Stage 3:
Moving towards a financial objective with a deadline
This is the phase where the investor’s asset base grows sufficiently, to
allow them to leverage off their increasing equity and cash flow to buy more
properties.
Strategic investors buy properties so they can buy more properties, not
for cash flow.
They have an expert team around them to help them reach their goals, and
they are in more control over their financial destiny than the previous two
groups.
Interestingly, Phase 3 investors make up less than 1% of all the
property investors.
So why don’t most property investors move out of Stage 1 easily?
Often, it is because they are not even aware that they are in it!
Awareness is 50% of the answer.
Stage 2 investors’ investing activities can still be subject to the
market, but at least they have found a winning formula for themselves in
property, even if that winning formula is still subject to market movements.
Stage 3 property investors are the only group that not only conquer the
property market, because they have a winning formula in property, but they also
conquer themselves as well.
RealRenta has all the tools that a property manager
has, but at over ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a
week to manage your rental property
RealRenta also has a free vision, so why not check it
out
Jason Gwerder
Thursday, 19 August 2021
