You can develop a property based on exactly what the market wants.
Vacant land is much easier to manage than an existing property,
at least during the time that you hold it.
It’s more affordable than land that’s already developed.
If your answer is ‘yes’ for any of these questions, then, you’re in the right place.
And you wonder if going into investment property can help you take one step closer to attaining your life goals, such as:
He and his wife wanted to allow their children the chance to experience a life that they themselves didn’t have growing up, without spoiling them, of course.
I felt intimidated when I first started. But with the right mentors and by doing my due diligence I was able to take the leap—and stay on this route for a while now. Since then, I’ve learned a lot and am still learning about investment property.
Here are three big reasons why I think it's worth going into the investment property track in the long run:
Investment property grows and compounds over time so it actually enables you to build wealth over the long term
It's a physical asset, which has value and can be seen, touched and changed. In comparison to shares, which you can't touch and control, investment properties are a much better investment.
The wealthy keep their money in properties, and investing in properties is something that has a proven plan that works if you just follow the fundamentals.
What type of investment property should I commit my money to?
Typically, you’re taking control of a plot of land that you’re going to build on. And that means you need to understand what the local market wants. Plus, it means you need to commit time and energy to turn the development into a reality.
This type of investment in vacant land and new developments offer a wealth of opportunity. You can customise the deal and build specifically for the market. However, you also need to recognise that you’re taking on more work in the process.
You can listen to the latest stories and check out
the latest updates on Property Investory