My KISS Approach To Buying Property

In the ever evolving world of property investing things can get a little confusing sometimes. I often have discussions with young, keen, soon-to-be property owners who want to discuss their purchasing plans. I am more than willing to pass on any (limited) knowledge and experience I have. The common theme I see with these discussions is they often flip flop at a million miles an hour. First time investors/buyers are often highly motivated and energetic. This is a great thing! But what is lacking is direction and clarity. I should know, I was there once and experienced the same emotions! When the conversation swings to strategy and what to buy, they often get it all wrong. Many lose sight of the reason they are investing or purchasing in the first place. It is why I have adopted the K.I.S.S. approach to buying property.

There is so much information out there regarding property that it often makes me feel overwhelmed and confused. Everyone wants to get their purchases right from the start. It is only natural. We are bombarded with options. Whether it be to rentvest, buy our dream home, build, develop or choose between apartments, units, granny flats, AirBnB, holiday letting, student accommodation, aged care facilities, house and land.. the one approach that works for me is K.I.S.S.

Keep it Simple Stupid is my go to strategy when I begin to lose track of what and where to purchase. I've lost count how man times I have wanted to explore different ideas and strategies when it comes to property investing but I always return to tell myself "keep it simple stupid". It is important to keep front of mind our main aim of purchasing property. That is to enjoy solid compounding growth whilst minimising the strain on our back pocket. It is no secret that desirable property grows consistently long term. Whether you are investing or buying your own home it is a good idea to adopt K.I.S.S. This gives you options in the future and will widen your market for when you choose to sell or rent. For us this means buying property in decent locations, with solid land content and desired by most of the population.

I can't tell you what and where to buy, but I can tell you that keeping K.I.S.S. front of mind when deciding will lead to minimal mistakes and a relatively successful, low risk purchase. It has worked for a "simple" guy like me and I am certain it will serve you well too.

- The Tattooed Investor