Does this sound like you?
- Are you a younger individual or couple with a relatively small deposit?
- Are you renting, or still living at home?
- Do you feel like the market is out of reach, or you will never be able to get into your dream home?
If you can relate, then you should consider the stepping stone strategy.
Tara and Martin are like so many couples we meet. They love living in Sydney’s Inner West but the price to buy there is out of reach. So they currently rent. They would like to eventually buy, but need to bridge the gap between where they are and where they want to be.
So we got them into their first investment about 18 months ago. It was a neat little house that they paid $340,000 for and is now worth $450,000. This has put a chunk of money into their kitty to help them get a step closer to their dream home.
They are on a 3-5 years stepping stone plan, where they will purchase more of these smaller invetments to build up the deposit power they need to get into the $1Mil + market they want to be in.
Want to access a copy of the strategy yourself to learn more? You can by joining our property investment vault which is a FREE education hub. We keep lots of great tips, education and blueprints to our strategies in the Vault.