How to fast-track your wealth building strategy

3 myths that are slowing down your wealth building dreams
The right hand/left hand mindset of successful investors
Is your property portfolio set up for success?

While most people venture into property investing knowing that it’s a long-term proposition, far too many investors still make the mistake of adopting short-term thinking when it comes to building their portfolio.

In other words, they often rush head first into the market without a sound strategy.

It’s this lack of strategic portfolio planning that sees so many investors fail to build any real long-term wealth or become disillusioned with the market altogether.

In property investing, how well you start can often determine how well you finish, and how soon you reach your investment goals.

In our experience, the key to building wealth faster is to recognise some of the myths around property investing and change your mindset to a more strategic goal-focused way of thinking.

Here’s 3 of the most common property investment myths and mindsets that could be stopping you fast tracking your way to real wealth.

1. The Myth: Having a high income is all you need to be successful in property investing

The Mindset: “I know how much equity I have and how many properties I can buy”

This lack of strategic thinking is a common mistake a lot of investors make. Many a time we’ve seen people who have enough income and equity to purchase one or even two investment properties venture into the market with no set growth strategy in place. Inevitably, they become disillusioned as their investment fails to live up to their expectations.

While earning a high income certainly helps, without the right investment strategy, you could be waiting a lot longer to see any real results.

Our signature Portfolio Building Strategy focuses on helping you build wealth faster by adopting a clear, goal-oriented mindset.

2. The Myth: You need to spend a lot of time researching the market to be successful

The Mindset: “I’ve inspected hundreds of properties so consider myself experienced in the property market”

Many of us dream of building wealth faster so that we can enjoy the best of life and even retire early. But if you’re spending endless hours researching properties, attending inspections and reading reports, you’re taking time away from growing your income at work, giving you less money to invest.

At Ironfish, our ‘right hand/left hand’ approach is a key concept to how you can build wealth faster by using your time smarter. Think of it this way. In your left hand is you working hard in your career, while in your right hand are your income-producing assets working harder for you.

With Ironfish as your right hand, all the research, selection and portfolio building strategies are done for you, leaving you more time to grow your career income, and importantly, more time to enjoy your life.

3. The Myth: I can save money investing on my own

The Mindset: “I’m confident in my negotiating skills to get a good deal without paying additional fees”

As any successful property investor will tell you, venturing into the property market isn’t for the faint-hearted, which is why so many of them seek out companies like Ironfish to help them build their wealth through smart, strategically focussed investing.

There are so many different pieces of the property puzzle to navigate, one wrong move could mean the difference between success and failure. Yes, you may be a whiz negotiator– but do you know the ins and outs of contracts? Are you checking future development applications that may impact your property in the future? Do you know how good the property builders were? Which properties attract better quality tenants?

For 15 years, Ironfish has helped over 10,000 Australians build a portfolio of quality property assets, backed by the latest research, strategy and personalised support.

As an Ironfish investor, you’ll enjoy greater peace of mind knowing you have our collective expertise and long-term holistic support to call upon along your investment journey.

Fast-track your journey to property investing success. Book a free consultation today.