The Property Puzzle

Book excerpt: Failing to have an investment plan is the biggest cause of property investor mistakes such as buying the wrong property, not managing risk, wrong ownership structures, under-performing property and the list goes on. Until now, property investment books and courses haven't addressed key financial planning issues such as working out how many properties you need to buy, correct risk management, retirement strategies, estate planning and so on. The Property Puzzle is an easy to understand 'how to' guide, which teaches readers how to develop their own property-based financial plan. Complementary to all other property books, it addresses topics such as defining goals, choosing a property strategy, developing financial forecasts, managing risks, developing a retirement strategy and much more. Throughout the book, we follow the journey of new property investors, David and Susan, and discuss how they tackled certain issues when developing their own financial plan. We also interview Australia's leading property experts to help you through the planning stage. The Property Puzzle is compulsory reading for all property investors. It will show you how to avoid the myriad of mistakes that many investors make. Once you have developed a financial plan, you will feel empowered, knowing you are one step closer to achieving financial security.