When we purchase our first, second, last etc investment property we are often filled with the potential of the gain we are planning to receive. There may be other things we are filled with too, doubt, confidence, questions, and trepidation.
A property development can be likened to the ocean and the client/investor becomes the observer on the shore. As the property goes through settlement a large portion of our’s and/or the banks money seems to go out with the tide. The tide from then on in, seems to keep going out. There we are left on the shore of our RealEstate development wondering if the tide is going to turn. We may come across some sharks out there, that will attempt to lead into unsafe waters. The next thing we know a seasoned fishermen or two who may come and offer their wisdom. Then the moment when all we’re left with is the rock pools on the shore. The key is, to plan well, have a great team, people who you trust to have the knowledge & skills to see your property tide turn to it’s highest potential.
Wise Unlimited has watched this process with clients and their own personal investments. The best thing to observe isn’t actually the high tide (although it’s a great feeling), but the tide turn on an investment. It’s miraculous to watch as all the incredible work contributed by many, becomes a real high for them and the client of the development. This is a high tide worth waiting for.
* Shark Image sourced from indosurflife.com