Only a small percentage of property investors in Australia will actually go out and invest in more than one investment property. They may own their home and one investment property but it’s unlikely for the majority of the investors that they are actually going to go forward and purchase two or three or four or five or six or more properties.
So today I wanted to tackle the question ‘is it worth having just one investment property’? A lot of us look at these investors who own 10 properties of 20 properties or Steve McKnight who went from 0 to 130 properties in three and a half years. We look at that and we say “that is completely unachievable, I can’t do that.”
But when we think about in terms of just buying one investment property and we look out over our lives, we look and we say “well one investment property…if I plan right, if take my time I can do that and I can purchase one investment property.” So is it worth having just one investment property and is that a goal that we should strive towards? I’ve just got a few things that I want to talk about as to whether or not this is going to be worth your while?
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investment property financing Is It Worth Having Just One Investment Property? (Ep097) | |
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