This book takes you through the proven strategies and 7-step process that you must follow every time you purchase an investment property. The 7-step process can also assist greatly with purchasing a Principal Place of Residence (PPR).
Most investors get something wrong when buying a property, and often, owner occupiers allow emotion to impact on their purchase, potentially to their detriment, and when you look at why, 99% of the time, it's because they did not follow every one of the seven steps in this book. If you follow these seven steps, for every property purchase, you can save yourself time and money, dramatically reduce risk, improve potential, and almost certainly eliminate stress, frustration and fear from the experience.
There are also 'MUST' follow rules scattered throughout this book. What you gain will be similar to you being mentored through the process of not only knowing what to do when thinking about buying an investment property or a new home, but why you should consider investing in property. What you gain will be similar to you being mentored through the process of not only knowing what to do when thinking about buying an investment property or a new home, but why you should consider investing in property. Successful property buyers' undertake the required research and put in place appropriate finance strategies. They build a team around them to help them each step of the way toward their future income goals for retirement or an earlier retirement and/or to give them more options later in life, freeing up time being the main one. Every purchaser of a should, I believe consider the information in my book when buying their next home. Purchasing in a good street, a property with a good layout, no major defects, will grow more in value and be in demand in the future if ever it's sold is so beneficial. The more money you can make on your home when you sell, the more you have to upsize or buy in a better area perhaps. The steps in this book should function together, and many parts of each step (chapter) can be used/implemented simultaneously. Also, Select My Finance for assistance with a mortgage to access any available equity in your home or for the purchase of another property, or simply a refinance with the aim of a better interest rate. Mortgage finance strategies are crucial to better manage your borrowing capacity. The information, applicability and implementation of the material in this book is appropriate everywhere in Australia, many of my clients are up and down the eastern seaboard, so I have made use of examples based primarily on this part of Australia. The fundamentals remain the same.
