Learning About Property Investement
Its a pity our education system does not teach people how to manage their financial affairs. The emphasis at school is on learning skills to earn money, not on money-management skills which lead to long term financial security. Consequently, when people make the decision to invest in property, they often know very little about its financial aspects. So who do we turn to for information about investment property?
Education begins after you leave school
In general, the financial advisory industry gives scant attention to direct investment in property, probably because their advice is often structured around managed products. Bank managers, accountants and solicitors can help but they are not hands on experts. Some of the very best information and tips you can get about investing in property come of word mouth from other property investors.
This book contains 101 of their stories and provides a great opportunity for invetsors to learn from others' experiences. Some of the stories will warm your heart. They are about ordinary people doing unordinary things to achieve their goal of becoming financially independent. Other stories, about peoples' mistakes, may make you squirm. Story by story you will learn a little more about the many strategies and wonderful benefits of investing in residential property. |