3 Things you need to be a successful Investor | Property Minute with Ahmad Imam

Property investment is not a get rich quick scheme and those who have been successful in property investment work on 3 core fundamentals

1. Leverage

Leverage is the ability to use other people money (such as the banks) to help grow your asset base.

It’s the ability to take $100,000 of your money and use it to borrow $500,000, so you can have $600,000 working for you.

2. Compounding

CompoundCompounding is focusing on high growth assets that are worth more and grow faster the longer that you own them.

It’s buying an asset of $500,000 and, over time seeing it its growth compound into a $1million and then eventually $2million and on it goes.

And successful investors do this multiple properties so they have multiple levels of compounding working for them.

3. Time

The more time you have, the more compounding can occur and the more wealth you can create.

The world of property investment can be rather complex and confusing so it always best to keep things simple and just stick to these 3 core fundamentals.

wealth-retreat_hor
icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Ahmad Imam

About

Ahmad is Director of Metropole Properties Sydney and a highly skilled wealth strategist. He is a passionate property investor, has a degree in Commerce, is a licensed estate agent and qualified property investment advisor and has personally coached and educated hundreds of clients to create wealth through property.
Visit www.SydneyBuyersAgent.com.au


'3 Things you need to be a successful Investor | Property Minute with Ahmad Imam' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


facebook
twitter
email