GETTING STARTED
The Path to
Passive Income
A 3-pronged approach to property investment
BY GERT VAN STADEN
The 2500 members of the P3 Investment Group are on an exciting path . Their destination is the day their property investments generate sufficient ongoing passive income for them to retire , sooner , yet financially secure for life and beyond .
They know exactly when and how they will get there , because they are guided by their own personalised Roadmap to Wealth™ and are implementing the 3-pronged approach of the P3 Investment System , streamlining and fast-tracking their path .
Tracing their steps through the brief overview below provides an interesting insight into their unique approach encompassing preparation , pre-selected properties and partnership .
Preparation The path commences with building a solid foundation for a sustainable and profitable property portfolio . This includes understanding the property investment system thoroughly , creating a plan to reach your financial destination and putting the right structures in place to optimise and maximise their investments . With a step-by-step manual to implement the system seamlessly , a personalised Roadmap to Wealth™ , stateof-the-art software , a personal mentor and the right solutions from preselected partners at preferential rates , this part of the path is completed quickly and effortlessly .
The preparation ranges from building up a solid credit record to freeing up cash flow , often through insurance
restructuring and , if necessary , building up a deposit , which can be achieved through innovative financial solutions , such as interest free loans and co-operative property investments ( investing in property with other investor partners ).
It also includes setting up a trust for maximum tax and protection benefits by experts , who can also manage trusts professionally . For those investors who prefer to manage their trusts themselves , the right tools and resources – such as the P3 Trust Management Kit - save time , costs and hassles . Bond pre-qualification by a team of specialists – who understand property investment – also streamlines the property investment process .
Pre-selected Properties Perhaps one of the biggest challenges property investors face is finding the right investment properties . Dolf de Roos , in his book Real Estate Riches , shares what he refers to as the 100:10:3:1 rule . The rule says that you need to look at 100 properties , to make offers on 10 , to have 3 offers accepted and to finally choose 1 . It takes time , effort , dedication and considerable cost to look at 100 properties to buy just 1 .
The process is significantly streamlined and fasttracked when investors can simply choose from a number of pre-selected investment properties that meet stringent investment criteria from a range of sources , including units in new developments at preferential prices , existing properties for sale , distressed or urgent
22 MAY 2016 SA Real Estate Investor www . reimag . co . za