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Often we want to set ourselves up for life, but we may be not sure how to do it?
Property Investors have always fallen into a common mistake. So often they ask the question:
It is so important that when we think we're comparing Apples with Apples we really are doing just this. This is where the Median House or Unit Prices can really confuse people that accept what a media reporter who is uneducated in Property tells them in an article or post. A Median Price is only an activity indicator! Won't that surprise many of the people that are posting about our Real Estate industry.
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Today, the world of Property Investing has changed enormously, with new lending structures and criteria imposed, new depreciation laws, property options have vastly changed forever and we are now post boom in some locations with others still growing & a number that could still grow very strongly. Rental demand has changed, locations, property type and how you set up with your first investment property has NEVER been more important than today.
Property is an interesting investment vehicle, it can work to virtually any strategy, reach goals and deliver financial freedom when worked the right way.