Successful Property Investing
Episode 284, Jan 05, 2021, 05:30 PM
Wealth creation is a topic that is near and dear to many people’s hearts. This is why I’ve invited Sally Roche of the Mindset Moneybox to discuss wealth creation through properties. We exchanged interesting tips, strategies and ideas on mindset and investing. Sally excels in creating strategies that are the right fit for individuals rather than giving them generic ones. There are tons of practical learnings in this episode that you’ll definitely be able to apply in your wealth creation plans this year and for the years to come.
In this episode we discuss
In this episode we discuss
- [03:56] The story of how she started creating wealth and teaching it.
- [05:38] How you can have a healthy relationship with money.
- [07:50] Changing your values and beliefs on money while growing up.
- [09:30] Investing strategies and mindsets for different people.
- [11:22] Reason behind why people’s lifestyles expands to their income.
- [12:58] Estimating the amount of money you need to put aside.
- [14:18] Looking at capital growth and cash flow strategies for retirement.
- [15:59] Overview of the categories of income strategies.
- [18:13] Buy hold and rent strategy the likelihood of buying a property and seeing cash flow
- [20:17] factors you should look into in choosing an area
- [21:31] Other cash flow strategies you can look at
- [22:21] Best strategies for growing capital.
- [24:55] Finding land for land banking.
- [27:31] The art and science of crafting a portfolio of deals.
- [29:45] Elements of managing a portfolio.
- [32:14] Commercial property feeding into the mix of your portfolio.
- [33:36] Sally’s thoughts around office space rentals.
- [36:52] Mistakes people make when they’re going about their wealth.
- [38:15] Sally talks about her course.
- [40:27] Best tips from Sally.