Photo by Daniel Barnes on Unsplash Make a wise investment with your time and money and you can have the life you always dreamed about having. Are you investing your time and money in a way that will ensure you have a successful, prosperous and joyous life? Time and money are the two most valuable […]
Or how I smiled while losing $10,000. Photo by Mohamed Nohassi on Unsplash. How can you lose money and still feel like a winner? When you are really in control of your feelings and you have the right plans and motivations, you don’t react so drastically to failure. So, how do you fight failure? You fight […]
Lesson 1: The 4 strategies to Wealth creation
There are basically 4 ways to build wealth through property. They are through:
1. Cash-flow – income from property rentals.
2. Appreciation – income from increased value.
3. Amortization – value creation through renter’s pay-down of your loan.
4. Tax Savings – savings through incentives and write-offs