Common Misconceptions About Property
Before we even get started, let me share with you two of the biggest misconceptions that the vast majority of people have about investing in property:
- You need to have a lot of money
- It’s risky
There are many more, but in my journey of more than two decades in property investing, those are the two misconceptions I am hearing all the time. And most likely you have thought about these terms too.
Unfortunately for most people, they hear those misconceptions and don’t move any further in property investing. But what if there was somebody who could help them to dispel those misconceptions, show them how to invest in property with little or even no money down, and explain how to manage the risk and have a long-term profitable investment?
That’s precisely why I wrote my book and why I am offering property investing training and mentorship. Because, if you know how to do it properly, investing in properties is actually easy. You might possibly need to change your mindset and overcome your fears about a few things that you currently believe, and that’s the more difficult part. But, more about that later.
Please read my book at least twice and highlight important sections. I’d like you to come to one of my seminars, too. It is very important to have the right knowledge and mindset in order to succeed. My book answers some important questions, but you will need to keep learning.
Did you know that about 80% – yes, that’s a whopping 80% – of wealthy people in this world have acquired their wealth through property in one way or another, be it development, flipping, investing, or simply the family home that has quadrupled in value over the years? Wouldn’t you like to be part of that group?
How Can I Make Money In Property?
This is probably one of THE key questions. It is definitely possible to earn money with property, but also to lose it. That’s why the right knowledge about selecting properties, managing risk, and other topics is of essence.
There are many different strategies available in property investing that I will be sharing more details about in my book and in my training program. But to start, let’s look at the two ways in which you can make money in property on a high level:
- Increase in value through appreciation
- Rental income
You will need to decide which one to focus on for each property you plan to acquire, as quite often properties with a good appreciation potential do not give a high rental income and vice versa. But who said you can have only one property? In fact, savvy investors build up a portfolio over time that suits their strategies and financial situations and I’d like to encourage you to do so too.
One of THE key advantages you have as a property investor is the ability to create a passive income for you and your loved ones. Passive means that you do not need to work for it and the income just keeps coming every month. It doesn’t mean that investing in property is totally effortless, but you can do the work once and reap the benefits forever. Isn’t that fantastic?
This passive income can serve as an additional source of funds, to help protect your family, to use for travel, pursue your hobbies and dreams, help the less fortunate, and potentially enable you to retire earlier and supplement your pension. Did you know that a vast majority of retirees do not get a sufficient pension to enjoy a comfortable retirement without having to worry about money? I hope to be able to help you not to fall into that category!
The Property Apprentice Master, Jochen Siepmann, wants to share the wealth of his knowledge easily and effortlessly with you for FREE. Start your journey now to greater wealth through passive real estate income and capital appreciation with one, or all, of these FREE offers: