How You Can Be 3-7 Years Away From A Multi-Million Dollar Property Portfolio
Many of us did not get the privilege of learning how to become financially abundant during our schooling years – in fact, the education curriculum didn’t even cover taxes let alone how to structure a basic budget. It’s no wonder then that so many people don’t realise how close they are to being able to create a multi-million dollar property portfolio that has the potential to set them up for life!
Let’s explore this further.
Using real estate to become a successful property investor is underpinned by one very important philosophy – profits are better than wages.
Fundamentally, we get into the game to make money from steady and increasing income which creates a profit from the properties we own. On the other hand, wages are money exchanged for time, skills and labour. You don’t put in the hard yakka – you don’t get paid.
For some this may be ok, but for others there comes a time in life when they’re ready to work less hours for someone else, to concentrate on other things they love while still getting paid.
The answer to this equation is real estate.
THE GOAL OF AN INVESTOR
The goal of property investors in the market is to target optimistic returns.
If you fully accept that profits are better than wages, it will serve you well for a lifetime. I wish somebody had taught it to me at school, but I went for 12 years without hearing it once. It wasn’t even mentioned at the real estate college I attended.
Understand that companies, banks and institutions are all hunting profits and that they’re all hunting in the same safari park as you – the Australian property market.
Yes, learning how to create your own profits comes with time and experience but the payoff is worth it.
WHY DON’T MORE PEOPLE INVEST IN PROPERTY?
However, this does beg the question – if property investing is such a smart and lucrative profit making machine then why don’t more people do it? As a professional who’s worked in the industry all my life, it still surprises me that more people aren’t scrambling to have a cluster of properties all working for them to generate passive income. The reality is that for most, owning multiple properties simply feels out of reach.
On top of this, many don’t know where to begin when it comes to creating long-term sustainable wealth for themselves.
WE MUST SEEK THE KNOWLEDGE WE NEVER GOT
You would think that in the privileged country of Australia, wealth creation would be passed down from one generation to the next; a parent would coach their child and so on.
These invaluable lessons and strategies would find themselves into the education system and we, as a nation, would empower our citizens with the sensible means of becoming prosperous!
However, very few people obtain the necessary education to make sound financial decisions. For many of us – our upbringing did not embrace the art of wealth creation. For the majority of Australians, the success that is ‘making money’ is entirely misunderstood and seems unattainable.
I mean, one can go to school and be educated for 12 years in Australia and still graduate with no economic understanding whatsoever.
So, we actually have to seek the knowledge as we grow.
REAL ESTATE CAN CHANGE YOUR LIFE
When I realised that I could create riches by using controlled debt, and leverage it into real estate to make millions, naturally my world changed forever.
Yours can too!
The only caveat is that you need to have an open mind. I want you to recognise that no matter what your background; there are major opportunities available to you through real estate, but you have to be willing to grab them with both hands.
BUILD YOUR PORTFOLIO TODAY
A person with drive and initiative is no more than three to seven years away from a multi-million dollar and self-sustaining property portfolio. It just takes support from the right people to get you started.
Join our team of real estate experts at one of our free investing seminars. These special events are run by real-world property gurus who know how to get you into a position where you’re creating real profits from increasing levels of passive income.
Spots are limited so book now!
Sam Saggers
Recent Articles
10 Ways To Save For A House Deposit [For Investors Or First Timers]
Saving for a house deposit to get onto the property investment ladder is tough. Especially with the cost of living drastically going up. After bills, rent/mortgage, groceries, petrol, insurance… there isn’t a whole lot left for saving. But that doesn’t mean it’s impossible! By adopting these 10 ways to save for a house deposit you’ll be ten steps closer to building out your portfolio and creating future wealth.
Learn Property Investment In 2022 – Where To Start!
With a commitment to learn property investment and all its ins and outs you’ll be able to grow a booming property portfolio, enjoy passive income streams and eventually create financial security for retirement. Here’s a list of how you can get started…
5 Questions To Ask Before Investing In A House
Some may stumble across a business opportunity, or perhaps investing in shares, but our go-to vehicle is real estate. Real estate is a long game that has the potential to provide generational legacy wealth, if done correctly. To set yourself apart from the 99% of investors who fail, you need to ask these 5 questions before investing in a house.
How To Protect Your Real Estate Assets For Long-Lasting Wealth
Protecting your real estate assets is perhaps more important than building them. Obviously we always hope for the best, but there are many things that can go wrong and when they do, you and your assets are at risk. Incorporating prevention measures into your investment strategy could be the difference between you continuing to build out your wealth or losing everything you own.
How Investors Can Use Equity Lock To Grow Their Portfolio
How to make money from subdividing land largely depends on how you choose to do it. One thing for sure though is that when done right, it can catapult your portfolio significantly in a very short time!
How To Make Money From Subdividing Land?
As an investor, there are many different strategies that you can employ to generate wealth, and a strategy that is great for instant equity gains is subdivision. But, while it sounds like an exciting project to take on, how do you actually make money from subdividing land?
The Money Management Skills You Need For Real Estate In 2022
Real estate is the perfect asset structure for wealth building, but it has to be done right – and that means having solid money management skills to back you as you make these major financial decisions. Some of these skills may seem obvious – like having a budget – but you’d be surprised how many young investors didn’t get to build this foundation of knowledge through their school or home life.
10 Property Investment Tax Mistakes To Avoid
Tax isn’t often one of those conversations that give investors the warm fuzzies, especially when we’re talking about the 10 property investment tax mistakes to avoid! But it’s important that property investors reframe their thoughts around tax. Owning real estate can actually be incredibly tax effective – in fact some might say tax is a secret weapon for property investing.
How Lenders Assess Valuation Risk Factors When Financing
Ever thought you’d picked an absolute winner of a property only for the bank to come back with a list of valuation risk factors? It’s more common than you think, particularly in a rising market where values fluctuate so much that our ideas of what a property is worth actually start to disconnect from what a valuer sees.