Golden Rule #2 for property investment: Making it self-sufficient

If you missed Golden Rule #1 for property investment that I shared yesterday, be sure to go back and read it! Today, I want to share with you one of the fundamental principles that has been instrumental in my property investment journey – Golden Rule #2: Make your properties pay for themselves (or close enough).

In the world of property investment, achieving financial success is a dynamic process, and rule #2 plays a crucial role in ensuring that your portfolio continues to thrive. The essence of this rule is simple yet profound: strive to acquire properties that are cash flow positive.

Why is this rule so significant, you may ask? Allow me to shed some light on its importance. When you break this rule, and your properties are not generating enough income to cover expenses, you risk depleting your financial resources. Ultimately, this could hinder your ability to acquire more properties, causing your portfolio’s growth to come to a standstill.

On the other hand, when you adhere to rule #2, your properties essentially become self-sustaining financial assets. They not only cover their own expenses but also contribute positively to your overall cash flow. As long as you maintain leverage and equity, you can continue to expand your property portfolio indefinitely. It’s the key to building a thriving and prosperous investment portfolio.

In conclusion, if you aspire to be a successful property investor, let Golden Rule #2 guide your decisions: always aim to buy properties that are cash flow positive. This strategic approach will not only safeguard your financial stability but also empower you to keep growing your investment portfolio, providing you with a secure and prosperous future.

Join me for the Golden Rule #3 up next!

~Daimien Patterson

🫵Come and join our weekly webinars where we discuss strategies to improve your future, property investment tips and tricks, the do’s and don’ts of property investment and much more!


Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, IntegrityX Enterprises Pty Ltd, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, IntegrityX Enterprises Pty Ltd and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.