When you’re thinking about buying property, it’s crucial to do your homework to steer clear of any shady deals.
You may have heard of a company called Propertyology, and maybe even some rumors that it’s not on the up and up.
But before you write it off completely, make sure you really dig into the company and see how it operates. Don’t just take someone else’s word for it.
For more than 10 years, I’ve been investing in the property market. Therefore, I’m in a good position to share with you everything I know about Propertyology.
At the end of this article, I’ll also share with you a passive income idea that has allowed me to earn enough money for a down payment.
To be transparent, I’m NOT an affiliate of Propertyology, meaning I don’t receive any payment for writing this Propertyology review, so you can rest assured that my opinions are unbiased.
In this Propertyology review, I will cover the following to help you make a judgment:
Table of Contents
What is Propertyology?
Propertyology isn’t some new startup that just popped up out of nowhere. They’ve been around since 1998, founded by Simon Pressley. They’ve got a ton of experience when it comes to property investing, and their goal is to help people make smart decisions when it comes to investing in property.
Since 2008, they’ve really expanded their services to offer even more help to their clients. They’re kind of like the pioneers in providing top-notch research on property markets, investment planning, and even offering a buyer’s agency. Their ultimate goal is to help people build a diverse portfolio of properties.
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How does Propertyology work?
Propertyology’s strategy is all about analyzing the history of the Australian property market. They take a look at short, medium, and long-term trends, so you can trust that they’re not just referring you to developers for a higher commission.
Of course, you can always find a property on your own, but with Propertyology’s help, you’ll be able to make an even more informed decision with an expert by your side.
Is it a good time to invest in property in Australia?
So, you’re thinking about investing in the Australian property market? Well, it’s not a cut-and-dry answer. It really depends on the specific property you’re interested in, where it’s located, and your financial situation.
Keep in mind, there’s not just one property market out there. There are tons of different segments – like units, houses, off-the-plan purchases, and even regional areas – each with their own pros and cons.
Bottom line, it’s not a great time to stretch yourself too thin with a mortgage, but ultimately, it’s up to you to decide if the market you’re looking at holds value for the long run.
How much does the average property cost in Australia?
Is Propertyology a scam or legit?
Propertyology isn’t a scam. They’ve been around for a while and have built up a good reputation in the industry, so they do care about their clients. But keep in mind that they can’t guarantee a positive return on your investment.
Just like with anything involving the economy, property values can fluctuate. Even though Propertyology may be experts in property investing, no one can predict when property values will rise or fall.
Plus, property investing requires a lot of initial capital, so you’ll have a lot of money tied up in the property. And if you ever need emergency funds, you’ll have a hard time getting your hands on them because property is not very liquid.
Now, don’t get me wrong – property investing can be a great way to achieve a wealthy retirement, but it’s also risky. If you’re not comfortable with taking risks, there are other options out there. The world has changed a lot thanks to the internet, and there are now more opportunities than ever to make money online.
Instead of relying on property investing, why not build an online income stream? While you may have to wait 10-20 years for a property to see a significant increase in value, you can start seeing stable cash flow from an online business within 1-3 years. And that’s something worth considering.
In the next section, I’ll tell you about the best online business model to start today, so stay tuned!
Other than property investment, how can I earn more money?
If you really want to earn more money, I would suggest you start 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 suppose you really want to learn affiliate marketing and build a business from scratch. In that case, 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.