In property investment, property is not the goal but the engine to achieve your desired lifestyle; investors should first determine their financial goals (income, age for optionality, risk tolerance) before selecting investment properties, as choosing the wrong engine can lead to inefficient outcomes even with high-growth properties.
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Prérequis
- Pas de données disponibles.
Prochaines étapes
- Pas de données disponibles.
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Property Is Not the Goal. It Is the Engine.Ajouté :
Property is not the goal. Lifestyle is.
Property is just the engine. But most investors [music] obsess over the engine, the suburbs, the yields, the growth rates. When the real question should be, where >> [music] >> are you actually trying to go? You see, inside a chain reaction strategy, we start with the destination. [music] What income do you want? What age do you want optionality? What risk level suits you?
Then we choose the engine. Because the wrong engine takes you to the wrong place. [music] And if you're researching suburbs before researching your own numbers, you're probably doing it backwards.
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