Property Investing is far and away the best way to build wealth over time. There’s an old saying: “God, isn’t making any more land”. Whether it’s God or geological movement, it’s true, land is static and that’s a good thing.
Property Investments have proven themselves to be the one truly failsafe investment. The reason is there are multiple revenue streams to be had and unlike other investments, those revenue streams have far less of a possibility of going away. Unlike investments like stocks, bond, and commodities, there is very little monitoring that goes on to make sure your investment is always producing. There’s also no panic of your property going south in the blink of a computer cursor.
Whether you buy single family homes or multi-family homes, you’re going to make money. Let’s look at where that money comes from.
First, you’re going to have the Rental Income and over time, that income gradually increases while your mortgage stays the same.
Then there’s the equity. As your Rental Income is coming in and you’re using it to pay down the mortgage, you are increasing your equity in the property. You can use that equity to buy more property and begin the cycle again. Banks love to use property as security and will take you seriously when you’re looking for more investment capital. That is a serious income stream.
Of course, you’ll also benefit from the increase in value of the property itself. Typically, in Australia property values double every 8-10 years! Imagine that – while you’re paying down your mortgage your equity is increasing without doing a blasted thing!
People are always going to need homes. That’s your motivation right there to invest in residential property. There is a captive audience, or demand for your property, and you’ll have the supply. There’s very little risk in a Real -Estate Investment Strategy, unlike other investments.
How easy is it to do?
That depends on your level of discipline. It will be a little more difficult to get started than it will be to grow, but once you’ve begun, the sky’s the limit!
- You can get great advice on how to start and maintain your Residential Property Investment portfolio.
- You can attend Property Investment Workshops given by our team of proven experts in the discipline of investing in Australian residential properties.
- You can also take advantage of their free resources including the first three chapters of 7 Steps to Wealth a must have guide for anyone looking to begin creating wealth on their own terms.
Investing in Real-Estate is fun, profitable and requires very little effort. For more information about how you can start your Real-Estate Investing adventure, contact us and we’ll be happy to help.
No comments yet.