Remember
90% of property investors never get past the first or second investment property,
so don’t follow the herd; don’t follow the strategy that most property
investors follow.
And buying
an investment property is NOT a strategy.
Residential
real estate is a high-growth, relatively low-yield investment, so I recommend a
capital growth investment strategy.
While cash
flow is important to keep you in the game, it’s capital growth that will get
you out of the rat race, so first concentrate on building a substantial asset
base over a number of property cycles, then slowly lower your loan to value
ratios and eventually, you’ll be able to live off your "Cash Machine.”
It’s too
hard to become rich the other way around — from savings or cash flow.
In other words, invest for the long term.
Wealth is
created by building a substantial asset base and you achieve this by holding
good investments for a reasonably long time, reinvesting your income, and
allowing your capital gains to build up.
Of course,
there's much more to a successful property investment strategy than that.
You
see...attaining wealth doesn’t just happen, it’s the result of a well-executed
plan.
Planning is
bringing the future into the present so you can do something about it now!
When you
have a Strategic Property Plan, you’re more likely to achieve the financial
freedom you desire because we’ll help you:
Define your
financial goals.
See whether
your goals are realistic, especially for your timeline.
Measure
your progress towards your goals – whether your property portfolio is working
for you, or if you’re working for it;
Find ways
to maximise your wealth creation through property.
Identify
risks you hadn’t thought of.
And the
real benefit is you’ll be able to grow your wealth through your property
portfolio faster and more safely than the average investor.
Do you have
a plan for your financial future?
If so, does
it contain the following components:
1. An asset
accumulation strategy
2. A manufacturing capital growth strategy
3. A rental growth strategy
4. An asset protection and tax minimisation strategy
5. A finance strategy including long-term debt reduction and…
6. A living off your property portfolio strategy
RealRenta has all the tools that a property manager has but for
less than ¼ the 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 free vision, so why not check it out.
Jason Gwerder
Tuesday, 9 May 2023
