Has there ever been a better time to become a property investor?
If you have ever considered the idea of building a property portfolio, then this is the time to get started!
I have not personally seen a better time in the past 25 years for investors to get going.
Over the past 25 years, we have had periods of high interest rates, lower rental returns and properties in previous booms growing up to $10,000 per week, making it very hard for first time investors to get into the market while more experienced established investors reaped the rewards.
Now we have what I see is a once in a lifetime alignment of the stars for property investors.
Because of 4 main points:
1. Interest rates are at the lowest in our history. Around 4.1% for investors. This is incredible.
2. Rental returns are 4.2-5% which covers the loan costs.
3. Vacancy rates in the right areas are at 2%, which means a house is vacant less than 1 week per year. That’s enough time for one family to move out, clean the carpets and the next tenant to move in.
4. Certain areas in Australia are at the stage to grow in value over the next 2-3 years.
So, let’s look at this.
Low interest rates, good rental returns, rental demand and great growth prospects.
This is an alignment of the property investors stars.
If ever you wanted to start building a portfolio, this is the best time I have seen in 25 years – don’t wait any longer.
Do it now!
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Let’s organise to catch up and see what you can do.