Real Estate as an Investment tool for Asset Progression
Asset progression is using real estate as an avenue to increase net worth with systematic growth.
Step 1 (Taking profit): You begin with one property. You watch the prices and then you sell. You make a sum of money.
Step 2 (Multiplying assets): You use the money that you made from that first property to make another purchase. If you can afford to purchase two properties, you purchase two. This is how you can multiply your assets.
Step 3: Repeat the above steps.
By following through with the steps, you will be able to enjoy the results- growth will be systematic and not loosely determined by “external factors” like “market forces”.
An asset progression plan requires work and commitment. It is not going to be easy. You will need to be equipped with effective techniques on how to select the right property to purchase, how to spot under-value property, how to determine exit points, how to apply creative financing strategies and how to safeguard your wealth. It will require one to be prudent and smart about making the right choices.
