Published on August 9th, 2016 | by Brandon H0
Dymphna Boholt – Founder of I Love Real Estate
A dynamic individual in every sense of the word, Dymphna Boholt has enjoyed a truly remarkable professional career in which she has achieved success in each and every one of the diverse endeavors she has chosen to pursue. With previous experience as an accountant, an economist, an international investor, a real estate strategist, and an author of a popular series of books, Ms. Boholt is a unique talent whose principal focus is now on sharing her vast expertise on finance and investing — among countless other subjects — with others through speaking engagements and mentoring programs.
Where were you born?
I was born in a very small town and was raised on a very small farm in Central Queensland, Australia, where I learned a number of lessons I would eventually apply to my investment strategies. In fact, my first investment was a cow — I was just four years old at the time — that over the years I bred with other cattle and eventually had a herd of my own large enough to subsidize the degree I went on to earn in accounting and economics from the Australian National University in Australia.
What’s your favorite film?
I really enjoyed “A Beautiful Mind,” “3:10 to Yuma,” and “The Water Diviner” — all of which featured Russell Crowe — but my favorite is “Proof,” which probably deserves greater acclaim than it received outside of Australia.
What’s the best advice you ever received?
The best advice I ever received was from Dr. Dolf de Roos, who reminded me that it is far too often the case that professionals make the mistake of “trading time for money.” After heeding this advice, I began focusing more on real estate investing. I could not be more grateful that Dr. de Roos’ advice served as the impetus to shift my focus away from the flawed time-for-money approach.
What’s your biggest accomplishment to date?
The accomplishment I am most proud of has to be the fact that I was able to raise such wonderful children while also achieving such immense professional success. I always hear about how other people feel like they have to sacrifice one to have the other, but I never felt the need to do so.
What was your first job?
My first job was on a cattle station working as a “jillaroo.” My experience as a jillaroo not only prepared me for a career on a cattle station, but it also allowed me to gain a deeper understanding of how to go about creating an investment strategy as well as how to build a strong investment portfolio.