Step 1: Why buy now? kids’ education, or overseas family vacation, or buy more real estate with sizeable deposits and create even more income, without negatively affecting their current cash flow. You might be thinking this sounds like a pipe-dream, but it is possible and can be a reality.
“ If you don’ t change direction, you are going to end up where you are headed”.
Property has always been one of the safest investments and remains a market with resilience. People will always need a place to live and if they can’ t buy, they have to rent – which offers some measure of security in terms of a property investment holding steady in volatile times. Real estate investing is not gambling, it’ s not a quick buck or a scheme to make money overnight. It’ s a process and it takes time with certain fundamentals being non-negotiable like cash flow, positive cash flow. Cash flow is like oxygen. If you have it, you don’ t think about it too much. However, cut the supply and all of a sudden it becomes the only thing that occupies your mind.
Here’ s some wisdom from the Late Jim Rohn:
“ Don’ t let your learning lead to knowledge. Let your learning lead to action.”
Five years from now when people ask you how you recovered so well since 2020, it will be what you actually did that will determine where you are, not what you intended to do. Buy cash flow positive properties now. With the low interest rate, it’ s the perfect time to start investing, if you haven’ t already. If you’ re unsure of where to start, contact me, I have many years’ experience and specialize in Investment Opportunities.
You can also check out an example of a cash flow positive property: The Base Apartments. Click the link more information, it could be a lucrative click for your future.
Sources Ryan van Heerden, Ryan’ s Realty
Here’ s my best advice, having survived( only just) the Global Financial Crisis of 2009, which now seems more like a stroll in the park compared to the 2020 Covid chaos. Buy cash flow positive real estate that has the potential for capital growth, and you can survive just about any downturn or future crisis.
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