Property or property ladder, this is not necessarily a type of building, but a strategy. If you want to build wealth through your home, this is the way to go.
The mechanism is as follows: Buy your home through a mortgage, which is considered a complementary strategy to save, and then when you’ve lived there an average of 8 years and have already paid a great deal of credit, put in sale, this capital will you use for the attachment of a better home.
This is repeated until the ideal home. And of course, in the latter, when the family is shrinking, sold and exchanged for an apartment to spend your stage of withdrawal, which also allows you to save your expenses to help with what you gained from this last sale.
In this last step of the ladder is recommended not to allow the emotional damages to the target investment. Anyone who has lived a house or real estate for 10 years has an emotional attachment and then not wants to sell because it represents the family memories. However, if you think as an investor and make this strategy work to create wealth, emotions or emotional ties to the property be forgotten.
Consider buying property in anticipation of the immediate future, that is, when you buy your first home and if you just live with your partner, think of when they will have children and may include a second room in this first home. The goal does not have to sell or move house in two years, but at least five. Sell before the property is revalued can be a bad decision.
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