Why Do So Many Property Investors Fail?

99% of Property Investors Fail...

...and sadly, not many people go on to make it as successful property investors.

In fact, according to the Australian Bureau of Statistics, 99 per cent of property investors in Australia fail. In this instance the definition of failure is failing to buy three or more properties.
 
So, we need to ask, why do so many fail?

THEY DON’T ASK THE RIGHT QUESTIONS
In the case of property you need to ask, why am I buying this? What do I want? Drilling down to specifics and calculating exactly how much money you need (and we mean to the dollar!) to live the life you want, will get you there faster.
 
THEY DON’T GET EDUCATED
If you’re buying (and potentially) selling property you’re liable to pay stamp duty, capital gains tax, land tax… The list goes on. Tax can drain your cash, so do your homework and learn how to minimise it.
 
THEY DON’T HAVE AN INVESTMENT STRATEGY
Before you make any property purchase you need to have a clear investment strategy, which includes knowing how much money you need, having financial buffers in place, researching locations and allowing enough time for your property to increase in capital value.

It may seem scary out there at the moment, but now is the best time to get education and support around the massive opportunities we have as investors, at our fingertips.

• Interest rates are at an all-time low.
• Property value is still considered to be going on an upward cycle
•Financial institutions are keen to lend to investors.

Come along to one of my free events  to find out how you can safely and simply generate wealth using the Bullet Proof Wealth process.

https://www.bulletproofwealth.com.au/events