Being boring can make you rich | Property Minute with Ahmad Imam [video]

I’m a very boring investor.

And I teach my clients that their property investment journey should be boring, so that the rest of their life can be exciting.

So I don’t do any hot spotting or any speculation.

I just see that as a form of gambling.

I pick proven areas. Proven suburbs that have shown strong long term capital growth.

Avoid RisksI look for areas that have an affluent demographic that suggests future long-term growth.

Of course this is not as exciting as hots potting – but it works.

I like affluent suburbs, but saying the word affluent scares people away.

It’s generally suburbs that are strong and stable.

By strong I mean they produce wealth-building rates of capital growth.

And stable means that historically they haven’t fluctuated in valuation too much.

But buying in affluent locations doesn’t mean it has to be an expensive four-bedroom house in the eastern suburbs. It may be an apartment

It just means it has to be a property that shows wealth-building rates of growth, let’s say 7 -8% plus average annual growth

And the type of property that doesn’t fluctuate in value too much.

That’s an investment-grade location.

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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


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