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|  | | Christian Investing and Money Management
Discusses Christian Stewardship, demonstrates money management techniques and shows how to set goals, take control of your finances and start investing. It explains how a combination of using Good Debt to buy properties and then allowing Compounding to do its work is one of the most effective ways for creating wealth over a 10 to 20 year period.
CHAPTER ONE
Motives for Wealth Creation
The importance of wealth creation.
Inspiration leads to enthusiasm, and enthusiasm to action. When you know why you wish to achieve something you are half way to achieving it.
Several years ago, about a week before Christmas, the Melbourne warehouse of one of the leading charity organizations was burnt to the ground, resulting in a loss of $1,000,000.00 worth of goods, which were intended for distribution to the needy over the Christmas period. The organization made a heartfelt plea on the TV “News”, asking people to give genero | |  | | How to Research Investment Properties
Once you become aware of the amazing potential that investing in residential property has for creating substantial wealth and giving you a financially secure future, where should you start? What type of property should you look for? What sorts of features are desirable to make a property both easy to rent, and give it the potential for the greatest capital gains?
These are questions faced by many new investors. In How To Research Investment Properties, Debra Lohrere explains in simple to understand terms what you should be looking for and how to start researching the market, discussing the important issues of negative gearing, varying property prices, and different investment strategies that will best suit your current financial situation.
How do you narrow down the geographic location to purchase a property in? There are several factors to consider when selecting an area. Firstly you should either look for an area that has a long history of high capital growth or look for an area that currently has a high population growth, and hence should expect to produce high capital growth within a short period of time, as the demand for properties in that area, starts to exceed the number of properties available.
It should also be an area returning good rents, with a low vacancy rate and a high desirability factor. It has to be s |
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