by Andy Lowe
I hear people say, we have got 100K of equity in our property, but the only time I can get my hands on it is when I downsize, well that’s not quite true…how would you like to put that capital to work??? Investing in the ‘stock market
’ is Risky, ‘Real estate’ is Risky, “I will never become wealthy”, “The property boom is over”, “Developers are the only people to make money out of property”.We have all been programmed to get a good education and get a good job. Security is a key word drilled in to us, as is investing in a pension scheme, then retiring on less money than you had before, working hard all your life making somebody else wealthy.The majority of the Western World follows this pattern of becoming employees and consumers. Some of them earn a lot of money, they are considered successful but at what price, have they had the time to enjoy their success…probably not.
We believe in this day and age that the above pattern is “Risky” not “Secure”. Job stands for “just over broke”. You will rarely become wealthy working for someone else.“What about highly paid executives, aren’t they rich?”. But they represent the echelon of employees who may work ten times harder than anyone else, with jobs that are often more stressful and less secure than anyone else’s.Are you being left behind? We have now moved into the “Information Age”. The days of the industrial age where jobs were for life and your company looked after you in retirement are disappearing.Being an employee is actually a phenomenon brought about by the industrial age over the last 500 years. Previously in the agrarian age most people were small entrepreneurs (artisans) working their craft or their land. And now in this information age, where progress is charging forward, everyone needs to adapt to change quickly or face being left behind.It is more and more about what we know and who we know and the utilisation of this knowledge that will determine our future prosperity and quality of life.A wise man once said…All of you were given two great gifts; your Mind and your Time. It is up to you to do what you please with both.The only thing in this world that you have 100% total control over is your mind / thoughts. With each pound that enters your hand, you, and only you, have the power to determine your destiny.Spend it foolishly — you choose to be poor.Spend it on Liabilities — you choose to join the middle class.Invest it in your mind and learn how to acquire Assets - you will be choosing wealth as your goal and your future.The choice is yours and only yours. Every day with every pound you decide to be ‘rich’, ‘poor’ or ‘middle class’.Take Action!What to Accumulate…The key to Financial Freedom and Great Wealth is your ability to derive your main income from Passive and Portfolio Income.
Property is one of the best ways to create passive income. If you have £10,000 to invest in shares and ask a bank to lend you £90,000 to make a £100,000 investment they will say ‘No’.If you have £10,000 to invest in property and ask a bank to lend you £90,000 to meet the purchase price of £100,000 they will point you to their specialist ‘Mortgage Adviser’ who will be happy to offer you a range of products. Someone else will also invariably give you money each month just for the privilege of living in your Property!However, it is not simply buying a property that creates wealth…it is careful research and consideration of many factors to source good investment property deals.
This is where we come in, I have at my disposal one of the nicest guys you’ll ever meet. He knows the property market inside out. Right now we are putting a paper together to educate the general public. This will be a basic guide to explain all the ins & outs of investing your hard earned cash to get you the maximum profit from your investment. There are many things to consider when buying a property, and probably more when you are thinking about buying abroad, have they got a building license, who owns the land, are your deposits with the developer or the bank, what sort of guarantees are you getting…the list goes on, but some of these things are absolutely critical that you get right….stay posted or leave your details and I’ll send you the report as soon as it’s finished…
To get some more top tips on buying property abroad check out my blog…
Kindest Regards…
Andy Lowe.
http://www.buying-property-abroad-tips.com
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