Asset Selection - Selecting the right investment property is a challenge when you don’t have the experience and knowledge of where and what to buy in your planning. With such a large financial commitment, getting it right or wrong could result in a huge variance in your wealth position.
Those who are willing to take an uneducated, inexperienced risk in selecting the asset themselves, without solid education and understanding of residential property as an investment asset, could do untold damage to their wealth base and never recover from making such a bad investment decision. Unfortunately, the majority of people who invest do so with little understanding and are usually sold on the investment by clever sales and marketing staff, working as real estate agents. This is why the vast majority of people who buy one investment property never buy another, because that investment under-performs, compared to what they were lead to believe. They adopt the mindset from this point that all property is a bad investment, which is simply not true.
Acheiving an outperform result from each property you buy requires you to build your knowledge and to gain this knowledge from those who have experience and specialist understanding of what drives value and income in regards to residential property. The better you buy the quicker you may be able to continue to add to your portfolio and the greater the wealth you create.
Borrowings - Using finance to assist with acquiring an investment property is mandatory for most of us and it also offers benefits of acquiring a greater asset value from which your wealth is grown. This form of leverage is a very powerful accelerator of wealth if the finance is structured strategically. Once again, understanding your options in this area is very important in the overall execution of your plan. Obtaining specialist assistance is critical in ensuring the right finance is sourced and secured to best accommodate each individual's requirements.
Cash Management - The control, allocation and provisioning of cash is the true foundation of any successful money planning for wealth creation. Through sensible yet very complex projections and forecasting the planning of one’s money movements, allows you to outline a road map that will provide you with a pathway to greater wealth. Furthermore, implementing certain tracking and measurement tools ensures greater accountability of one’s money movements and makes decisions with money and the execution of your plan far easier.
$118 per week in surplus income could equal over
$4 MILLION IN A POTENTIAL PROPERTY PORTFOLIO
As part of our workshop we look at a case study of Paul and Sarah, our sample couple, to show how using our A B C principles, what may be possible through sensible, sophisticated money planning management and the successful financing and acquisition of superior performing Residential Investment Property. Our presentation will highlight that through the acquisition of just two investment properties over the next 10 years, Paul & Sarah are forecast to have superior retirement income in excess of $75,000 per year in and a wealth base of over $4,000,000 in today’s dollar terms as a result of their properties delivering 10% compounding growth per annum.
The power of this information and knowledge, we believe, will be life changing. Empower Wealth has a proven record of helping our clients improve their level of education and understanding in this investment space. Furthermore, our services extend to assisting them in the implementation of their plans to build their property portfolios and overall wealth over time.
Imagine the peace of mind that comes with the knowledge that your future financial independence is achievable. Plus your living standards and lifestyle will be transformed to allow you to enjoy the later years in true comfort.
This free 2.5 hour workshop will provide you with improved knowledge and knowhow in the understanding of what makes a successful process in building a property portfolio.