Manage your property debt
One of the benefits from property investing is that the profit made gives you the option to invest in other areas such as shares, and so on. Rachel strongly believes real estate is the best and fundamental means to create wealth. However, she does agree that property is a long-term strategy for wealth creation. Capital growth is where you make your money in real estate, and that is why it requires a long-term commitment of at least 7-10 years. Rachel Barnes from Property Women says, “If you are careful, and make educated and well researched decisions about where and what you buy, you will always end up ahead. It takes time, but over the long term it pays off, and, as your skills and experience grow, it gets easier – and it’s fun. If you are interested in a quick return, then perhaps a more liquid investment like shares is better for you.”
For a free report on how to “Keep the Roof on Interest Rates”, send a blank email to: smtm@propertywomen.com.au.
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