Real Estate Investor Magazine South Africa October 2016 | Page 28
FINANCE
The Path to Passive Income
Taking The First Step: Preparation
BY GERT VAN STADEN
O
ver the last few articles, we have 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. The next question, then, is how does an
investor get started?
At P3, our 2500 property investors are implementing
a unique 3-pronged approach to creating passive
income, which encompasses Preparation, PreSelected Properties and Partnership.
Preparation – The First Step
The knowledge of how to invest in property successfully,
where the challenges are and how to overcome them
easily and cost-effectively, is a crucial success factor.
When you join our property investment group, this
knowledge is conveyed through the must-read book:
Property – Your Key To Wealth. It is accompanied
by the P3 Business Manual, a step-by-step manual
to implement the system seamlessly. We also provide
state-of-the-art software to help you make the right
decision on every investment opportunity.
In addition, we professionally assist our members to
create their own personalised Roadmap to Wealth™,
detailing every step on their way to passive income
and building wealth. It is a structured plan based on
the tried-and-tested P3 Investment System, clarifying
your current financial position, your primary and
secondary financial goals for the future, and the stepby-step actions, with realistic deadlines, to help you
get there.
Planning for success
For example, your primary goal as a property investor
should be to replace your current income with
passive income by building a property portfolio. Your
Roadmap to Wealth™ will help you to determine
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OCTOBER 2016 SA Real Estate Investor
how many properties you need to acquire, and at
what time intervals, to achieve this goal. Once the
goal is clearly identified, the action steps that will
enable you to achieve the goal can be mapped: for
example, determining how many properties you
can realistically acquire given you current financial
situation, ways to improve your cash flow position,
setting up a trust, building up a reserve fund, selecting
and acquiring the first property, putting the right
management systems into place, and acquiring your
next property. All of these action steps are detailed,
with the required resources, tools and systems, as well
as realistic deadlines, allocated to each.
Once your plan is in place, you have access to a
mentor to guide you with advice, answer your questions
and provide suggestions to resolve any challenges.
And we also keep you updated on the latest property
news and trends and share tips and insights from 13
years of property investment experience.
Don’t miss the next articles to find out more about
P3’s unique 3-pronged approach and how our PreSelected Properties and our Partnership offerings
streamline and fast-track our 2500 property investors’
path to passive income.
SPECIAL INVITE FOR REIM READERS
You are invited to watch an online video presentation by
Gert van Staden, CEO of P3 Investment Group, in which he
explains the crucial aspects of the P3 Investment System that
build wealth for our members, including the type of property
that offers the best returns and how SARS can become your
partner in successful property investment. Simply visit http://
p3propertyinvestments.co.za and follow the link to the
presentation.
RESOURCES
P3 Investment Group
www.reimag.co.za