Did you know that only 300,000 or so people own two investment properties in Australia? The number who owns three or more falls dramatically from the figure. However, more and more people are taking charge of their financial futures by buying investment-grade real estate assets. Like so many things with wealth creation, though, there are
No one ever sets up a business with the intention to fail. Rather, entrepreneurial types are motivated by a multitude of factors such as personal drive and ambition or a desire to work for themselves or to create a particular product or service. Sometimes it’s as simple as wanting to be in charge of our
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our “give it a go” attitude that sees so many of us decide to take control of our financial futures. Of course, without small businesses, our economy wouldn’t exist given some 97 per cent of all businesses are classified as ones
There are a growing number of people in Australia wanting to create wealth by undertaking a small property development. Unfortunately, many people attempt it when they don’t have the knowledge or the know-how, and they end up financially worse off than they were before. Others, while clearly capable of managing the project, don’t set up
The strength of Australia’s economy is due to its small and medium businesses. In fact, there are more than two million of them in Australia, who collectively employ a huge number of people. So, clearly, their importance to the overall health of our national economy cannot be overstated. However, one of the issues that
There are more than two million property investors in Australia but many of them never get past owning one property. And those who manage to buy a number of investment properties often hit a growth brick wall because of lending issues or poor asset selection. However others struggle to achieve their financial goals because
It’s a sad reality that our society seems to be more litigious than in years gone by. Thankfully, we’re not in the same parlous state as America, but there is a greater chance than before that you could become involved in legal proceedings that threaten your wealth creation efforts. While that might seem