What is the best property investment advice in today’s market?
People generally approach property investment with the view of achieving one of the following;
- Short term profits – chunks of money that you can use to make a difference in your life now
- Long term wealth – a mountain of equity you build over years/decades so you can retire earlier and enjoy a better lifestyle
Investing in property for the long term is old school. But old school is good!
You can’t go wrong with buying and holding property – assuming you buy the right type of property for a good price and you can afford to hold it for a minimum of one full property cycle [normally around 7-10 years].
But what’s the best property investment advice for making short term profits?
The sort of profits you can use today to; go on a holiday, by a new car, pay off your credit cards or put a deposit on a new home.
There’s really only one way to make short term money in real estate;
- Buy a property
- Add value to it [This the Key!!]
- Sell it for a profit [OR refinance it so you can access the built up equity]
The goal is to add the largest amount of value to it, for the least amount of cost, in the shortest amount of time.
There are many ways of adding value to a property but what is the best way?
I’ll give you a hint; it’s not buying and subdividing land; it’s definitely not developing/building new properties; and it’s not buying apartments off the plan that don’t settle for 2-3 years.
The best strategy hands down is … Property Renovation!
It’s simple. It’s cheaper. It’s much faster. It carries less risk. It’s predictable.
Want to learn how to buy and renovate and sell property for predictable profits, every time?
Attend our free seminar on Thursday September 13th.
Here are the seminar details:
WHEN: Thursday 13th September 2012
TIME: Register 6:15pm – Start Time: 6:30pm Sharp
WHERE: Hilton Hotel, 264 South Rd [Cnr Sir Donald Bradman Dr], Hilton 5033
RSVP: C.O.B. Wed 12th September [seats are limited to 20 so RSVP is essential!]
Hope to see you there.
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