What’s the most highly paid ‘skill’ in property investing?
Well property research has got to be up there.
That’s because knowing how to read the data, and investigate an areas growth potential can make the difference between a blazing hot, winning investment and an ‘ok’ performer.
For example, I was looking at a suburb in south east Melbourne today.
You could have bought an apartment in this suburb in November 2014 for $598,000, that would now sell for $725,000.
So that’s an uplift of around $127,000 in 3 years.
Not bad at all.
But if you stretched a little bit further, you could also have bought a house in November 2014 for just over $1 million. \
And the median house price is now $1.73 million!
That’s an uplift of nearly $700,000 in 3 years.
My point – and I do have one…
A few hours of time invested into the right sort of research – looking at demand/supply ratio etc. would have told you this would likely be the case.
And that’s why I say research is one of the highest-earning-skill in real estate – each hour invested could potentially add $35,000 or more to your investment potential.
But, here’s the good news;
Todd Polke’s team spend over $200,000 per year on research. For every 500 properties they review each week…they might only select 6 as meeting their criteria.
That’s why they are arguably the best in the business.
And, now you can get their ‘all-star’ team’ working on your behalf to find properties with maximum capital growth and rental income potential.
Get the full scoop on tonight’s webcast.