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| Strategy |
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At Wealthy Women in Property, we have identified a strategy to create wealth that has worked for many savvy investors. It is not a simple strategy, but with some discipline and the right team around you, we can help you achieve your goals.
The strategy involves building a brand new house and then renting it out as soon as soon as building is complete. We source the land and the builder who will build your property with the location and type of property meeting strict selection criteria to achieve long term compounding capital growth.
Using other people’s money as well as some funds generated from some equity in your owner occupied property (or cash savings); we help you set up an
After receiving rental income from your new tenants as well as weekly tax savings generated from your investment vehicle, your out of pocket expense to cover the balance of the loan repayments could work out to be around $30 to $90 per week.
You now have an investment property worth approximately $400000 which will grow at approximately 8-12% per annum ($40000) which is costing you less than $5000 out of your pocket to fund. After a couple of years of capital growth, you can use this growth to fund the deposit on your next investment property, replicating the whole process. Within 6 years and using this process, it is achievable to acquire 4-5 properties, nicely helping you on your way to financial freedom. If you would like to know more about the strategy, we would love for you to come along to a workshop or meet with you individually for a consultation.
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interest only construction loan with a reputable financier. Loan repayments out of your own pocket commence only when the property is completed and the tenants have moved in.