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The numbers and tactics behind a successful property investment strategy

The secrets to a successful investment strategy are a combination of personal determination and organisation, complemented by tactical adherence to some key strategies and recognition of some non-negotiable numbers.

Building of some new residential townhouses in a suburb of Australia.
Buying newer properties allows for the maximising of a key tax deduction - depreciation.

It may sound contradictory but investing successfully in property is simple but it’s not easy.

It takes discipline and that needs to start well before an offer is made on a property.

Developing good saving and budgetary habits before buying ensures investors can do so without the constant stress of being overcommitted.

With the cost of living rising through rampant inflation and stagnant wages, it’s more important than ever to develop good fin…