problems you need to overcome to reach the next level? Who can motivate, inspire and drive you to succeed?

3 Let Go of Dead Weight: The old 80/20 rule. Eighty per cent of what you do gives you 20 per cent of your results and 20 per cent of what you do gives your 80 per cent of your results. If you let go of the 80 per cent what exactly are you letting go of? If 20 per cent of what you do delivers 80 per cent of your results, that is where you need to focus your attention.

4 Challenge The Impossibilities: Your conscious mind will quickly tell you all the reasons it’s impossible to 10-times your portfolio. Use it! Identify the beliefs and problems that are holding you back from growing your portfolio, write them down and then challenge them. If you believe that owning 50 (or 100) properties is impossible, finish this sentence: “owning 50 properties is impossible for me unless …”

5 Find Creative Solutions: Instead of focusing on the obstacles that stand in your way, find ways to overcome them. Brainstorm different solutions and evaluate their feasibility. Don’t be afraid to think outside the box. Some creative solutions might include joint ventures, money partners or quadrant three deals to boost your cash reserves. Find out what you don’t know and let’s make the impossible possible.

By following these five steps you’ll be well on your way to growing your portfolio by 10 times. Set an unreasonable goal, surround yourself with experts, let go of properties that aren’t serving you, challenge your problems or limiting beliefs and find creative solutions. That’s my speciality. Give me a problem to find a strategic solution.

If you’re a big thinker like me and you’d like to 10-times your portfolio with me, let’s talk. Drop me an email or give me a call and let’s talk about how I can help you get there.

Nichole Lewis is CEO at The Property Lifestyle, an international best-selling author, property mentor, public speaker and passive income expert. Creator of Property Quadrants™ formula, she helps people replace their salaries with passive income. Contact Nichole to talk property and see how she can help you nichole@thepropertylifestyle.co.nz, 021 582 107, www.thepropertylifestyle.com, www.nicholelewis.com