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