Philippe Brach, founder and CEO of Multifocus Properties & Finance, is a successful property investor who turned his passion for property into a unique investor-focused business. In addition, he is the well-recognised author of ‘Creating Property Wealth in any Market’ which lays out in detail what it means to invest in property.
His 25 year background in corporate finance and accounting, as well as his experience as a property investor, real estate agent and finance broker, gives him the perfect profile to help investors in all aspects of property ownership. In particular he can ensure that investment strategy, financial set-up, ownership structure and sourcing performing properties form a seamless plan that optimises potential for growth, and preserves benefits associated with managing a portfolio.
The answer boils down to one very simple factor: Education. Or in the case of unsuccessful investors, a lack of education.
Once you have a basic education underway… you can then start to understand how to make money out of property.
There are a number of reasons why you and your family may find they are getting by on a single income. One partner could be taking some time out of the workforce because you are having children, or you could be taking time off to study. You may even be dealing with personal or medical issues that prevent you from working.
Whatever the reason, if it’s likely that your situation is going to remain the same with a single income status for at least the next few years, you may want to adopt some smart investment strategies to suit your situation.
If you’ve ever wondered when the best time is to invest in property, I have the answer for you: twenty years ago. The second-best time to buy property is right now, because it’s time in the market that will ultimately deliver the biggest profits.