From a farm in Central Queensland to downtown Bangkok, to Canberra University and a career as an accountant and economist; to being one of Australia’s most successful property investors, and leading real estate strategist and educator specialising in tax, asset protection and international investment, it’s no wonder Dymphna Boholt is known by many professional and personal contacts as Dymphna the Dynamo!
Born in a small central Queensland town, Dymphna began her working life as a jillaroo. Her first investment was a cow at the age of 4, which she used to breed with other cattle in the area to create her first asset portfolio – a herd. Dymphna sold her herd to pay for her university degree in Accounting and Economics, and graduated from the Australian National University in Canberra.
Upon graduation, she had fifteen job offers and chose to move to Sydney and work with the prestigious Coopers & Lybrand (One of the eight biggest accountancy firms worldwide). She also did stints as a financial controller in the liquor, mining, and the stock-broking and finance industries.
In 1994, she found herself ‘starting over’ after a divorce left her with very little money, pregnant and a toddler to support on her own. To get back on her feet, she moved to the Sunshine Coast and started her own accountancy practice, Active Financial Answers, which she has since sold.
In the year 2000, Dymphna met U.S. property guru and real estate adviser to Robert Kiyosaki, Dr Dolf de Roos. Listening to him on stage, Dymphna realised she was doing exactly what he was warning against – ‘trading time for money’. Keen to move away from the constraints of being a solo mum who was working full time, she decided to try her hand at real estate investment. She focused on properties that brought in more than they cost her. Within just one year she had accumulated a $3.5 million property portfolio, boasting $1.55 million in equity and totally replacing the income she was earning as an accountant working 40 to 60 hours per week. Through just one property purchase, she managed to generate a passive income greater than the average Australian wage.
Since that time, she has become firm friends with Dr de Roos. Her property portfolio has expanded considerably to become a multi-million dollar international property portfolio. This led her to be featured in a book in 2005, alongside the most successful property investors in the country titled Secrets of Property Millionaires Exposed. More recently, Dymphna has released her self-published book titled Protect Your Ass—ets! It is the first of a series of books she will be releasing and is about the incredibly important topic of asset protection and the need for it in Australia’s increasingly litigious society.
She is a director and major share holder of Alagrow Pty Ltd, a mining company based on the Sunshine Coast with exploration and mining licenses on one of the largest and most pure zeolite ore bodies located in Australia, and potentially the world. The tested, proven reserves are in excess of 3,500,000 tonne with estimated reserves as high as 17,500,000 tonne. With an average profit margin on mining and selling zeolite at approximately $100 per tonne the potential profitability of the mine is in excess of one billion dollars.
Alagrow Pty Ltd is currently conducting extensive research and development in the area of toxic and radioactive waste clean-up and prevention. The zeolite from the Alagrow ore body has recently been tested in Bulgaria for application as an environmental barrier and has been found to be the only known naturally forming ore body capable of this application.
Dymphna is also the co-founder and co-director of a highly successful national mentoring program based on the Sunshine Coast called WildlyWealthyWomen.com. Dymphna also organises events of her own and sells educational products around the world ranging from free and low cost articles, reports and audios through to comprehensive home-study packages on a range of topics.
She works closely with an experienced group of credit strategists called Investor Loans Network who can source finance, and more importantly, will assist investors through ongoing education and support in line with Dymphna’s real estate teachings. The main objective of Investor Loans Network is to work alongside clients to achieve their financial and wealth goals. Investor Loans Network are a national team, with strategists working in all states and territories of Australia with their clients.
Dymphna is also in great demand nationally and internationally as a speaker on a multitude of topics most of which fall under personal finance, business, taxation, asset protection, property investing or motivation/inspiration. She is regularly called on by the media for interviews or to contribute articles – see her website for her extensive list of media coverage.
The now happily remarried mother of three lives on the beautiful Sunshine Coast on her 32 acre piece of paradise, completely surrounded by rain forest, birds, creeks and other wild life.