The Real Deal Property Invest Your Way to Financial Freedom!

by Kelly, Brendan; Buckingham, Simon

• ISBN13: 9781742469836
• ISBN10: 1742469833
• Edition: 1st
• Format: Paperback
• Copyright: 2011-01-31
• Publisher: Wiley

Summary

Australians' love affair with real estate remains strong, with property prices shaping up as some of the highest of all time. This has effectively closed first home buyers out of the market. The time is right for investors to return, and with 35 to 40 per cent of property buyers looking for investment opportunities, there has never been a better time for The Real Deal: Property Invest Your Way to Financial Freedom! The Real Deal reveals the steps to creating a passive income via property investing, so that you can achieve financial freedom and retire early. This book covers deals that will make a quick profit, deals that will earn a passive income, deals that you can work on yourself and deals that you can pay others to look after for you. The options are really only limited by your own creativity - and this is what makes property a great way to reach financial freedom; whatever your personal goals and circumstances, there's an approach that will work for you. Each chapter features a different investment strategy based on a real property deal, starting at the basics (buy-and-hold and negative gearing), moving through to intermediate (renovations and subdivisions), and building to advanced (commercial property and property developments). Each deal is based on the experiences of 12 real-life, everyday investors, and the authors are two of Australia's foremost property-investing educators, both uniquely qualified to teach readers how to create a system that requires minimal effort but will produce enough income to allow them to leave full-time employment. With a foreword by Steve McKnight, valuable candid insights from the real world of property investing (not all the deals go as planned!), and a blueprint for success no matter your circumstances, this is a book for anyone looking to achieve financial freedom using the great Australian dream.

Author Biography

Brendan Kelly and Simon Buckingham are two of Australia's foremost property investing educators, both uniquely qualified to teach readers how to create a system that requires minimal effort, but will produce enough income to leave full-time employment forever.

Table of Contents

Foreword.

About the authors.

Acknowledgements.

Preface.

Introduction.

Part I: Buy and hold, short-term growth and flips.

1 Negative gearing for long-term growth (buy and hold).

2 Positive cash flow properties.

3 Positive cash flow properties and add value.

4 Flips, short-term growth and quick-turn deals.

Part II: Renovations.

5 Live-in cosmetic renovations.

6 Cosmetic renovations.

7 Renovations.

Part III: Subdivisions plus.

8 Subdivisions.

9 Separating and renovating a duplex.

10 Renovate and subdivide (1 into 2).

11 Renovate and subdivide (1 into 3).

Part IV: Construction.

12 Construction.

13 Developments.

Part V: Systemisation.

14 Developing a system.

15 Passive income and fi nancial freedom.

16 Your next step ….

Index.