Property As An Insurance Policy: This Will BLOW YOUR MIND!

Published: Feb. 28, 2019, 8 p.m.

b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/property-as-an-insurance-policy-this-will-blow-your-mind\\\\/#arve-youtube-hpcxtt1iq4i659a0b2c455d0086382973","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/hpcxTT1iQ4I?iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\n\\n\\n\\n\\nThe concept of "property as an insurance policy" may be one of the most important concepts you hear around property investing. This concept can allow you to invest in a low risk way, achieve your goal of financial freedom and live the life you want now Book a free strategy session - https://onproperty.com.au/session/\\n\\n\\n\\n0:00 - How this is different to traditional property investment advice\\n1:24 - How this idea of property as an insurance policy came about\\n4:11 - Traditional property investing advice goes like this\\n4:50 - The parable of the pharmacist\\n5:25 - What does property as an insurance policy look like?\\n7:40 - How this changes your investment goals\\n8:52 - Why this concept is SO POWERFUL\\n12:40 - You can still aim to achieve financial freedom as quickly as possible\\n14:50 - If you can understand this property investing becomes so simple\\n15:20 - How long is this going to take you? Maybe as little as 1-2 years\\n16:55 - If you found this interesting then do this\\n\\n\\n\\nRecommended Videos What it feels like to be financially free - https://www.youtube.com/watch?v=xVzvDkMpZ3k 2 Properties to Financial Freedom - https://www.youtube.com/watch?v=Pj8gLiDEz8Y\\n\\n\\n\\nTranscription:\\n\\n\\n\\nThe concept that I want to share in today\'s episode, maybe one of the most important concepts you hear around property investing. And that\'s this concept of property as an insurance policy. There\'s a lot of content out there talking about property as a way to get rich quick, achieve wealth achieved financial freedom. Heck, I\'ve even created a lot of it, but a lot of that requires you or expects you to continually work and continually strive until you reach this defining point in your life where you\'re either wealthy or you\'re financially free, and then you can stop. That\'s going to take an extremely long period of time and life is short, but property as an insurance policy, as an powerful, powerful concept that can allow you to invest in a low risk way, achieve your goal of financial freedom, but also live the life that you want.\\n\\n\\n\\nNow. So there\'s some pretty big claims that I\'ve made about this episode, but let\'s get into it and then you can decide at the end whether or not you think this concept is as powerful as I believe it to be. Hi, I\'m Ryan from on-property, helping you achieve financial freedom. You can check out everything I do over on property.com. Dot. Aau. Don\'t forget to subscribe as we weren\'t new videos coming out every single week day. So this idea of properties insurance policy actually came about a little over a year ago where I was having a conversation on the phone with Ben Everingham who\'s the buyer\'s agent from pumped on property. Likely if you follow the channel, you know who Ben is. We do a lot of content together and we\'re actually friends outside of work as well. So he had called main cause sometimes he likes to get my opinions on things and he was looking to completely revamp his property portfolio.\\n\\n\\n\\nSo Ben\'s quite a successful investor at this point in time. His property, he wasn\'t delivering him the cashflow that he wanted or that he would need if he stopped working, he wouldn\'t actually be financially free from the cashflow. So he was a bit stressed about that, called looking at selling a bunch of assets, rebuying different assets in order to get that cashflow fast up. And so I started having the conversation with him and I asked him a couple of simple questions. The first question I asked him is, do you want to stop working? Do you need this income now? And the answer was no.'