
11 Feb Why Experience Matters When it Comes to Property Investment Advice
But with so many ‘property experts’ around, how do you decide which investment strategies Australia should 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 investment strategy?
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.
The Australian housing market has often proven to be volatile and unpredictable but is still regarded as providing great opportunities for investors looking to increase their wealth. Of course there are countless examples of successful investing in property, but there is probably a greater number of stories describing failure to see a return on investment, many of which could possibly have been avoided.
Investors will look at the long term, steady rise in the value of property and be attracted by what appears to be an easy, sure-fire way to make money, but of course there are any number of pitfalls that can derail investments, especially for those investors with limited experience in this field.
When you really want to maximise your potential return on your investment, you need more than an understanding of the market, you need to have a clear strategy with defined goals and objectives with contingency plans in place to deal with any setbacks that you may experience.
And in all fairness, experience of successful and unsuccessful investments is the only real grounding that is appropriate, and at Power of Property, the highly experienced team of investors and analysts can help you develop a successful property investment strategy anywhere in Australia.
Before you take the plunge into investment, take the time to contact Power of Property and avail yourself of the services of a leading property strategist in Australia; your financial future may be dependant on making the correct decisions, so start off on the right foot by reaching out to Power of Property.