Money Australia — May 2017

The majority of Australians will retire

on less than $30,000 per year.

There’s never been a better time to invest in

property. Some markets are moving at a rapid

rate and others appear primed for growth

allowing us to identify opportunities. There’s

a lot of talk about growth in Sydney and

Melbourne and interest rates, the budget and

what’s going to happen with negative gearing

are all hot topics. While good investments can

always be found, sometimes the most diffi cult

part has nothing to do with the property itself.

Separate yourself from the pack.

The biggest barrier to property investing

success is one’s mindset. Today we’re

inundated with what I call white noise — news

bulletins, social media, people’s opinions and

‘click-bait’: online articles designed to target

our emotions. Heed them all but make your

own decisions.

Play the banks at their own game.

Most people look to the banks for fi nance

guidance. The way a bank wants to structure

your loans will only align to their bottom

line. In most cases this will put your primary

residence at risk so avoid cross securing as

this means the bank remains in control.

Leave your emotions at the door.

The number one mistake I see investors make

is they buy based on emotion. 70% of property

investors only acquire one investment and

most buy in the postcode they live. A property

doesn’t go up in value quicker if you drive past

it every day.

A proven process.

Real wealth is achieved by following a proven

process and investing in growth property

across multiple cities. This process will ensure

you build a diverse portfolio with exposure

to growth markets at any point in time

regardless of interest rates, rent cycles, capital

growth cycles, infrastructure investment and

government changes.

At OpenCorp we use our proven MAP proce

to select the right city Market, the right Area

and ultimately the right investment Property

you and your long term investment goals.

Michael Beresford

Director of Investment Services

OpenCorp

Join the minority.

Claim your free book and learn about

OpenCorp’s proven MAP process and

how you can get you started on the

road to sustainable wealth.

In entertaining, jargon-free language,

My four-year-old the property investor

explains why following a proven

system is crucial when investing for

long-term gain.

Valued at $27.

opencorp.com.au/moneymay

Are you in

the majority?

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