Often we want to set ourselves up for life, but we may be not sure how to do it?
Today at least you will learn a Strategy through Property that will take you a long way on this path.
When most investors starting out have an idea of owning a few investment properties or what we call a portfolio of property. At the approach to the first purchase is where this often stops...... yes at the very first property. If you get your first investment property purchase wrong you can't leap forward into more properties. This is so important today, more so than ever before as lending in Australia has tightened up due to APRA & lending ratio changes meaning our Equity & Serviceability will be absorbed if we chose the wrong property first up. This will then mean a long wait for the ability to go again with another property. This is the exact reason why only 9% of Australian's own more than 3 investment properties.
We must create additional equity in your first investment property purchase if you are trying to reach the up to 4 properties within 18 months, this is the key to our Multiplier Effect to your success. Once we generate this additional equity then we can get underway on Portfolio building. The few criteria that allows this success is sufficient equity base and serviceability to commence on the right foot. Most commonly we use a small development of only 2 properties on the same residential site as this means you still qualify for the best and lower interest rates available and fall under residential lending. If you try to develop 3 properties on the same site, you fall under commercial lending and even achieving the capacity to do this today is massively reduced. The 2 properties per site works, it creates equity and allows us to then use that equity in a variety of different options.
Once you have your initial 2 properties and we have the choice to utilise this equity then we can look to once again repeat a similar package or we can always tailor a property plan for you at any stage, from commencement or for post the first "Equity Builder Purchase". This type of result could mean you achieve typicallly close to $80,000 per year in rental income indexed in properties that can pay themselves off on Principal & Interest loans within 15 or so years, earlier if you contribute to the mortgage reduction too.
If you could achieve $80,000 per year indexed from property plus your superannuation and other investments you may have, how would your retirement be?
We have achieved this success not only for clients but we have implemented this strategy ourselves....... it works.