It looks like 2022 is going to be a great year for
property.
Sure there are still many economic headwinds that
we’ll encounter and this has led to many mixed messages in the media and this
together with uncertainty about our economy and jobs is causing a feeling of
confusion for many investors.
But what is certain in these times of uncertainty
is that some property investors will grow their wealth by taking advantage of
the opportunity the market is presenting them.
While many Australians will sit on the sidelines
waiting for someone to ring the bell heralding the property market has
bottomed, savvy investors will be out looking for and buying investment opportunities
created by the current market.
So let’s look at some time-tested rules these
successful investors use to make their fortunes.
They take a long-term perspective.
It is well documented that delayed gratification
leads to a better financial position and a better lifestyle in general.
Warren Buffet put it well when he said"Wealth
is the transfer of money from the impatient to the patient.”
Property investing has always been a long-term
game, and the longer your time frame and the better the quality of the asset
you own the less important timing of the market becomes.
RealRenta has all the tools that a property manager
has, but less than ¼the 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
Tuesday, 15 February 2022
