INVESTING
Bill Rawson, founder of the Rawson Property Group, gives everyone that asks him for help the same advice:“ buy one property a year every year.” For those that know Bill personally he practices what he preaches. Besides being chairman of the Rawson Property Group and a large-scale developer, Bill has a sizeable personal portfolio that he amassed by following the simple gameplan of buying one property a year.
Having a simple mantra or gameplan in pursuing your dreams is the most important and liberating exercise you can do. Here are some ideas for real estate investors:
“ I will buy one property a year every year for the next 10 years”. A mantra like this can be broken down further to be more specific and provide more clarity:
“ I will buy one, 2 bed 2 bath apartment every year off plan from a developer for the purposes of renting it out for income and capital growth”. Or
“ I will buy one existing, 2 bed 2 bath apartment every year that can be renovated and rented out and sold in 5 years’ time for capital appreciation.” Or
“ I will buy one multi family building each year consisting of not less than 6 units that can be rented out for income and long-term capital growth.”
46 REI MAGAZINE DECEMBER 2024 / JANUARY 2025