7 Steps to Wealth – The Vital Difference Between Property and Real Estate by John L. Fitzgerald
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7 Steps to Wealth – The Vital Difference Between Property and Real Estate by John L. Fitzgerald
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Real Estate Investing – Learn about Real Estate
What is real estate? Learn about Real Estate
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit.
Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development.
Real estate is an asset form with limited liquidity relative to other investments,
it is also capital intensive (although capital may be gained through mortgage leverage) and is highly cash flow dependent.
If these factors are not well understood and managed by the investor, real estate becomes a risky investment.
Product Description
Get the most out of property investment and secure your financial future
7 Steps to Wealth is the only real estate book in Australia endorsed by three of Australia’s property billionaires. It shares John L. Fitzgerald’s own 35-year proven property strategy, supported statistically and with real life case studies from readers of earlier editions. Now in its 8th edition the book is completely up-to-date with the latest census data, location criteria and growth forecasts.
Most importantly the book exposes the difference between property and real estate, proving that it’s only the land that appreciates and that the buildings that sit on the land actually depreciate. Indeed 7 Steps to Wealth uses Warren Buffet’s secret of compound growth but adapted for Australian property investors. Fitzgerald proves that certain residential land is Australia’s best growth asset –– and will continue to be given current record population growth.
• Unlock the secret power of compound growth and make it work for you
• Avoid the common mistakes that most property investors make
• Read case studies and testimonials from millionaires using the 7 step strategies
• Understand how to safely build wealth in property, be cashflow positive and still get a tax deduction.
With Australia’s record population growth, there is no better time for Australians to use this proven strategy to safely build wealth for a comfortable retirement, one that doesn’t mean relying on government welfare.
SIZE: 3.6 MB
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