Description
Tired of working 9 to 5 for someone else, just to make ends meet?
Looking for a path to financial freedom so that you can spend your time doing what you want to do?
For many savvy Australians, property investing has lead to exactly that. They have found an investing method suited to their own circumstances and turns a property dream into an income stream – and, in some cases, an early retirement!
So how can you escape the daily grind and achieve the same results, even if you've never invested in property before?
The Real Deal is the only real estate book that:
- takes you through an array of investment methods – from negative and positive gearing to renovation, subdivision, commercial property and property development, and everything in between
- shares the experiences of 14 real-life, everyday investors who have created wealth using these methods so you can see how they work in the real world
- teaches you how to set goals and provides the tools to stay motivated to achieve them
- helps you access the best investment approach for you in terms of time, money, level of difficulty and effort
- actually gets you on the road to financial freedom – fast.
You'll learn how to make deals for quick profit, deals that you can work on yourself and deals that you can pay others to look after for you.
The options are limited only by your own creativity!
Table of Contents
Foreword vii
About the authors ix
Acknowledgements xii
Preface xiv
Introduction xvii
Part I: Buy and hold, short-term growth and flips
1 Negative gearing for long-term growth (buy and hold) 3
2 Positive cash flow properties 29
3 Positive cash flow properties and add value 47
4 Flips, short-term growth and quick-turn deals 61
Part II: Renovations
5 Live-in cosmetic renovations 87
6 Cosmetic renovations 99
7 Renovations 119
Part III: Subdivisions plus
8 Subdivisions 153
9 Separating and renovating a duplex 169
10 Renovate and subdivide (1 into 2) 185
11 Renovate and subdivide (1 into 3) 203
Part IV: Construction
12 Construction 225
13 Developments 245
Part V: Systemisation
14 Developing a system 271
15 Passive income and financial freedom 291
16 Your next step … 303
Index 315
