Here is an extract from our book; “The 7 Steps of Highly Successful Property Investment”.
…….If you could buy something valued at $1000 for $100 would you do it? What if you knew that the $1000 was expected to grow to $2000 within a decade – and that you would still owe no more than $100 at that time? And what if you were paid by someone who used it during those years and paid again by the Tax Office because the Government wants to encourage what you are doing?
Sound like a pretty good deal? Welcome to the world of property investment.
Most people who buy investment properties do so because they think it makes financial sense to use someone else’s money to help them to become wealthy. The power of leverage, like the advantage of time and the effect of compound interest, makes investing in property one of the world’s greatest opportunities.
In no other way can investors multiply the value of what they own to the same extent than they can with property. This is because banks and lending institutions love property. They know it holds its value over time and therefore they are happy to lend against it like nothing else on Earth.
Property generates income, but more importantly, it grows in value over the long term. A loan against property differs wildly from a loan against most other things because it is supported by the tangible asset of bricks and mortar, market demand and historical proof that it leads to wealth………
Enjoy learning and building your knowledge while Investing Comfortably.
Property Friends is a specialist Property Investment Advocacy that has been operating for the last 13 years on the basis of 3 principles: Trust, Community & Progress. www.propertyfriends.com.au (03) 9758 5331
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