Anita Bell - Your Investment Property How to Choose It, Pay for It and Triple Your Returns in 3 Years

Welcome to the wonderful world of investment loans and property. With this book I hope to answer all of your questions and more about buying and selling properties for profit. But you can also use or adapt many of the tips and shortcuts in here to buy or sell holiday homes, business premises, hobby farms or live-in fixer-uppers.

For those of you who dont know me from my first books, I must warn you that I have absolutely no formal qualifications whatsoever in the real estate or banking industries. Everything youre about to read is from personal experience gathered while I bought and paid off my own home PLUS three investment properties between the ages of sixteen and twenty-six. (And all of them in less than three years each while earning only low to middle incomes and without having to borrow against one to buy another.) There are also shortcuts and traps I discovered from helping to rescue othersfree of charge of course, because unlike many other finance authors, Im not involved in the finance industry.

My immediate goal is to keep your initial costs down, by focusing each book on self-contained specific financial goals, depending on your needs at any one stage in life. Thats why the chapter on selling your home quickly is in this book, not in Your Mortgage .

One last note before we begin

My goal of buying and paying out investments as fast as possible so I can move on to the next one debt-free is definitely NOT what youll hear from any other investment specialist that Im aware of. Even the reputable advisors seem to focus on debt maximisation and tax minimisation, aiming for capital gain in the long term, while I focus on minimising costs and maximising profits in the short term, using tax minimisation as an accelerator with capital gain as a bonus.

Why such different approaches? Well, I think of it as just two ends of the same solution, and the multitude of packages that get offered to you in the investment marketplace usually fall towards the far end from how I prefer to invest in property. My choice is based on the fact that I like to live debt-free and Ive learned how to get the best out of every cent that passes through my pocket in order to do that.

The debt maximisation argument is based on the assumption that you dont mind being in debt and that you are already doing the best you can with your personal finances. We can debate the pros and cons of both sides until were all blue in the face, because neither side is right or wrong. However, knowing that my alternative exists should arm you with the knowledge and confidence you need to find your own happy medium for your own circumstances. And yes, many of the tips and hints in this book should still apply to all reputable investment programs even if they involve big debt.

Sadly, no-one teaches us about money management early on, so a lot of sensible, hardworking people are falling behind despite their best intentions. Too often, theyre sinking way over their heads in debt and paying twice what they need to, while theyre chasing future projections of growth, instead of minimising debt and maximising profits to get ahead of the pack in leaps and bounds in the short term. But more on that later. Just remember that no matter what path you choose for investment, always do what FEELS right for YOU. Money is only part of the equation for financial success. Fun and contentment should play a big part too.