The Armchair Guide to Property Investing

The important thing to note here is to buy the best property you can comfortably afford in the highest land value area. If you can afford a house then great, but if you can only afford a townhouse or an apartment then don’t see this as the booby prize. See it as a great opportunity to stay in the location and buy the best investment-grade property

caught by industry ‘professionals’ who go straight to the sell because they want your money. Or worse still, we see the DIY investor who thinks they know what they are doing and they go ahead and risk their financial future on a ‘hunch’ purchase.

portfolio: Clarify your position and identify your short-, medium- and long-term goals; Evaluate the sort of tactics you need to adopt that suit your investor profile as it relates to debt and retirement; Establish a plan that models your cash flow in the future as well as for today; Implement the plan with an understanding of what makes an investm

professional. If you are in a position to dedicate time to your portfolio outside of your work commitments, you’ll be more likely to succeed.

You probably think you’re pretty good at choosing a property to live in for yourself, but what’s difficult to acknowledge for the amateur investor is that buying a property to live in is simply a game of bricks and mortar. Buying a property to invest in is a game of finance – and there is a big difference – and the two are not to be confused. So th

Don’t let ‘good’ be the thief of ‘best’.

In our view, most property investing is low risk if you are buying for the long term and in proven locations.

In the car example, if you absolutely NEED a car because without it you can’t get to work to start generating income from which to build wealth, look for a second-hand car that is reliable and safe enough for you to get to and from work – and one that’s economical to run too!

(Sites like walkscore.com.au measure an amenity within walking distance of the actual property and rank that score. A high score means it has a great amount of amenities close by.) A