What to do and exactly how to invest in property development and make money out of real estate? John Fitzgerald – CEO of Custodian is going to share an important takeaway!
There are two ways to make cash flow property: passively and actively.
- passively: you let time work for you
- actively: you’ve got to work within a window of time
The biggest mistake that most of the unsuccessful property investors making is often they get too enthusiastic and they overreach themselves or we should say they overdevelop themselves to put themselves in a position where they can’t work in that window of time particularly.
So why not talk about passive property investment strategy which is proven not only in any market but also particularly through the GFC. It is also needed to highlight the real benefit of the passive market which is the what we call the franchise commodity of property. We are now seeing a real opportunity to upzone properties where we can look at our passive portfolios develop them now and then have a retirement plan that we can use in 5-10 years. Think of it like playing Monopoly where you have to put various properties together first before you actually build a residual income.
There are three dimensions for this:
1. Product and deliver
3. Sales in an exit strategy
Those three things come to how you need to have the investment property experts in identifying the product and being able to bring that development on in a timely manner finance. Certainly, you must have exit strategies and the exit strategies that are available to us today owner occupies investors.
Custodian Wealth Builders are considered just one of many experts in the field of property investment. They provide a considerable amount of feedback for you to be the judge! Why not go to Custodian site and actually judge for yourself!