We asked three highly regarded investors how someone on a lower income could realistically make $1m in 10 years through property. Admitting that it wouldn’t be easy, they’ve come up with three very different strategies. The result is one of Australia’s most comprehensive blueprints to property success.
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Make $1m through property investing! On a lower income! It’s printed on many a flyer and spam email, but it got us thinking: could it be possible? This is a question we posed to three accomplished property investors who’ve tried just about everything. They explained how a real person, earning real money in a real economy, could do it.
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Jeremy Shepherd explains why vendor discounts can be wolves in sheep’s clothing, how renters sap the value from a suburb’s price growth prospects and why some of the properties you think are lemons might actually be engines of capital growth.
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