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105 Building for Tomorrow: Navigating Long and Short-Term Property Planning
Manage episode 407180956 series 3558587
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When you find yourself dreaming of where you want your business to be, the only way to make that dream a reality is to find out what kind of financing and planning will get you there. You can’t move from start to finish without a plan, otherwise you’ll end up going in circles or right back where you started while wasting time, money and resources.
In today’s episode, I’ll be discussing the differences in short, medium and long-term property planning, and what kind of elaborate strategy you need to have in place for each of them.
What You’ll Learn:
-The fun of short, medium and long-term property planning
-The importance of a strategy when navigating long and short-term property planning
-How to generate more cash flow with the use of an effective strategy
-Things to consider when you are developing your property
There’s no straightforward way to deal with property, because the market’s taste varies with time. However, this should not scare you into making hasty and time-wasting decisions that will gravely affect the future of your property business. Instead, strategise accordingly to how long executing your plan is going to take, while considering not just your perspective, but also that of your tenants. Because developing a property that suits their needs guarantees in turn your business success.
Resources:
-Let's connect! Send me a VoiceMail
-Download my Property Business Checklist
-My website
-Find me on Instagram
Mentioned in this episode:
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