One question we get All. Of. The. Time here at InvestHER is “when is the right time to buy property?”
And to tell you the truth, we have a ton of women within our community currently saving their deposit up, all in completely different financial situations with different goals, varying jobs and money mindsets.
So the answer isn’t exactly one-size-fits-all.
BUT, what we can say is this: the best time might be sooner than you think.
A lot of women (and probably a lot of you out there in the community!) are actually a lot closer to property ownership than you realise – you just need the right support, a solid strategy and someone to show you that it’s absolutely possible and not-at-all out of reach.
So let’s have a look at why now (or soon) might in fact be a better time than any, and why waiting around too long could actually cost you:
A simple (no strings attached) conversation could change EVERYTHING
In a recent episode of the Reset Workplace podcast, Kaz shared some insights into real clients we’ve worked with. She spoke through some of our very real success stories where just having that first strategy session with us meant they were able to buy 6, 8, even 12 months earlier than they thought possible.
(If you want to listen to the full episode you can check it out on youtube here or on spotify here)
The thing is – you don’t have to figure it all out on your own, and sometimes you’re actually a LOT closer to doing the thing than you think you are – you just need someone to put you on the right path.
Here at InvestHER we help people get started on their investment journeys day in and day out – no matter where they’re at right now. We’re always here for a sit-down chat about your options, but if you’re not quite ready for that yet, let us offer you some advice…
Planning ahead is KEY
The absolute BEST move you can make today is to START PLANNING!!
Even if you’re technically not ‘ready’ to buy yet, having at least a rough plan means that when the time does come where you’re ready to jump in – well, you’ll really be ready and as prepared as possible to seize any opportunity that comes your way.
Here’s what planning ahead actually looks like:
- Understanding how much money you can borrow
- Setting realistic savings goals and understanding how you’re going to budget your finances to get there
- Understanding the types of properties you should be looking for based on your individual circumstances, goals and lifestyle preferences
- Working on your mindset and knowledge so that you’re ready when an opportunity does come up
Often people don’t even realise it, but having a plan like this can actually fast-track your progress far more than if they were to just go in blindly.
In fact, waiting for the ‘right time’ to do ANYTHING could actually be the very reason you haven’t felt like the time has been right yet…
Waiting might actually cost you…
The reality is that property prices and markets don’t wait for anybody.
If you’re stuck there waiting for the perfect moment to act, you’re missing out on potential big opportunities within a shifting market, the cash in-pocket you could be making from rental yields, and most of all you’re missing out on time in the market – and this is where the real wealth comes from!!
So the moral of the story? Instead of waiting for that perfect time, or sitting around questioning if there even IS a perfect time to start investing, may we pose this to you:
Start having the conversations. Start reaching out to people who can help and work through your unique situation with you. Start getting clear on where you’re at now and where you want to head, and then start developing a plan to get you there.
No more sitting idly by waiting for the sun to set and the cows to go to sleep. Nope – we’re taking our financial futures into our own hands starting from NOW, which means that it’s up to you to start taking action.
I think you’ll find that once you start, the reality of owning a property isn’t actually as far away as you think.
Need a hand? Contact us here – we’ve got your back through it all!