To become extremely successful at house wrapping, you have to develop a unique strategy that you have tailor made specifically to your own personal circumstances, that is why it's so important to talk to an experienced and licensed investor such as myself to understand how you can create your own plan.
This way you are working to your personal strengths and advantage instead of having the herd mentality which leaves you with a narrow minded view of where and how to invest in a cashflow property.
Investing the time to learn the skills needed to find and purchase the perfect property long before the competition knows about it will give you the advantage to buy in the most viable areas before the rest catch on! How you recognise a fantastic and positive cash flow property for yourself comes from education, care and time not from rushing to buy where everybody else is.
If you are already doing this, you are already aware that investing in positive cash flow properties is serious business and you really do need to run it as a business rather than as a hobby.
And as in any business, you need to set it up properly. You need to think about your business plan, you need to set goals in place and you need to look at all the advantages, disadvantages and risks involved in setting up this business. You cannot blindly start buying properties because someone has told you that this is the best thing to do for your future. It may simply not be the right decision for you.
Every aspect needs to be looked at carefully and decisions need to be made wisely. You should never buy a property based on emotion or because it appears to be a cheap investment. You need to put strategies in place to protect yourself and this can be as simple as acquiring a business address or post office box. After all, if you are running your WRAP business from home, it is not a good idea to put your address on advertising material. You can always give out more personal details once you have a deal in progress.
To Your Success
The Aussie Wrapper