| Description |
1 online resource |
| Contents |
Cover -- Title Page -- contents -- foreword by Glen James -- introduction -- Who am I? -- What does my portfolio look like? -- Why property? -- How this book is structured -- how to get what you want -- 1 knowing your targets + learning how to get there -- It all starts with goals -- Habits get results -- Your wealth magnets: active and passive income -- Replacing active income -- Understanding your risk tolerance -- Risks associated with property -- How you can manage these risks -- Follow a mentor + join a community -- Property risk assessment -- Mindset gives you momentum |
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Education is front of mind -- You're focused on growth as an investor, not greed -- You're taking ownership -- You take a business-owner approach to your investing -- Your leadership skills are strong -- You're thinking and planning ahead -- You're flexible and adaptable -- You aren't directed by fear -- Sort your money out -- You're spending less than you earn -- You have a strong savings habit -- You're reviewing your expenses regularly -- You're watching out for lifestyle creep -- You have emergency funds for your personal life and investments -- You've found a great mortgage broker |
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You have personal insurances in place -- Identify as an investor -- The patterns of savers, spenders and investors -- 2 home sweet home: the Great Australian Dream fallacy + the New Phenomenon -- The Great Australian Dream fallacy -- From big 'home' feelings to FOMO -- Your dream location -- How to be smart, strategic and creative when buying your home -- Option 1: Stepping stone home -- Option 2: Adjusting your approach -- Option 3: Grants and schemes -- Option 4: Teaming up with others -- Considerations for turning your home into an investment -- Don't buy your forever home |
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Ensure you have cash buffers -- Consider your investing strategy -- Know your next home plans -- Flip to interest-only if you can -- Ensure your home meets minimum rental standards -- Prepare to think like an investor -- 3 developing your 8-point plan + unlocking your investing -- How you make money with property investing -- The 8-point plan -- 1. Strategy -- 2. Yield -- 3. Loan-to-value ratio (LVR) -- 4. Price -- 5. Buying entity -- 6. Property class -- 7. Type of property -- 8. Location -- 8-point plan #1: Strategy -- Capital growth -- Cash flow -- Tax benefits -- A combination of the above |
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8-point plan #2: Yield -- Gross yield -- Net yield -- Taking a broad approach -- Diversification -- 4 assembling your dream team -- Developing your team -- Property investing coach / mentor -- Mortgage broker -- Insurance broker -- Accountant -- Building and pest inspector -- Buyers agent or advocate -- Solicitor and conveyancer -- Quantity surveyor -- Property manager (investors only) -- Real estate agent -- Other team members you might consider -- money and the technical stuff -- 5 how lending works + getting the best deal -- All hail the mortgage brokers -- Formal approval |
| Notes |
Machine-generated record |
| Genre/Form |
Electronic books
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| Form |
Electronic book
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| ISBN |
9781394222391 |
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1394222394 |
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