Tuesday, 4 August 2015

The Absolute Basics

We’ve created this cycle diagram to illustrate how you simple it is to build your own property portfolio, by repeating three simple steps, as the property market grows.


Many people dream of having no mortgage, while others know that making a profit from the bank’s money can be a very smart investment. 


Step 1 - Use equity in your existing property to purchase a rental property.
Step 2 - Wait for value in your properties to rise, then revalue.
Step 3 - Use new valuation to prove additional equity exists - Borrow more from bank.
Step 4 - Repeat step 1.

This is a simplified example, and property investment carries risks and complications that need to be considered before you invest in a rental property. We recommend speaking to an independent financial advisor, who can consider the suitability of property investment for your own personal circumstances.

Retirement is a Daunting Prospect

Remember a time when you would dream of winning a million dollars at Lotto, and thinking of all the things you could do with that amount of cash? Well, the reason we have the big Powerball prizes now is because one million dollars; that's seven figures, ain't a lot of money anymore. 

In fact, if you have $1,000,000 at age 65, you've got just enough to live out the rest of your days comfortably. Any less and you'll be going without some things you are currently quite accustomed to.

Fortunately, if you've got 10 years or more before you plan to retire, property could be the investment you need, to get your finances in order.

If you want a safe and reliable 10 year plan to retirement, through owning property, stay tuned to the Wellington Property Investors Club, where we’ll explain the basics, in simple terms, and how to invest the smart and easy way, and without a huge financial burden.


Sincerely

Wellington Property Investors Club