Hi friends.
Welcome to your June 2022 monthly newsletter.
Hi friends.
Welcome to your June 2022 monthly newsletter.
Big opportunities are fickle and very rarely give you a second chance.
But that’s exactly what’s happened, so be sure to check out our urgent and time-sensitive Gift of the Month!
Now, winter is finally here as the temperatures fell significantly this week and the property market is starting to cool too.
After 22 consecutive months of growth, both Sydney and Melbourne (and now Hobart) have been the first capital city housing markets to record negative monthly growth rates.
This in itself is of little concern to any of our clients using ‘The New Way To Make Money In Property Fast!’ strategies, however, the broader economy is not so insignificant.
There’s a high degree of uncertainty and lack of confidence, higher interest rates, rising stock levels, ongoing supply chain issues and not to mention a very disappointing election result for anyone interested in integrity and freedom.
It’s true, many builders are going broke right now, both big and small. My accountant has a client who has lost $2.5M this financial year through no fault of his own – fixed price contracts, inflation and time penalties have squeezed him into a large loss. Ouch!
Project financing is falling over on new-builds, as time limits expire on previously secured loan facilities, because builder after builder is going broke or bowing out of the tender process.
This may not affect you too much is you are just doing one cosmetic reno at a time, but, it still doesn’t help overall market confidence.
It certainly is a time to be very wary of your downside risk, play strong defence, be sure not to overpay for a deal and consider smaller, niche projects the way to go.
In light of all this, there is still certainly plenty of opportunity in the right locations with the right strategy and the right skill levels.
If you are experienced in any of our ‘active’ strategies, you should be fine to continue, but don’t get sloppy.
Whilst property in general is usually very forgiving over time if you make mistakes, at this stage of the cycle, I think you’ll be waiting longer to recover from any, so be more discerning and conservative with your figures before going unconditional.
I personally believe a debt-free, positive-cashflow, moderately-sized Airbnb / Short Term Rental business focused on certain coastal hotspots to be a very rewarding and valuable asset worth building right now.
They can be very low cost to start up, positive cashflow almost from the first month, and above all low risk should things not work out for whatever reason.
Defence is the name of the game right now.
With all this uncertainty, maybe its time to do what bears do at this time of year, stock up the cupboards, sure up any weaknesses in your business / finances, and hibernate for the winter.
I’ve certainly got some simple but key ideas in my success tip video for you below, and be sure to check out our other experts videos too.
Get Educated Now.
IMPORTANT: You must be registered to access the webinar and the replay.
Expert Sean redefines the meaning of inflation and why our finance system is out of control
Crypto trader Jonathan recaps the latest news stories from May, reveals what to watch for in June
Click the photos below to view on Facebook.
‘The Entrepreneur Roller Coaster’
by Darren Hardy
Learn the best strategies Darren has ever collected from the most successful people on the planet, covering the four essential skills necessary for entrepreneurial success: Sales, Recruiting, Leadership, and Productivity.
‘The Entrepreneur Roller Coaster’ by Darren Hardy
Learn the best strategies Darren has ever collected from the most successful people on the planet, covering the four essential skills necessary for entrepreneurial success: Sales, Recruiting, Leadership, and Productivity.
Spicy Chilli Tofu
This succulent, saucy and spicy vegan Chilli Tofu dish, with tamari, ginger, garlic, coriander and cumin, is the perfect blend of hot and sweet flavours, and delicious when served as a side or a main when accompanied with rice.
Spicy Chilli Tofu
This succulent, saucy and spicy vegan Chilli Tofu dish, with tamari, ginger, garlic, coriander and cumin, is the perfect blend of hot and sweet flavours, and delicious when served as a side or a main when accompanied with rice.
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All content and information provided in the presentation is general advice and for educational purposes only. If you wish to make a particular investment or follow a particular strategy then you should consult a financial adviser to fully understand the risks associated with that course of action in your particular circumstances.
All testimonials on this page are real testimonials from real clients... however, we can't be certain that the results stated by these clients are typical nor can we verify that they are correct. Anyway, past returns can't be taken as indicative of future results. We don't believe in "get-rich-quick" programs – only in sharing practical wealth building knowledge, adding value, inspiring confidence and teaching intelligent risk management solutions. Our expert's programs are intended to help you expand your knowledge and support your financial analysis while growing your investment confidence. As stipulated by law, we cannot and do not make any guarantees about your ability to get results or earn money with our ideas, information, tools or strategies. We don't know you and, besides, your results in life are up to you.