The Number One Most Important Aspect Of Becoming A Successful Property Investor, And Why Virtually 99% Of All Wannabe Property Investors Get This Wrong.
So what is the No #1 most important aspect of maximizing your chances of succeeding in property investing, and turning your passion into profits?â€¦. Itâ€™s knowing thy self, and then knowing thy strategy, and then matching the two up. So, letâ€™s explore knowing thy strategy first, before we tackle the knowing thy self.
1. Negatively Geared Capital Growth Investment Property; which basically
represents the majority of properties such as detached houses, townhouse, and apartments, located in close proximity of the major capital cities. In these scenarios there is a â€˜negativeâ€™ gap between the rental yield, which is typically 3.5% to 4.5% and the cost of funding (interest only loans) 4% to 5% per year.
2. Cash-Flow Positive Geared Investment Property; whilst traditionally cash-flow positively geared properties have been associated with regional and mining towns, KONRAD BOBILAK
The Number One Most Important Aspect Of Becoming A Successful Property Investor 5 whereby the rental derived from the property exceeds the interest loan repayments, i.e. rental yields 8% to 12% and cost of funding 4% to 5% p.a., there are more examples of cash-flow positively geared properties appearing in major capital cities such as in; dual income properties, dual occupancy properties, boarding houses, etc.