Here’s a $2 investment that will make you a fortune.
Whether you’re looking at getting into the property market as a home buyer or investor for the first time or you’ve already got some properties and looking to build a stronger asset base, this short video will be invaluable.
Especially given the current economic, financial and political environment!
In case you haven’t heard, there is a wave of negative headlines sweeping the nation that is becoming to a fear merchants dream!
From the Banking Royal Commission, to a likely change of Government with a range of potential policy changes and even the chance of a Recession!
With so much uncertainty about what’s going to happen in the next 6 months what should you do?
To get the answer I turned to Australia’s leading expert of wealth creation through property and one of our countries most seasoned and experienced investors – Michael Yardney, for the answers and here is what I learnt;
In a recent article Michael explains who he just had one of his best years in property
He explains there will always be a reason to sit on your hands and do nothing, but the successful investors take action.
I remember the saying “The best time to plant a tree was 20 years ago, the second-best time is today”.
So I suggest that the best time to get into property is when you are ready — when you’ve got your finances ready.
It may be next week, next month or next year.
Put your ear plugs in, block out the noise and focus on your longer-term goals.
- Also read:Latest Asking Prices State by State | Listings and asking prices steady in lead up to market hiatus
- Also read:Latest property price forecasts for 2024 revealed. What’s ahead in our housing markets in the next year or two?
- Also read:Here’s how to avoid these 12 common reasons property investors fail to build a Multi Million Dollar Property Portfolio
- Also read:Heat comes out of the housing market as values across Melbourne dip and Sydney slows | Corelogic Home Value Index
- Also read:Sydney property market forecast for 2024
It could just make you millions!
Australia’s property markets are very fragmented, driven by local factors including jobs growth, population growth, consumer confidence and supply and demand.
This makes it an opportune time for both home buyers and investors to buy property at a time when they’ll face less competition.
Remember that our property markets are behaving as they always do and some of the best profits are made by investors at this stage of the cycle.
That’s because these downturns are only temporary, while the long term increase in value of well located capital city properties is permanent.
However correct asset selection will be more important now than ever, so only buy in areas where there are multiple long term growth drivers such as employment growth, population growth or major infrastructure changes.
Similarly, suburbs undergoing gentrification are likely to outperform.
As signs point to softer growth conditions for Australian property over the coming months, independent professional advice and careful consideration will be as important as ever in navigating Australia’s varied market conditions.
If you’re looking for independent advice, no one can help you quite like the independent property investment strategists at Metropole.
Remember the multi award winning team of property investment strategists at Metropole have no properties to sell, so their advice is unbiased.
Whether you are a beginner or a seasoned property investor, we would love to help you formulate an investment strategy or do a review of your existing portfolio, and help you take your property investment to the next level.
Please click here to organise a time for a chat. Or call us on 1300 20 30 30.