Real Estate Investor Magazine South Africa Dec/Jan 2016/17 | Page 22

FINDING The Path to Passive Income The Next Step: Partnership BY GERT VAN STADEN H aving discovered that passive income is the key to wealth, and that property investment is not only the easiest way, but also the best way, to generate passive income, our P3 property investors implement a unique 3-pronged approach to creating passive income, which encompasses Preparation, Preselected Properties and Partnership. In the last articles, we saw how our members prepare through learning about property investment, creating a step-by-step plan and accessing the right tools and structures; and then fast-track their path to passive income with access to preselected investment opportunities. In this article, we explain how partnering with a professional property investment group can streamline the entire process to ensure your property portfolio produces income that is truly passive. Partnership While P3 members are empowered through their Property-In-A-Box and access to pre-selected investment opportunities to build their property portfolios on their own, partnering with a professional property investment group provides state-of-theart resources, tools and solutions that streamline, optimise and maximise their investments. Members benefit from P3’s bulk-buying and negotiating power which delivers preferential rates and better service levels from pre-screened and preselected partners, saving time and hassle, while reducing cost and risk. For example, members have access to specialist tax and wealth experts who understand property investment and offer preferential rates and service to tailor solutions for your individual and unique requirements. When P3 members make an offer on a 20 DEC/JAN 2017 SA Real Estate Investor property, they have access to specialist conveyancing and legal services tailored for property investors at preferential rates by experts who understand property investment. When members require a bond, a team of specialists – who understand the objective and how important the right bond is for successful property investment – will source the best offers from various banks, without negatively impacting their credit scores. When a tenant can be placed, the P3 team is ready with preferential rates and better service levels through pre-screened and pre-selected rental management partners. Members also have access to quality insurance for the property, the surety and the rental income, protecting their interests against risk. Even tax and accounting services, at preferential rates, are available from tax and accounting experts who specialise in property investment portfolios. In this way, P3 members have the right tools, services and resources at each step of the way as they responsibly and intelligently acquire their first property and then the next properties, building up their passive income and wealth. INVITATION TO REIM READERS If you would like to find out how some of P3’s members have built up their passive income portfolios, we invite you to watch a video at p3propertyinvestments.co.za/videos and discover how you can do it too. RESOURCES P3 Investment Group http://p3propertyinvestments.co.za www.reimag.co.za