The most important step in property investment is – plan to have plan! Over the years, the number of people I have met who do no have a plan or haven’t been working to plan is unbelievable.
With your property plan the idea is to accumulate smaller residential property of a period of time. As our income and capital growth increases you can then leverage against those smaller properties and purchase larger properties to potentially develop in the future. When approaching retirement focus on commercial property as they can triple your returns.
For more advice on developing your property plan, contact us today.