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For the serious investor, there are few investments that are better than property. Residential property weathers the economic, social and political cycles better than most other types of investment.
Whatever your age or stage of life, property has both the flexibility and the wealth-building power to deliver an earlier, more secure, or more prosperous retirement.
Bricks and mortar give you security and peace of mind. Financial independence gives you choices, and above all a feeling of achievement and security and above all a feeling of achievement and security.
Property is Australia’s leading wealth creator, with more of the country’s richest individuals making their money in property than any other industry, according to a recent list of the 200 richest Australians. (BRW’s Rich 200 List, 2009)
The secret to their success?
• Commitment to gaining knowledge
• Long term view supported by strategy and planning
• Cultivating the right mind-set
• Selection of the right property in the right area at the right time
There are approximately 1.5 million property investors in Australia, most only ever own one investment property, in fact less than half a percent of these own five properties or more.
Unfortunately due to this inexperience a majority of property investors get it wrong! There are a number of factors that prevent people from buying multiple investment properties including; affordability, lack of knowledge and lack of confidence.
