As we enter a new property cycle in Australia and with prices looking set to rise, the market is awash with advice. There is no shortage of people, online and elsewhere, who want to advise you on how to invest your money, offering themselves as property investment gurus who can help to make you rich.
But with so many ‘property experts’ around, how do you decide whose advice to follow? Whose guidance can you seek to devise a property strategy that works for you?
Has your property adviser walked the walk?
There are endless theories about property investment in Australia, but too often this is precisely what they are — theories, not backed up by any practical or real world experience.
In contrast, at Power of Property our property investment strategies are based on Michael Lawton and Danielle Charlton’s own extensive experience of buying properties across Australia — both the successes and the failures.
With multiple properties between them — the last one purchased only a few months ago — they know what is involved in property investment from first-hand experience. Rather than simply dishing out investment advice based on theory, both Michael and Danielle have walked the walk, and they use this experience when working with clients to develop effective, practical and realistic approaches to real estate investing.
What makes a successful property strategist?
Michael will be the first one to tell you that his experience has been hard won. He puts his hands up to making a number mistakes when he first started out on his investment journey. However, this also means that his clients benefit from the knowledge he has gained over a number of years — including the investments that didn’t pan out as he expected.
Therefore, the key to being a successful property strategist is to have been a property investor as well.
Unfortunately, a lot of new entrants to the industry simply don’t have the sort of real world investment experience to give credence and authenticity to their advice. You need to have invested in property over a number of years to gain a proper perspective of the market and how it works, as genuine experience in this somewhat volatile industry teaches you a lot more than theory does.
If you are considering getting advice on how to invest in real estate, you need to ask any prospective adviser what their own track record is like. If they don’t have multiple investments under their belt (ideally including some failures as well), then you have to question how valuable their advice can be for you. If they haven’t walked the walk, can you really trust the talk?
Take advantage of Power of Property’s extensive investment experience
If you want real world property investment advice, based on significant experience of buying properties across Australia, then you need to speak to Power of Property first.
Both Michael and Danielle have long track records of investing in real estate, and you can benefit from their experience without having to have to make the same mistakes they did!
Rather than relying on the advice of people whose knowledge of the property market is entirely theoretical and not backed up with real world experience, Michael and Danielle know first hand what it really takes to grow a property portfolio — because they have walked the walk and done it themselves.
If you want to find out more about what it takes to invest in property successfully — and how to avoid some of the mistakes that all experienced investors have made — call Michael Lawton on 0407 785 560 or Danielle Charlton on 0411 268 795, or book an online property strategy session at a time that suits you.