Property Investment Articles
Hitting a limit within your investing
Sometimes its easy to compare yourself to others and think you aren’t doing well.
This week, I had the pleasure of speaking with an avid property investor who had on a very modest income managed to accumulate a whopping 4 properties in a major metropolitan centre.
This was with no help from anyone.
He was frustrated that although he had amassed a significant amount of equity in the last few years, he still didn’t have a huge level of income to go with it. He was also aware that he had hit a limit with the banks.
After reviewing his numbers, the performance of each property, it was easy to see a couple of things.
1. He had done really well for someone who was earning below the median household income.
2. He needed a gently reminder that he had done all the hard yards. There were no weak links in his portfolio. In fact, even a modest future performance was going to leave him in an excellent position in 10 years.
What he needed was a reminder that sometimes property investing is boring. Sometimes you cant keep chasing the next deal. Sometimes you have to focus on debt reduction instead of accumulation.
Lesson – you don’t need much to make a significant dent in your wealth.
If you want help launching into the next level, drop me a line.
Here’s to your freedom!
P.S. Whenever you’re ready, here are 3 ways I can help you create more freedom through your property investing:
Fast Track – If you are ready to get a personalised plan and become a successful property investor, then find a time in my calendar and let’s get you started. Click Here.
Nearly Ready – Jump onto our next webinar and go deeper into some basic frameworks in property investing, get some questions answered and become more familiar with the pitfalls to avoid. Click Here.
Not ready – Jump into our private Facebook group and become part of our community and get some great information and insights into how to fast-track your results in property investing. Join Us.
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