Why you should stop buying properties and learn how to develop them
Property investing is a sure way to increase your security with an asset that accumulates in value if done right. A property investor keeps buying properties to try and aim at an increase in value. After several years, the result should be an increase in the price of the asset and you have something we call wealth.
The problem is that property investors undervalue their potential. Imagine using the same path of investing but buying a property that you could develop and immediately end up with a higher value. The result is that within a short time frame you have a property valued at 20% more than you bought it for. To be successful at this you must follow some proven formulas where you can safely see the end value before you begin. The result of knowing how to do this is rewarded with a higher wealth margin in a shorter amount of time. Listen to the audio to see how it’s possible to go from a Property Investor to a Property Developer.
Excerpt from Media Interview with Property Investory Podcast:
In this episode, we’re talking to property investor and developer, Jason John Byron. He will describe how he became successful and how filming a speaker shifted his career, from a cameraman of 20 years to property investor.
Download the Episode Audio here: http://traffic.libsyn.com/propertyinvestory/Jason-John-Byron-01-PropertyInvestory.mp3