Apr 20, 2023
Episode 60: What's best - buy to hold, buy to sell, remortgage or develop?
So, you’ve got some money and you’ve learned about some property investing options. Which one is best?! Well, you’ve come to the right place. I have a method for determining which approach will serve you best based on: a) how much money is needed, b) how much time is needed, and c) how much experience is needed.
I will explain the resources and experience necessary to successfully leverage the strongest property investment strategies, as well as how some strategies can naturally flow into each other as you gain capital and know-how. I have used every one of these strategies and so I come to you from a place of deep understanding of the ins and outs of property investing from beginner to advanced. If there is one lesson out of all that I want you to take home this week it’s this: build a solid cash-flowing foundation first and then see the magic that can unfold!
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Links & Resources:
Highlights from this episode:
[00:02:20] – Why would you buy to hold?
[00:12:30] – Next level: buy to sell
[00:17:41] – Remortgaging can be complicated
[00:28:49] – Development means wearing many hats
[00:35:45] – Start with a solid foundation
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthybased on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Visit my website to learn more
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them