How do you know if you’ve found the right investment or team to help you invest?
House and Land?
Existing homes?
Renovation?
This company? That company?
What are the red flags every investor should avoid?
1 – If it sounds too good to be true, it probably is.
The great thing with property is that the possibilities are endless with the future you can create. The bad thing is, almost anyone can sell it. So it’s your responsibility to do your own due diligence, do your research, crunch the numbers yourself or with a professional, check the reviews, speak to clients. The key here is to ensure you know exactly what you’re and with who. Take the time to do this.
2 – They only recommend one product over everything else.
With any business, there’s always a preferred product but if a company is offering you only one option whilst explaining why every other option is incorrect, without real facts and figures, then run!
Even we at JRPP understand that what we do is not for everyone and we’re not interested in money off our clients, rather making money for our clients
3 – Pay for more information.
This is a common sales tactic and something we do not believe in. If a company is offering you “fluffy” answers, of just refusing to work with you until you pay, then we’d recommend walking away and again do your own due diligence before committing.
Of course, there’s going to be a level of monetary commitment from an investor in order to move forward, but make sure what you’re paying for is what you want and also worthwhile.
We know it can be hard to navigate the investment space so we want to make it easy for you because our goal is to help as many people as possible, create a future of financial freedom for themselves and their loved ones so get in contact on 1300 522 562 or email team@jrprosperity.com.au
When considering an investment property with positive cash flow, it is important to make sure it is suitable for your specific financial goals and objectives. Remember to do your due diligence and if you need advice; JR Prosperity Partners can help you decide if this is the best strategy for you.
