The Clock is ticking… How have you gone in your first 45 days of 2025?

Strategy

When it comes to property investment, there are so many ways you can do this, and it can be simply overwhelming for investors to know which strategies to consider and where to start. The most common ones include a classic DIY (Do It Yourself) approach, targeting high yielding regional properties, renovating older properties to add value, building granny flats, and venturing into property development – all of which can reap results but also have numerous pitfalls and drawbacks to navigate.

The reality is that almost any strategy can succeed depending on the individual’s interests, skills, preferences, resources, and attitude towards time and money. But you need to focus and decide on what strategy to commit to as having multiple focuses rarely ever works.

So, what’s your investment strategy? My personal strategy – I made the conscious choice to be a Passive Investor and seek out the leverage and support of a team of experts around me taking care of the details and day to day work. This then allowed me to focus on my other strategic wealth focus (and passion) and that is to be an “Active Income Expander”. Yep, I wanted to build a large property portfolio, but I wanted to be passive so that I could focus my personal time and energy on actively increasing my income.

At the beginning of my journey, my mentor offered me valuable advice: “Joseph, your most precious commodity is your time. Time is money, and time is your life.” That insight prompted me to craft a strategy that leverages other people’s money (through the bank), expertise (from my mentor and a property specialist), and time. I opted to let others handle the groundwork needed to build my property assets and secure future passive income. Meanwhile, I concentrated my efforts on increasing my active income.

I understood that to build my portfolio and achieve financial freedom within a reasonable timeframe, I needed to boost my income. This approach would enable me to invest more and faster while enjoying a good lifestyle for myself and my family.

This strategy proved highly effective for me. With the exciting prospect of financial freedom and a shift in mindset, I significantly increased my value in the marketplace. Consequently, my income rose multi-fold, allowing me to build an initial multi-million-dollar portfolio within just seven years. I continued expanding that portfolio across many cities in Australia, enrolled my children in excellent schools, and enhanced my family’s lifestyle.

One of the critical aspects of my strategy was leveraging other people’s expertise and resources. By working with knowledgeable mentors and property specialists, I was able to make informed decisions, avoid common pitfalls, and accelerate my journey towards financial freedom. This approach saved me time and allowed me to focus on expanding my active income streams and enjoying family life.

In conclusion, committing to clear investment goals, setting the right strategy, and working diligently (and wisely) to increase your income can help you achieve your wealth goals more certainly and quickly. This approach has been phenomenally successful for me and in the coming weeks and months I will be sharing more about how I doubled and then kept increasing my income, and how you can do the same too! 

In our next discussion, I’ll be sharing the “3 Pillars of Successful Property Investing” with you, along with our insights on the optimal strategies and opportunities for 2025. Stay tuned for more valuable information!

Until next time, remember that the path to financial freedom through property is rarely without challenges but a journey worth embarking on.