Make this your year by securing your financial future through property investment.
Either by starting your property investment business or expanding your existing property portfolio by optimising your cash flow and existing equity.
Here are some simple action steps you can take right now.
STEP 1. Decide that you are here for a purpose and that you will retire financially free and take action.
STEP 2. Attend an IGrow Property investment seminar. This will provide you with a holistic view of property investment as well as equip you with the necessary knowledge, strategies and motivation to take advantage of the opportunities that’s available in South Africa as an emerging market. We will also discuss different property structures for tax purposes, how to buy properties well below market value and much more.
STEP 3. Arrange for a personal meeting with me regarding the evaluation and planning of your existing property investment portfolio. Here I will help you to formulate a clear and precise strategy on how to make money and retire financially free.
STEP 4. You will meet with the IGrow Wealth Home Loans Bond Originator and Strategist Louis Koen. He will assist you in boosting your affordability and exposure by our methods and experience. After this consultation you will be in a position to know how many properties you can buy and at what price and gearing ratios. He will also help you to create existing cash flow for property investment by re-financing some of your existing properties.
STEP 5. You will also meet with IGrow’s personal Financial and Property Investment Risk Advisor Frans Labuschagne, who will provide you with a personalised financial action plan on how to increase your cash flow for property investment. Frans will show you how to derive maximum tax benefits on your life insurance, as well as evaluating the growth on your existing investments to determine whether it should be kept or geared towards property investment.
- Determine your financial goals and objectives.
- Evaluate and analyse your current financial portfolio.
- Identify performing and non – performing assets.
- Ensure your portfolio is correctly structured to take full advantage of allowable tax benefits and protection from creditors.
STEP 6. You will meet with Stiaan Burrows our chartered accountant for Property, Trust and Tax advice. He will assist you with the following functions:
- Advice on distribution and flow of funds between your trust structures as well as Property & Tax structuring advice.
- Submission of provisional tax and annual tax returns and much more.
Rich investors has a positive mindset
A Positive Mental Attitude is indispensable to your success as a property investor. You can be as positive as you want to be if you will simply think about the future, focus on the solution and look for the good. If you do what other successful property investors do, if you use your mind to exert mental control over the situation, you will be positive and joyful most of the time. You will reap the benefits enjoyed by all successful and wealthy investors.
Exercises to develop a positive mindset.
Here are three steps you can take to develop a positive mindset and attitude.
STEP 1. Become solution-oriented with every challenge you face. Make a habit of looking for the answers to your questions and the solutions to your problems.
STEP 2. Seek the valuable lesson in every setback or adversity. Make a list of every idea or insight you can gain from every setback or difficulty and learn from it.
STEP 3. PUT PEN TO PAPER. ” Think on paper!”. Write out every detail of the problem, and then take the most logical next step to solve it.>