The 12 Rules of Property Investing

Episode #67

Investing comes with rules, and because of that it’s a great path to guarantee wealth creation.

So in the show today, we are talking about some of the rules that we need to understand when it comes to building a portfolio and creating wealth out of property.

We will be tackling 12 of the top rules today, and hopefully you will walk away with the best path for yourself as a property investor. 

On this episode I discuss - 

4:50 - Rule #1 and #2 - Don’t lose money! 

10:31 - Rule #3 - Real estate is driven through compounding growth 

16:06 - Rule #4 The 10/30 rule for maintaining your assets 

23:21 - Rule #5 - The 50/30/20 Rule - Basic budgeting for before you start investing 

30:07 - Rule #6 - The 75% Rule - Why your renovation project didn’t turn a profit 

37:19 - Rule #7 - Rule 20 - Defining your success in real estate 

39:40 - Rule #8 - The 30% Rule - Choosing the right tennant 

42:21 - Rule #9 - Rule 43 - The value of newer properties 

44:49 - Rule #10 - Rule 40 - How to save on your taxes 

46:31 - Rule #11 - The 50% Rule - My least favorite rule! 

50:30 - Rule #12 - The 1% Club and how to get into it 

Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)

If you’re yet to subscribe, be sure to do so on your favourite channel. 

Apple - https://pre.fyi/upi-apple

Spotify - https://pre.fyi/upi-spotify

Google Podcasts - https://pre.fyi/upi-google

YouTube - https://pre.fyi/upi-youtube

And remember, I’m really good on 1.25 or 1.5 speed :)

Take care,  Sam

 

Close

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.