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Strategy

Michael's 7 tips for business owners to invest in property

Prior to joining DPN, Michael ran his own business for 15 years where he learned the importance of investing outside of your business. Here you will find his top tips to get started in property investment. 

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Strategy (159) / Property investor (182) / Getting started (147) / Beginner (594) / Business Owners (16) / Business owner (15) / Tips (151) / Property investor (117) / Michael Fuller (1)

Property Consultant

THE EXPERT

Michael Fuller

Michael Fuller is a Property Consultant at DPN. Michael is part of a team at DPN that has helped over 3,000 people build wealth through property investment

Tip 1: Know your strategy

Retirement should be about living the life you want, but that means having enough money to do the things you love. Here we look at how you can get there.

Tip 2: Should you invest in a house or a unit?

Trying to decide whether to invest in a unit or a house? Here’s our comprehensive guide containing the pros and cons of each option. 

Tip 3: Understand your financial position

Running your own business is an investment in itself.  It makes sense to invest some of the profit elsewhere to generate multiple revenue streams.

Tip 4: Should I buy old or new?

Tax deductions, like depreciation, are often overlooked when purchasing an investment property and can result in thousands of additional dollars, particularly for new properties. Learn more.

Free - No Obligation

Contact Michael for a Property Investment Plan

Tip 5: Aim for financial independence

​Cash flow positive properties do exist and with the right research and careful planning, these property investment opportunities are out there to help you enjoy financial freedom.

Tip 6: Simple is best

Setting yourself regular financial goals is an integral part of your journey towards financial freedom. One of the best ways to ensure that you are setting your financial goals in the right way is by using the SMART criteria for goal setting.

Tip 7: Invest for the long term

If you’re an investor looking for both capital growth and high rental yield, we have the answer. It comes down to thorough research, a willingness to look outside your comfort zone as well as understanding the many property markets in Australia.

 


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