Many investors believe that there are many reasons to worry about today’s property market. You’ll see in this article why those fears are completely uncalled for.

If you try to read about the current state of the property market, you probably won’t like what you see. For the most part, you’ll come across doom and gloom stories that can only discourage you as a property investor. It’s no wonder that many aspiring investors stay away.

But here’s the thing – everything is not as bad as it sounds. The media has overhyped the downturn, perhaps for the fact that this works better for sales and clicks. 

Of course, this is not to say that the property market is in its best days. Not by any stretch of the imagination. But that doesn’t mean that you can’t profit right now if you know where to look.

Not only is it possible to invest in today’s property market, but it’s much easier than many make it out to be. All it takes is a few good finds, and the downturn doesn’t have to affect you.

To show you why this is the case, we’d like to share some tips directly from the CEO of Wealth for Life Anthony Peluso. 

1. Start Right Now

It’s easy to convince yourself why it might not be a good idea to start now. The downturn, lack of money, fear, and a million other excuses.

Wealth for Life start investing
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But, here’s the thing – there will never be a moment when you can be certain about any investment. By its very nature, an investment involves risk. As always, the trick is to make sure that the reward is worth the risk. You can start right away if you can do that.

What’s happening in the Australian property market is proof that timing the market doesn’t really work. People will tell you that you’ll lose money. They’ll point to all kinds of fears about the future. 

Don’t listen to them. Not everyone can be winners or losers in the market. The moment when everyone is afraid is when you need to be bold and make your move. Right now, there are those who are making a lot of money through investing. They don’t care that the media dwells on the downturn. They know how to leverage and add value to their property. As a result, their portfolio is blooming.

But of course, courage is not the only thing it takes. Let’s go over a more concrete reason why you should start right now.

2. Upfront and Ongoing Costs

One of the most common questions asked of Peluso is the amount of money needed to start investing. He believes that the longer you wait, the more it will take. Judging by the current macro trends, this is very true.

Wealth for Life support
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Now, let’s talk about your spending habits. How much money do you spend over the weekend? You grab some breakfast, lunch, and a few drinks here and there. It’s safe to assume that your weekend costs you about $100 or more.

Over 52 weeks, this means that you could cut that out and save up $5,200 in a year. If you invested that money two years ago, it could have returned $58,000 with Peluso’s strategy.

This is why you need to start right now.

But you also need to start the right way.

There are incentives that you can take advantage of to make the upfront costs more bearable. Combine them with some discipline and you’ll see that it’s not as hard as it might seem to start. 

Assuming that you have the money you need and you’re looking to invest. What’s a good strategy in today’s market?

Most people compare the rent with the interest rate and the costs of running the property. If they see a profit, it’s good enough for them.

While there’s nothing inherently wrong with this approach, it a bit too simplistic. 

You see, this is only your pre-tax position. And as you know, there are tax deductions that you can claim. This is why you should factor in both your pre- and post-tax position. Assuming that you structure everything correctly, the costs of running your property might be as low as $10-$15 per week.

Now, of course, not everyone knows how to do this. Which brings us to the next point.

3. Educate Yourself

This might be the most important if you’re to take away only one piece of advice from this guide. With the right knowledge, you can profit even when the odds are against you.

Wealth for LIfe knowledge
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Peluso has been in property investment for almost 20 years. Like many successful investors, he built his career from the ground up. According to Peluso, he had no idea what he was doing at the start.

But he was willing to learn and he had people who would share with him the knowledge he needed. The first ever property that he bought ended up tripling in value over a 10-year period. And it’s only one of his many successful investments.

The point is, it’s fine to start out without any knowledge as long as you have people who can help you along the way. With a reputable source of actionable information, you can build a powerful property portfolio from scratch.

4. Develop a Strategy

While there are many things to consider before you invest, you can unite them all under one strategy. Once you have a system, you’ll see how little guesswork and anxiety there is.

Peluso developed a formula that he uses whenever he buys a property. There are certain criteria that he uses to appraise a potential investment. From lending to property management, the strategy remains largely the same.

Of course, you can always tweak things here and there. As the circumstances change, your strategy needs to reflect these changes. But at its core, your system should follow a proven pattern.

Best of all, the best system is universally applicable. Peluso has utilised the same system to invest in units, townhouses, apartments, and other dwellings all across Australia. 

The key here is to develop a strategy that will work for you. This might take a while on your own, but not if you have Peluso and Wealth for Life by your side.

5. Look Beyond Major Cities

When reading news stories about property markets, Melbourne, Sydney, Brisbane, and other big markets dominate. You’re not going to stumble upon Ballarat or Devonport. And yet, it’s these small markets that can be the source of your wealth.

Wealth for Life know where to look
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For example, Tasmania may not sound as sexy as the bigger markets. But it had an 8.7% year-on-year growth while the big markets reeled. The same goes for Newcastle, the Hunter Region, and many other markets that stay under the radar.

A smart property investor will know where to look for good deals. They know when to ignore the horror stories. Remember that there’s always a suburb worth investing in; you just have to know where to look.

Don’t Hesitate

So, as an aspiring property investor, what’s holding you back? As you can see, it’s much easier to build a property portfolio right now than most people think. Money, location, and many other aspects are things that you’ll figure out as you go. At least that’s the route taken by most of today’s successful investors.

As mentioned, education is key when it comes to investing. So are you ready to start learning?

We are all investors here at Wealth for Life and we can help. Reach out to us and we can get started.

Many investors believe that there are many reasons to worry about today’s property market. You’ll see in this article why those fears are completely uncalled for.

If you try to read about the current state of the property market, you probably won’t like what you see. For the most part, you’ll come across doom and gloom stories that can only discourage you as a property investor. It’s no wonder that many aspiring investors stay away.

But here’s the thing – everything is not as bad as it sounds. The media has overhyped the downturn, perhaps for the fact that this works better for sales and clicks. 

Of course, this is not to say that the property market is in its best days. Not by any stretch of the imagination. But that doesn’t mean that you can’t profit right now if you know where to look.

Not only is it possible to invest in today’s property market, but it’s much easier than many make it out to be. All it takes is a few good finds, and the downturn doesn’t have to affect you.

To show you why this is the case, we’d like to share some tips directly from the CEO of Wealth for Life Anthony Peluso. 

1. Start Right Now

It’s easy to convince yourself why it might not be a good idea to start now. The downturn, lack of money, fear, and a million other excuses.

Wealth for Life start investing
  • Facebook
  • Twitter
  • Google+
  • Pinterest
  • Gmail
  • LinkedIn

But, here’s the thing – there will never be a moment when you can be certain about any investment. By its very nature, an investment involves risk. As always, the trick is to make sure that the reward is worth the risk. You can start right away if you can do that.

What’s happening in the Australian property market is proof that timing the market doesn’t really work. People will tell you that you’ll lose money. They’ll point to all kinds of fears about the future. 

Don’t listen to them. Not everyone can be winners or losers in the market. The moment when everyone is afraid is when you need to be bold and make your move. Right now, there are those who are making a lot of money through investing. They don’t care that the media dwells on the downturn. They know how to leverage and add value to their property. As a result, their portfolio is blooming.

But of course, courage is not the only thing it takes. Let’s go over a more concrete reason why you should start right now.

2. Upfront and Ongoing Costs

One of the most common questions asked of Peluso is the amount of money needed to start investing. He believes that the longer you wait, the more it will take. Judging by the current macro trends, this is very true.

Wealth for Life support
  • Facebook
  • Twitter
  • Google+
  • Pinterest
  • Gmail
  • LinkedIn

Now, let’s talk about your spending habits. How much money do you spend over the weekend? You grab some breakfast, lunch, and a few drinks here and there. It’s safe to assume that your weekend costs you about $100 or more.

Over 52 weeks, this means that you could cut that out and save up $5,200 in a year. If you invested that money two years ago, it could have returned $58,000 with Peluso’s strategy.

This is why you need to start right now.

But you also need to start the right way.

There are incentives that you can take advantage of to make the upfront costs more bearable. Combine them with some discipline and you’ll see that it’s not as hard as it might seem to start. 

Assuming that you have the money you need and you’re looking to invest. What’s a good strategy in today’s market?

Most people compare the rent with the interest rate and the costs of running the property. If they see a profit, it’s good enough for them.

While there’s nothing inherently wrong with this approach, it a bit too simplistic. 

You see, this is only your pre-tax position. And as you know, there are tax deductions that you can claim. This is why you should factor in both your pre- and post-tax position. Assuming that you structure everything correctly, the costs of running your property might be as low as $10-$15 per week.

Now, of course, not everyone knows how to do this. Which brings us to the next point.

3. Educate Yourself

This might be the most important if you’re to take away only one piece of advice from this guide. With the right knowledge, you can profit even when the odds are against you.

Wealth for LIfe knowledge
  • Facebook
  • Twitter
  • Google+
  • Pinterest
  • Gmail
  • LinkedIn

Peluso has been in property investment for almost 20 years. Like many successful investors, he built his career from the ground up. According to Peluso, he had no idea what he was doing at the start.

But he was willing to learn and he had people who would share with him the knowledge he needed. The first ever property that he bought ended up tripling in value over a 10-year period. And it’s only one of his many successful investments.

The point is, it’s fine to start out without any knowledge as long as you have people who can help you along the way. With a reputable source of actionable information, you can build a powerful property portfolio from scratch.

4. Develop a Strategy

While there are many things to consider before you invest, you can unite them all under one strategy. Once you have a system, you’ll see how little guesswork and anxiety there is.

Peluso developed a formula that he uses whenever he buys a property. There are certain criteria that he uses to appraise a potential investment. From lending to property management, the strategy remains largely the same.

Of course, you can always tweak things here and there. As the circumstances change, your strategy needs to reflect these changes. But at its core, your system should follow a proven pattern.

Best of all, the best system is universally applicable. Peluso has utilised the same system to invest in units, townhouses, apartments, and other dwellings all across Australia. 

The key here is to develop a strategy that will work for you. This might take a while on your own, but not if you have Peluso and Wealth for Life by your side.

5. Look Beyond Major Cities

When reading news stories about property markets, Melbourne, Sydney, Brisbane, and other big markets dominate. You’re not going to stumble upon Ballarat or Devonport. And yet, it’s these small markets that can be the source of your wealth.

Wealth for Life know where to look
  • Facebook
  • Twitter
  • Google+
  • Pinterest
  • Gmail
  • LinkedIn

For example, Tasmania may not sound as sexy as the bigger markets. But it had an 8.7% year-on-year growth while the big markets reeled. The same goes for Newcastle, the Hunter Region, and many other markets that stay under the radar.

A smart property investor will know where to look for good deals. They know when to ignore the horror stories. Remember that there’s always a suburb worth investing in; you just have to know where to look.

Don’t Hesitate

So, as an aspiring property investor, what’s holding you back? As you can see, it’s much easier to build a property portfolio right now than most people think. Money, location, and many other aspects are things that you’ll figure out as you go. At least that’s the route taken by most of today’s successful investors.

As mentioned, education is key when it comes to investing. So are you ready to start learning?

We are all investors here at Wealth for Life and we can help. Reach out to us and we can get started.

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