Digital Marketing Producer at The Property Mentors Australia - Melbourne, VIC, AU
As active professional property investors and mentors, we know first hand the difference the right planning and strategy can make to an investor's long term success.The average property investor just buys a property in an area that they happen to be familiar with, without having any real long-term plan. Sure, they have a desire to become wealthy, but they don't have a long-term strategic plan to build a portfolio.Poor planning and lack of research can leave people saddled with an underperforming property that stifles their chances of ever growing their portfolio. Successful property investors plan and research carefully before purchasing and have plans in place for acquiring their next property and beyond.At The Property Mentors, we guide our members to a have clear and actionable plan. We then help them to find properties in areas that are in the right phase of the price cycle.We also consider how each purchase will affect the investors capacity to acquire the next, and so on, to ensure that you have the best chance to build long-term sustainable wealth.