What is your reveille for 2022?
As many of you probably know by now, I was in the military for a number of years before turning my passion for property investment into my profession.
My career in the Navy helped set the scene for my future success in the property world, especially my experience in logistics – because there aren’t too many ships most civilians need to navigate, are there?
In fact, it was during my time in the navy that my own reveille started ringing loud and clear – and it was saying that my future happiness lay outside of the Australian Defence Force and inside of the property investment sector.
So, what is a reveille?
As is outlined in our book, A Military Guide To Property Investing, a reveille was originally a drum beat, but is also played on bugles, pipes, and trumpets to wake up sleeping soldiers and prepare them for the day ahead – and continues to be used in contemporary military ceremonies, at funerals, and in barracks around the country. So, you can think of a reveille as a kind of ‘wake up call’ or an ‘alarm clock’ for you to begin your journey in 2022.
Time to think ahead
As we head into the final weeks of a property year that we will probably never experience again, the timing is perfect for all property buyers to consider what their reveille will be for 2022.
That is, what is it that you as a current or prospective property investor want to achieve next year?
Of course, the answer to that question will be unique to every person, because of a number of variables, including your age.
However, regardless of whether you are in your 20s or your 50s, there is always something that can be done to create a more comfortable, and a more secure, financial future.
That’s why we truly believe that you must listen to your own reveille to wake up and begin – or continue – your property investment journey.
One of the simplest ways to start is by understanding that it doesn’t really matter what the market is doing when you decide to forge ahead as a property investor.
The caveat to that statement is that we never recommend buying in locations where property prices are depressed and are likely to stay that way for a long time because of an underwhelming economy – and we never, ever overpay for a property emotionally.
Rather, if you’re considering buying in a strategic location, like a city or a major regional area, trying to “time the market” is not a strategy – it is often speculation, unless you have the experience to recognise future capital growth before anyone else does.
For example, while many people were worried about what might happen to property prices in the middle of 2020, we were purchasing property in select areas around the nation.
The lack of competition from other buyers at the time meant that we secured some amazing deals for our clients at the right time.
Time in the market
Fast forward to now, and those properties have generally increased in value significantly because of the booming market conditions that followed not long after we helped to purchase those assets for our clients.
However, even with market conditions so strong over the past year in particular, we have continued to actively buy properties.
The reason we did so is because we recognise that property investment is a long-term strategy, which means it’s the results you will achieve over the decades that matter the most.
With this in mind, then, this year is forecast to see some moderation in market conditions, but with property prices still set to strengthen further.
Aside from some silly prices that over-emotional buyers are paying, most strategic property buyers are likely to experience upward price pressure on their properties or portfolios this year and for the years after, too.
Plus, when you look back at the prices that you paid in 2021, or in 2022, you will be relieved that your reveille woke you up to the possibilities of property investment as a way to vastly improve your finance future.
If you’ve been thinking about investing in property, you need to have the experts at Atlas Property Group on your side. As national finalists for Buyers Agent of the Year and Rising Star of the Year, we are here to help! We are constantly analysing new markets that our clients are able to take advantage of as they progress towards their own large and fantastic portfolios.