7 Steps to Wealth

Attend one of our seminars and receive a complementary copy of 7 Steps to Wealth (valued at $29.95) - the best selling book by John Fitzgerald.

1.	Buy land for capital growth.
	True capital growth comes from land - there is limited supply and increasing demand. To build wealth effectively, it is important to ensure the property has the highest possible land component, ideally 30% or more of the purchase price.	Read more…

2.	Optimise your income.
	WealthBuilders buy property that appeals to the rental market to secure a growing source of income. Tips: Two primary factors that underpin demand are population growth and jobs. Buy property in areas that meed these factors. Find out the rental vacancy rate. Optimum income results from a vacancy rate of 3% or less. Buy property which meets the market rate of rent. This is usually around 30% of the average income. Charge $10 a week or less rent than the going rate. Tenants will be easier to find and there will be no vacant properties lying income idle. Buy houses or duplexes rather than units - most tenants prefer individual dwellings. Units have limited capital growth and high vacancy rates.	Read more…

3.	Maximise tax benefits.
	Negative gearing is a term used to describe a method of gaining tax benefits. The cost of maintaining and financing a property can be offset against the income earned from renting it. If a shortfall results, the amount can be deducted from personal income.	Read more…

4.	Finance to build.
	Property investors have the advantage over share-market investors because they can use leverage to build capital growth. Leverage is the term used to describe the way investors use borrowed money to buy property or shares.	Read more…

5.	Aim for affordability.
	The property should be affordable. Consider the average Australian income and choose a property the average employed person could afford to buy or to rent. You should not buy property when prices rise above the income earners' ability to pay.	Read more…

6.	Make time work for you.
	The key to success is to hold and build. Wealth building is a long term program, an acquisition plan. By using the capital growth in residential housing - based on land - to build equity, property can be accumulated.	Read more…

7.	Be all you can be.
	Wealth building is not just about money. Wealth building is about financial freedom and responsibility. Custodian WealthBuilders use wealth to benefit fellow Australians.	Read more…

7 Steps to Wealth

Seminar Dates & Details

Brisbane QLD

Melbourne VIC

Warrnambool VIC

Perth WA

Sydney NSW

Canberra ACT

Hobart TAS

Adelaide SA