How You Can Become Financially Free By Investing In Positive Property
Financial freedom is achieved when your passive income (income that you don't have to work for) is greater than the total of your expenses.
For example you would be financially free if you earned $4,000/month in passive income and all your expenses totaled $3,000/month.
You could then live off this money indefinitely.
Property investing is a great way to achieve financial freedom.
It is a great way to achieve this for a number of reasons.
Just by owning a property your income goes up over time When you own a property you income can go up over time without you doing anything and without reinvesting it back into this market.
This is because as time goes on your rental income will go up (because rental income's generally go up and up and up) but your major expenses (your mortgage) will stay the same.
Eventually, if you use a principle and interest loan) you will pay off your loan completely and then collect a lot more profit.
So just by owning property and renting it out you will get richer and richer in monthly cash flow just because rents tend to go up over time.
Other people buy your assets for you An asset it something that generates you an income without you having to work.
If you invest in property then you have to put down the down payment but after that other people will buy your asset for you.
If you purchase a property that is positively geared then the rental income will pay your mortgage repayments and then some! This means that someone else will be paying off your mortgage for you and you will have money left over to enjoy every month also You can make money in two different ways When you own positive cash flow property you can earn money in two different ways.
The first way (and what I believe to be the most important way) is that you can earn money through rental income.
Your rental income that you receive pays for the mortgage and other expenses and then gives you even more money on top to live off (so you can quit your job).
The second way you can make money is through capital gains.
Over time as your property goes up in value you become richer.
When you sell the property you can make a lot of money! Property, especially positively geared property, can be an excellent way to generate a passive income and become financially free.
You should learn more about investing in property so that eventually you can quit your job and do whatever you want to do!
For example you would be financially free if you earned $4,000/month in passive income and all your expenses totaled $3,000/month.
You could then live off this money indefinitely.
Property investing is a great way to achieve financial freedom.
It is a great way to achieve this for a number of reasons.
Just by owning a property your income goes up over time When you own a property you income can go up over time without you doing anything and without reinvesting it back into this market.
This is because as time goes on your rental income will go up (because rental income's generally go up and up and up) but your major expenses (your mortgage) will stay the same.
Eventually, if you use a principle and interest loan) you will pay off your loan completely and then collect a lot more profit.
So just by owning property and renting it out you will get richer and richer in monthly cash flow just because rents tend to go up over time.
Other people buy your assets for you An asset it something that generates you an income without you having to work.
If you invest in property then you have to put down the down payment but after that other people will buy your asset for you.
If you purchase a property that is positively geared then the rental income will pay your mortgage repayments and then some! This means that someone else will be paying off your mortgage for you and you will have money left over to enjoy every month also You can make money in two different ways When you own positive cash flow property you can earn money in two different ways.
The first way (and what I believe to be the most important way) is that you can earn money through rental income.
Your rental income that you receive pays for the mortgage and other expenses and then gives you even more money on top to live off (so you can quit your job).
The second way you can make money is through capital gains.
Over time as your property goes up in value you become richer.
When you sell the property you can make a lot of money! Property, especially positively geared property, can be an excellent way to generate a passive income and become financially free.
You should learn more about investing in property so that eventually you can quit your job and do whatever you want to do!
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