By Mike Milanez
Throughout my 20 years in property investment, following are basic tips which i believe can help you a lot:
1. Property investment has the potential to give you infinite returns.
2. When reticular activating system sets in, you will be able to see good properties surrounding you.
3. Be aware that the three common reasons why people do not invest in property-namely, "The Lack of Money", "Lack of knowledge" and "Lack of Time" - can be overcome.
4. With some restoration work every now and then, most commercial properties can give you massive passive income for generations.
5. Apply the "Power of Leveraging" to maximize your rate of return in property investment.
6. One right commercial property investment could change your life and the lives of your loved ones significantly.
7. When capital appreciation sets in, revalue your property, and refinance it to secure additional tax-free investment capital every three to five years to grow your investment portfolio.
8. Increase rental on every tenancy renewed based on one or more main factors for rental revision.
9. All of us are born with the same neurology; if others can do it, you can do it even better.
10. Do away with "time stealers" and practice time management.
11. Commit a minimum of six to eight hours a week to find your property jewels.
12. Emulate successful people, there's no need to reinvent the wheel.
13. You have the power to choose the way you want to live your life, so make that all-important choice today.
By now, I am sure you will agree with me that all it takes is for you to make one right commercial property investment, and your life and the lives of your loved ones will never be the same again.
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