Discovering the True Potential of Property Investment
In my journey spanning over two decades in property investing, one pivotal realisation stood out: The only deposit I ever needed to save for was the first one.
Utilising Equity to Propel Your Investment Journey
Here’s how it works: leverage the equity gained from your initial property to fund the deposit and associated costs for subsequent investments. This strategy, known as utilising lazy equity, enables you to expand your property portfolio without the burden of saving multiple deposits.
Below you will find a recent interview where I discussed the power of harnessing your equity with Sunrise hosts Natalie Barr & Matt Shirvington. I discussed the concept of making the most of your lazy equity and using it to give you more freedom over your future and in particular being debt free on your own home in 10 years rather than 30…
Breaking the Deposit Barrier
If you find yourself grappling with the daunting prospect of saving for subsequent property deposits, fear not. The average Australian spends anywhere from 6 to 10 years amassing funds for a deposit, depending on where they are buying within Australia. Understandably, the notion of enduring another lengthy saving period to purchase an investment property can be disheartening for aspiring investors.
However, by capitalising on the equity accrued from smart property purchases and allowing market dynamics to work in your favour over time, you can seamlessly transition into your next investment venture without the need for additional cash injections. This is called utilising your lazy equity, and if you have owned your home for 2-3 years there is a high chance you already have some equity you could access now. Check out the below video where I discuss exactly how to use equity to unlock your investment potential.
Empowering Financial Freedom Through Property Investment
I’ve witnessed firsthand the transformative impact property investment has on thousands of Australians and their families. You don’t need to wait until you have substantial wealth to embark on your investment journey; strategic leveraging of equity facilitates effective portfolio expansion.
You may think that investing is just for the wealthy, however, this isn’t true – in fact OpenCorp Clients are everyday Australians just like you. Check out some of our clients here and read about Michael & Talar who have a busy life with four kids yet have built an impressive investment portfolio with 4 properties.
The Role of Partnerships in Investment Success
An often-overlooked aspect of investment success is the importance of expert guidance. I find that when couples start this process together, they get much more positive outcomes, it fosters informed decision-making and strengthens mutual commitment to shared financial goals. Initiating conversations about investment goals with your partner can be daunting, particularly if their exposure to investing differs from yours. However, framing discussions around envisioning a life unbound by financial constraints serves as a compelling starting point.
By envisioning your desired lifestyle and reverse-engineering your financial aspirations, you lay the groundwork for a tailored investment strategy aligned with your objectives. This proactive approach fosters alignment and enthusiasm, essential ingredients for investment success.
Empowering Education and Support
At OpenCorp, we advocate for property investment not merely out of passion, but because of its unparalleled potential for wealth creation and financial security. Our team is committed to achieving market-leading results and guiding investors throughout their journey, ensuring clarity and confidence every step of the way. By leveraging equity, fostering open dialogue with your partner, and aligning your investment strategy with your long-term goals, you pave the way for a future defined by prosperity and peace of mind.
If you would like to know more, please book a complimentary Discovery Call today and see how you can get your lazy equity working for you.
