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 61: The ins and outs of strata: what buyers should consider
Episode 60: The pros of using a buyer's agent: why this investor brought someone in
Episode 59: How to invest in property as a team: two investors share their secrets
Episode 58: When do you stop investing? The SPI Show answers more listener questions
Episode 57: Wealth creation through property: trends and themes to think about in 2017
Episode 56: The SPI Show accountant reveals all: How to pick your financial team
Episode 55: The reluctant property investor: How necessity drove an 18-property portfolio
Episode 54: The SPI Show Q&A: Listener questions answered honestly
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
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