Does 3 Months Extra Holidays Interest You?
What’s your plan for investing in 2018?
Do you have clarity on your next move? Please don’t tell me it involves waiting for the market to move, waiting for more equity, waiting for cashflow and serviceability to improve.
There are things you can do in January to start your year much more positively than that!
If you leave it until next year, you know what happens…
In January, you’ll be thinking “it’s early, I’ll worry about it next month”. So then in February you may actually do something and make a start by “researching”. By March or April you may finally implement what you’ve learned… meanwhile you have lost over a quarter of the year.
Every month you delay, is another month you need to keep working at your job.
Every delay equals more commutes to work, more days in work clothes, more rushed breakfasts, more limitations of 4 weeks annual leave… more and more time where you are controlled by your employer. It’s so easy to forget that, especially when property investing is such a “slow burn” process that takes years. But logically, every day you delay now, is one more day at the end of your career you’ll need to go into work.
Most people would go crazy for the chance to get just 2 more weeks annual leave. Cutting out this kind of a delay in your life can effectively get you 2-3 months of time off work if you think about it. That’s why coming to look at your investing options next week is a highly leveraged decision.
Waiting until after Christmas is choosing to add 2-3 more months to your working life.
You need that income! One of the primary things you need to be a successful property investor is a job. Why? Because you need money. You need a job to borrow money. You need savings or some cash to buy your first property. But the sad fact is, a lot of people...
Get There Faster If you are already a property investor with one or even two properties, first of all, congratulations. You’ve taken some seriously great steps in creating your future wealth and a pathway to a work-less, play-more retirement with passive...
When it comes to property investment there are some things you can never have enough of.
When it comes to property investment there are some things you can never have enough of. Good tenants, reliable builders, a great relationship with your bank.
But more than anything what you need is good cash flow.
Having a steady income of cash means never having to dip into your own pocket to top up repayments, complete repairs or make another purchase.
Here are the top five ways you can ensure the cash keeps flowing, so you can keep your investment portfolio growing.
Don’t be caught without it.
As a property investor who is building a portfolio, it’s vital that you have access to your equity whenever you need it.
There’s nothing more frustrating than finding that perfect new property to purchase, only for it to be held up – or worse still, lost completely – because your finances weren’t in good shape.
Having an interest-only loan structure with a healthy off-set account is a great way to ensure you have equity at your fingertips whenever you need it, but that’s not the only way…