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  Article Date  Title
 
  12th July 2004 161 ordinary people become property millionaires every day
 
 

161 ordinary people become property millionaires every day

   
 
With research* indicating that 59,000 new millionaires are being created every year, and programmes like "How I made my Property Millions" showing how to escape from work and be outrageously rich at the same time, it’s no wonder that many people are looking to build their own property portfolio.

The good news is that there are hundreds of thousands of people who have got it right and live very comfortably indeed off the earnings from their portfolio. It’s down to knowing when and where to buy; applying the right strategies; and, careful and considered management.

Build your property portfolio right and you have the financial freedom to live your dreams. But, warns specialist property website www.propertysecrets.net, do it wrong, and not only could you lose money, you could become bankrupt and lose everything.

Neil Lewis from the website and himself an experienced property investor says: "Every single day, 161 ordinary people become property millionaires and it is true that you could make a million pounds in property in a year.

"However, property investment is a skill, and managing a portfolio of properties requires even greater skill. Many people try their hand at property investment, and sadly, they fail, due to lack of knowledge and/or experience.

"The drawback in building a portfolio of properties is that there are risks. Risks that you'll choose the wrong property, risks that you'll take on too much debt, risks that you'll invest too quickly in the 'wrong' type of property…

"With one or two investment properties if something goes wrong, you still have an income to fall back on. But, having a portfolio of properties is a completely different ball game – if it goes wrong, you stand the chance of losing everything".

However, the tips, secrets and strategies that property millionaires apply are now available to investors, whether they themselves want to be a property millionaire or simply want a back up to their pension or loved ones’ financial future.

Portfolio Property Secrets is a comprehensive new publication that will show you how to use the strategies that professional property millionaires employ to minimise any risk to your investment as well as how to:

  • build a property portfolio – from scratch with very little finance!
  • earn £30k, £60k or a £100k or more a year – without lifting a finger!
  • get started with your first property – the trick is to start as a developer
  • build your portfolio from one or two properties to 5 or 10 units – this is the stage of moving from amateur to semi-professional
  • take a large portfolio and manage it for growth and increase the yield in your portfolio – an important skill in today’s climate
  • use the My Portfolio analysis tool to measure the impact to your finances of interest rate changes, additional property purchases etc..plus much more!

Lewis summarises: "You may say that if making big bucks from property investment is so easy, why isn’t everyone doing it? As we said before, property investment is a skill, and managing a portfolio of properties requires even greater skill. The beauty of Portfolio Property Secrets is that you use the hard won experience of our property experts to suit your own particular circumstances so that you do it successfully and can enjoy the sort of lifestyle you’ve always dreamt of!"

For more information or to buy online, visit: www.portfolio-property-secrets.co.uk

 

* Source: The Centre for Economics and Business Research (CEBR)

   
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