Dear Fellow Property Investor,
Here are the 2 key concepts that I will be teaching at my live Melbourne event:
- How to smash your current home mortgage in record time!, and
- How to build a property portfolio that will have the potential to replace your current job income.
Interested in learning more?
Then keep reading…
You see, one of the most important concepts that you can learn in your lifetime is how to correctly structure your personal finances, and create a system that enables you to pay off a typical 30 year principal and interest home loan in 10 years or less.
And while this process is ‘simple’ to set up and implement, (once you know how), the vast majority of Australians still have no idea how it works, or who to turn to for the right advice on how to set this up.
Whether or not your are aware of this, this is costing you money, and more importantly it’s the opportunity cost of time, and missing out on the potential of paying off your (non-tax deductible ‘bad debt’) home loan sooner, as well as missing out on accumulating more investment properties (tax deductible ‘good debt’) in your property portfolio.
And let me tell you something…most mortgage brokers and bank branch managers have no idea how to set this up correctly.
I know as I used to work for a bank and later I ran a mortgage broking company with 13 mortgage brokers.
So if you are interested in slashing over a decade or two off your current mortgage, potentially saving yourself tens of thousands in unnecessary interest payments to the bank, you need to do everything in your power to attend the upcoming Melbourne live event called:
The Real Estate Investing Fast Track Weekend!
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Join me and 40 like-minded property investors at the next
Real Estate Investing Fast Track Weekend!
(F.R.E.E Tickets Worth $316)
Seats are strictly limited so book NOW in order to avoid disappointment.
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Now, the other distinction that I will be teaching everyone at my live event is how to build a large enough property portfolio that will eventually enable you to create enough passive income to replace your current job income.
There are 2 main ways that you can live off your property portfolio, namely;
1. Buy 12 investment properties over a period of time, say 10 years, then sell down a portion of your property portfolio and pay off all you debt, and then live off the rental return of your unencumbered investment properties.
With this strategy you must make allowances for capital gains tax when you sell your investment properties. In this strategy you buy 12 investment properties, say over a 10 or 12 year period of time, then after the last one doubles in value, sell down 7 and pay off the remaining best 5 properties completely. Thus, you can live off the rental of your unencumbered property portfolio.
Or,
2. The second investment strategy is to keep accumulating investment properties continuously, year after year, without selling any of them. Eventually as your rental incomes exceed your net expenses, you can start living off the surplus funds and use these proceeds for your lifestyle.
As a very rough rule of thumb, and once again this is a generalisation for illustration purposes only…when it comes to buying blue-chip properties in key growth areas of Melbourne, historically these types of properties tend to double every 8 to 10 years.
Your strategy will vary depending on your risk profile, and years left until you are 65 years of age…your risk profile is determined by a number of variable factors such as, your level of financial literacy, your level of comfort handling and undertaking debt, and your level of desired income.
Interested in learning more?
The Real Estate Investing Fast Track Weekend!
————————————————————————————————
Join me and 40 like-minded property investors at the next
Real Estate Investing Fast Track Weekend!
(F.R.E.E Tickets Worth $316)
Seats are strictly limited so book NOW in order to avoid disappointment.
————————————————————————————————
I look forward to seeing you at the event!
Yours in Success,
KONRAD BOBILAK
CEO & FOUNDER
Investors Prime Real Estate