Compound growth the key on path to multiple property ownership
The biggest mistake most property investors make is stopping at one property, writes real estate strategist and investment expert James Fitzgerald.
The biggest mistake most property investors make is stopping at one property, writes real estate strategist and investment expert James Fitzgerald.
According to the Australian Bureau of Statistics, fewer than one in ten Australians own an investment property.
Of that one in ten, 72 per cent of Australians who own an investment property only own one. That increases to 90 per cent if we expand to those who own up to two investment properties. The…