Property investment is part science and part art.
you need to understand and interpret data (science)
but you also need the ground perspective to employ that data (art.)
There are 4 ways you make money out of property:
· Capital growth,
· rental income,
· tax benefits and
· forced appreciation
or manufactured capital growth through renovations or property development.
But these streams of income are not all equal. Tax-free capital growth is the
most important.
Cash flow is important to keep you in the property
game, but capital growth will get you out of the rat race. You will never get rich from earned income or
savings.
You need your money working for you even when you’re asleep, so invest it in
income-producing residential real estate and use the power of leverage,
compounding, and time to grow your wealth.
Location will do around 80% of the heavy lifting of
your property’s capital growth.
RealRenta
has all the tools that a property manager has, but
less than ¼the cost of a property manager.
Join now and the cost is less than a cup of coffee a
week to manage your rental property
RealRenta also has a free vision, so why not check it
out
Jason Gwerder
Wednesday, 26 January 2022
