How to Safely Own 5 Properties in 10 Years and Retire! ePub (Adobe DRM) download by Michael Fenech

How to Safely Own 5 Properties in 10 Years and Retire!

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Publication date: May 2012
ISBN: 9780987281586
Digital Book format: ePub (Adobe DRM)

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Real Estate Property Strategists Michael Kelly and Michael Fenech expose the commonly held myths in real estate that do not create real financial freedom. Instead, these myths cause hundreds of thousands of people to lose money when investing in real estate every year. We give you the REAL TRUTH about real estate and what investment strategy really works when investing to build real financial freedom. The Real Estate myths we expose are: • Capital Growth is King? No it's not! What makes a property grow in value and how do I maximise my capital growth potential? We will show you. • Negative Gearing is great. No it's not! The majority of real estate investors are using a strategy designed to lose money from day one, forcing them to work harder and longer just to make ends meet. We show you the truth about this strategy. • Diversification is the best investment strategy. No it's not! Why take uneducated risks when you can create a sausage machine that puts money into your pocket weekly and gives you more time and real security. • Renting is dead money. No it's not! We show you how it is only dead money for the banks. The secret is that renting is for the rich, not just for the poor or middle class. • Your home is an asset. No it's not! It is on the bank's balance sheets but not on yours - we will show you why and how to make money like the banks do with a proven property strategy. • We will show you how to own a property for FREE. That's right for FREE, every 4 to 5 years without investing ANY of your own money. • We will show you how to create positive cash flow properties like when you played monopoly as a kid, and strived to buy 4 green houses and a red hotel. When you achieved that you achieved passive income and financial freedom and ultimately you won the game. About the Authors: Michael Fenech:. Michael entered the property market himself in 1998. From there he developed a thirst to learn about and implement many different types of property strategies, from vendor financing, options and creating second mortgages just to name a few. Through his first hand experience with property, it became quite obvious that there was only one way to make money out of property. Together with his business partner he has developed a reputation for helping people with their property investing. From creating a strategy for a client, to negotiating a purchase, Michael can impart the right knowledge to his clients about what truly works when looking to build wealth in property. Michael Kelly: Michael began investing in property in 1997 and has completed many different types of transactions including vendor financing, buying off the plan, renovating and flipping property. Many of Michael's friends saw how good he was at this and asked him to help them buy property. Michael's experiences over the past 12 years in property gives him an in depth knowledge of what works and more importantly what doesn't work. He has written this book with his business partner to help people understand that it's not about how many properties they own but about generating positive cash flow and passive income so that they can replace their earned income to be able to choose what we all want, time to do what we want, when we want.
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