EPI 085 | Which way is your path to success? Part II

 

Everyday property investing - podcast episode

 

 Which way is your path to success? Part II

LISTEN via streaming audio (00:44:38 min): 

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

DOWNLOAD (Right click and ‘Save as’): EPI 085 | Which way is your path to success? Part II (21.4MB)

 

Things we talk about

 Buy and hold What’s news

  • Reno project bombshell!
    Mastermind Jo goes solo!
time frame The Path to Success Part II

  • Factors which determine your
    strategy

    • Time frame
      • Short-term goal
        to quit—heavy
        cash flow bias
      • Long-term goal—
        balance cash flow
        and growth
    • Risk profile
      • Faster strategy
      • Mining towns, student
        accommodation, buy-reno-
        sell, development
    • Activeness
    • Financial situation

Quick tip and action

5-year target
  • Set your five-year goal
  • Work backwards from there,
    planning out years 4, 3,2, 1 

 

 

 

 

 

Speak Your Mind

*