Are you in the majority?
The majority of Australians will retire on less than $30,000 per year.
There’s never been a better time to invest in property. Some markets are moving at a rapid rate and others appear primed for growth allowing us to identify opportunities. There’s a lot of talk about growth in Sydney and Melbourne and interest rates, the budget and what’s going to happen with negative gearing are all hot topics. While good investments can always be found, sometimes the most difficult part has nothing to do with the property itself.
Separate yourself from the pack.
The biggest barrier to property investing success is one’s mindset. Today we’re inundated with what I call white noise — news bulletins, social media, people’s opinions and ‘click-bait’: online articles designed to target our emotions. Heed them all but make your own decisions.
Play the banks at their own game.
Most people look to the banks for finance guidance. The way a bank wants to structure your loans will only align to their bottom line. In most cases this will put your primary residence at risk so avoid cross securing as this means the bank remains in control.
Leave your emotions at the door.
The number one mistake I see investors make is they buy based on emotion. 70% of property investors only acquire one investment and most buy in the postcode they live. A property doesn’t go up in value quicker if you drive past it every day.
A proven process.
Real wealth is achieved by following a proven process and investing in growth property across multiple cities. This process will ensure you build a diverse portfolio with exposure to growth markets at any point in time regardless of interest rates, rent cycles, capital growth cycles, infrastructure investment and government changes. At OpenCorp we use our proven MAP process to select the right city Market, the right Area and ultimately the right investment Property for you and your long term investment goals.
Join the minority.
Claim your free book and learn about OpenCorp’s proven MAP process and how you can get you started on the road to sustainable wealth. In entertaining, jargon-free language, My four-year-old the property investor explains why following a proven system is crucial when investing for long-term gain.