Is Henley Homes a scam? Should you engage them to build a home?
You should be reading reviews and customer testimonials of Henley Homes because you understand there are many scams in the property market.
To be transparent, I’m NOT an affiliate of Henley Homes. So you can be sure that my opinions are unbiased.
In this Henley Homes review, I’m going to cover the following to help you make a judgment. I will also tell you the best way to make passive income to pay off your mortgage early:
Henley Homes Review
Henley Homes is one of the top Australian builders. It was founded in Victoria by the late 1990s. For 30 years, they have served tens of thousands of customers.
On the productreview.com.au, their current rating is 3.8 out of 5. It is not bad given the industry average of rating online is just 3.5-star.
You can see positive and negative reviews. Some extreme reviews might not be accurate as they might just have unreasonable expectations or demand.
To do an accurate evaluation, sometimes it’s better to look at the reviews of 3 to 4 stars. You can find specifically which area they need improvement.
Building a home is never 100% smooth. It’s likely to encounter some problems that would cause delay and cost increase.
If you don’t want to build a home from scratch, Henley Homes also have some display homes or readily-built homes that you can buy.
Their service is not cheap, but they do offer guarantees for the quality of work:
- 50 years structural guarantee
- Future price guarantee
- 12 month extended warranty
- Quality assurance
Is Henley Homes a Scam?
Henley Homes is not a scam. It’s not a startup. They have built a good reputation in the industry. So if you want to build a home, they might be your choice.
However, building a home is the same as property investment. You have to consider the investment risk involved.
It sounds a good idea to invest money in real estate. But the ROI (returns on investment) for property investing has decreased over the years.
Besides, property investing requires a lot of initial capital and it takes a long time to pay off the mortgage loan.
You might be forced to cut your budget on most leisure activities such as travelling to make the end meets.
It’s as risky as stock trading when a lot of your money is locked in the land which has an extremely low liquidity. In case you need an emergency fund, you’ll be in big trouble.
Many people like doing property investment to generate passive income for retirement, but that’s not a good idea because of the risk involved.
If you don’t want to bear risk, there is a better alternative to make passive income for retirement.
In recent years, the world has undergone a massive change due to the Internet which has created a lot of opportunities to make money online. In other words, it’s absolutely possible for you to generate passive income instead of betting on the property market.
While the real estate market is volatile and might rise or fall in value, a digital asset can always give you stable cash flow and it only takes 1-2 years to build a sustainable online business.
And if you still decide to build a home, you can have a digital asset to pay for your mortgage loan. That way, your risk will be greatly reduced.
In the next section, I will introduce you to the best online business model to start today.
The Best Way to Make Passive Income Online
If you want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.