Property Tycoon ! The Lazy and Boring Way to Wealth !

Property Tycoon ! The Lazy and Boring Way to Wealth !

1. Believe me , The property market or property industry is probably the largest or biggest industry in the world ! Everybody needs a house or some shelter to live in . As the population is ever growing , the need for new housing is going to keep growing ! People like to keep going to cities that are doing well and always expanding . Any business is where people are . So, cities are where there are people and where there is money .
2. Land is scare ! You cannot manufacture land ! So , according to the simple law of supply and demand , the price of land will keep going up where there is demand . There is demand in big , growing cities . Prime areas are always in demand . Prices will keep going up .
3. Inflation is the best friend of property investor !  You buy any good located property today and it will or should double in about 7 to 10 years ! That one factor is enough to get you to become wealthy . You have to just make sure that the location is good and there is always demand for the property .
4. The banks love to loan money towards properties . They will give the highest amount for properties . You take 20 % deposit and meet the banks conditions and most banks will happily give you 80 % loan for that property ! I am just giving a very basic figure here . I am just sharing a concept . People have bought property with no down payment ! Now just look at the magic of wealth creation . You put in $ 20,000.00 and the bank puts in $ 80,000.00 and now you have a property worth $ 100,000.00 ! It is yours on paper .  Rent out the property and pay the interest to the bank . Now be patient . 
5. Just for our example and discussion . The property doubles in 10 years . It is now valued at          $ 200,000.00 ! The bank loan was $ 80,000.00 . If you paid no interest , then it is still the full loan . If you have paid some interest and principle amount , it could be lower . Maybe only about $ 50,000.00 .
6. You have decided to sell for whatever reason . You settle the bank loan of $ 50, 000.00 . Now you have made a profit of $ 150,000.00 ! 
7. Your investment was only $ 20,000.00 ! You have made $ 150,000.00 !

That is the greatest secret of the Property Tycoons ! I have given you a very basic and simple concept . It is the concept that is the magic formula . 

Think about making money out of thin air !!

Will end here . Take care .

Amar.