With six properties worth $2.7 million in his portfolio by the age of 25, Investor in Focus Branden Sarafov is well on his way to achieving the elusive goal of total financial freedom.

Towards the end of his studies at university, aspiring investor Branden Sarafov came to a striking realisation.

“I didn’t really want to come out of uni and work for 40 or 50 years, however long it might be,” Mr Sarafov said.

“I look at my parents and family friends, and a lot of them have worked for 40 or 50 years, they still have a mortgage that they’re paying off and they’ll be relying on the government once they get to retirement age.

“I thought to myself that I didn’t want to be in that position, so I started as early as I could.”

To make his ambition a reality, Mr Sarafov set about exploring the investment options that would set him on the path towards financial freedom.

The now 25-year-old said he explored the potential of investing in the stock market, as well as cryptocurrencies, as he finished his university degree and started working as a physical education and science teacher.

But as he researched his options further, property investing appeared to stack up as his best option.

“I was a big fan of stocks, I was actually leaning towards that, but then ended up changing my mind after I came to the realisation that I could achieve more by leveraging the funds that we had to build a portfolio and work from there,” he said.

“I’m glad that I went down that avenue, because while I feel other asset classes have a lot of potential and many people have been extremely successful with those other asset classes, I just like the fact that I can understand real estate and I can see the desire and the need for it. 

“When you purchase a property, you can leverage a property, and if you pick up something that needs a bit of work, as I normally do, and spend a little bit of money, you can manufacture equity that way. 

“You don’t have to just wait for the market to move, there are other ways t…

Read more



Source link

Leave a Reply

Your email address will not be published.