Get focused on being educated when it comes to buying and investing well as you build your wealth through property.
In Sort Your Property Out & Build Your Future, top-podcast co-host of my millennial property John Pidgeon unpacks how successful investors make money. He provides a step-by-step guide for starting and building a portfolio.
“You might be looking to buy your first home, looking to get into property investing, or you could be keen to move into more advanced investing strategies,” Pidgeon says.
“This book is designed to be a comprehensive guide to property without the unnecessary get-rich-quick marketing. I’m all about building wealth through property in a non-greedy, smart, strategic and prepared way.
“Property is an exciting space, but it’s also evolving, so you need to stay on the pulse, educating yourself so you make decisions that keep you in line with your goals.”
This industry is full of change and growth, and the need to be smart and tactical has never been stronger than now. You need to be prepared for the ever-changing rules in property markets. You need knowledge, cash buffers and the right strategy to suit your wealth goals.
“It’s all too easy to get excited about property, and begin building a portfolio, only to realise you weren’t prepared to weather the conditions ahead,” Pidgeon says.” Then the risks become reality!”
There is not just one property market, but thousands across the country, offering an interesting space with wealth-creating opportunities. Sort Your Property Out is structured to cover the theoretical and practical aspects you need to know to navigate property well.
Divided into four parts, it focuses on different aspects of property, with ”action steps” you can take to write down your thoughts and ideas, and graphs to help illustrate how things work, as well as downloads and resources at the end of each chapter.
It’s about quality rather than quantity. Drawing on more than 25 years of experience, Pidgeon unpacks his unique eight-step approach covering everything you need to know about starting and building a property portfolio — from developing an investor mindset through to finance options and how to choose the right properties.
In the foreword, founder and host of the This is Money podcast Glen James wants us to be challenged, and to think outside the box about how we buy and invest.
“A key area many first-time investors want to explore is how to build a portfolio,” James says.
“What, when and how do you buy your first, second or third property? Do you buy your home first, or wait a few years? As you delve deeper into this book, John will give you the tools and opportunities to craft your own portfolio, in a way that aligns with your goals.
“He also understands that many people consider flipping their first home to an investment to get into the market, and he’ll share some guidance on how to do this well.
“This book is a treasure trove of knowledge, experience and wisdom that will undoubtedly become an essential reference for anyone interested in property.”
It’s an essential resource for home buyers, beginners and seasoned investors. Pidgeon provides insights and actionable advice that will revolutionise your approach, and importantly, help you achieve your objectives.
This handbook is a comprehensive guide for purchasing property and developing a collection of financial assets and investment tools using a technique that is astute, responsible, planned and workable.
Sort Your Property Out & Build Your Future, by John Pidgeon, Wiley, $32.99