2 Properties To Financial Freedom: Quickly Explained

Published: March 27, 2019, 8 p.m.

b"https://www.youtube.com/watch?v=xa-pbubbzN0\\n\\n\\n\\n\\n\\n\\n\\n\\nThe 2 Properties to Financial Freedom strategy is a property investment strategy that is fairly low risk and can allow you to set yourself up for financial freedom in as little as 2-5 years for most people. Here is the strategy quickly explained.\\n\\n\\n\\nBook a free property strategy session\\n\\n\\n\\n0:00 - Introduction0:30 - The 4 Stages of Property Investing1:13 - Stage 1: Buy and Build Properties3:42 - Rough figures of the foundational properties6:14 - Granny flats\\u2026that sounds weird?!8:11 - Stage 2: Pay Off Debt9:55 - Pursuing happiness without financial freedom11:33 - Stage 3: Freedom12:46 - Stage 4: Build Wealth14:00 - Quick summary\\n\\n\\n\\nTranscription:\\n\\n\\n\\nthe two properties to financial freedom strategy is a property investment strategy that is fairly low risk and can allow you to set yourself up for financial freedom and as little as 2 to 5 years for most people now this doesn't mean you'll financially free after 2 to 5 years but you set yourself up so that you will be financially free in the future so in this video we're going to look at exactly how this strategy works hi i'm ryan from on-property helping you achieve financial freedom and this strategy is broken into the four stages of property investing so there's four main stages of this strategy the first stage is the buy and build properties stage so this is where you're purchasing properties and building granny flats acquiring what we're gonna call foundational properties the second phase is the pay off debt phase where you pay off debt the third phase is once your debt is all paid off then you have freedom and you can live off the rental income of your properties now a lot of people will want to stop here at phase 3 and go on to live a life that they love with freedom of choices but some people may want to go on to phase 4 which is wealth and building wealth in your life and becoming much richer so let's have a look at phase number one which is the buy and build stage so in the buying build stage this is where we're going to be acquiring our key properties that will deliver us financial freedom in the future we call this the work hard phase because this is where you're working hard to save your deposits to research markets to purchase properties to build granny flats this is where you're working hard and this stage you're looking at around two to five years for most people it can be shorter if you're in a really good position it can be longer as well if it takes you longer to acquire these properties so 2 to 5 years is a guideline for what a lot of people can achieve and as you can see that's a pretty short period of time compared to our lifespan so to work hard for just 2 to 5 years to set yourself up for financial freedom is definitely worth it in my mind but as I said it can be shorter or can be longer so the idea here is that we purchased two properties and we go ahead and build two granny flats this won't work with just any so we'll be looking at high quality metro markets because this is gonna be a long-term investment at the moment that's kind of Brisbane southeast Queensland to get the rental returns and the figures that we're talking about but that can be other places in Australia that allow you to build granny flats we're looking for places that have long-term demands so we don't want things like mining towns that'll boom and then busts within the next 10 years we want long-term demand for our properties we want to get capital growth if we can this strategy doesn't rely on capital growth but obviously capital growth can accelerate the purchase of new properties and it means that those properties are in demand and are likely to get rental growth as well we want to invest at the right time of the market cycle so we want to invest somewhere towards the bottom of the market so ideally we can then get some growth we want suburbs that are set for growth so we're looking at high-quality metro markets but we want the bes..."