podcast

Why most property investors fail

By Staff Reporter
0

Jason Paetow, director, AllianceCorp 

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Unfortunately, 95 per cent of investors out there fail when it comes to achieving their financial goals through property. One of the biggest reasons for this is they simply don't buy enough properties. Ninety-five per cent of investors only own two properties. So when we're looking to achieve our financial goals – whether it's retirement, paying down the home loan or setting ourselves up for the future – you need to go into this with a view that you need a big portfolio. So you could be looking at up to 10 properties and holding them for anywhere between five and 10 years to give you enough equity in those properties to generate the type of lifestyle or achieve the financial goals you set out to achieve. Two properties just doesn't cut it. It's better than none, but it's not going to achieve your financial goals.

Listen to other instalments of The Smart Property Investment Show:
Episode 52: Will property prices fall? When? And by how much? What investors need to know
Episode 51: SPECIAL EPISODE: SPI team reveals all the financial details of its portfolio
Episode 50: 8 properties by 25: Former housing commission kid reveals how he changed his life and created wealth
Episode 49: How to build a sophisticated multi-property portfolio
Episode 48: ‘From just $2,000 in my pocket to 6 properties’
Episode 47: The SPI Show answers more listener questions: Special episode
Episode 46: 4 properties by 24 – how to build a portfolio without sacrificing fun, travel or food
Episode 45: Special guest Mark Bouris on what really makes property prices rise and when to invest
Episode 44: ‘11 properties by 31, now I’m stuck: What’s next?’
Episode 43: 22 properties by 30: Can Generation Ys build massive portfolios?
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