On this episode of the Passive Property Investor podcast, Jerry Parker shares three simple steps for property investment success. Step one emphasizes beginning with the end in mind, working backwards from your property goals to create a financial plan. By setting clear objectives, determining funding needs, and strategizing the property purchase, you can build a solid financial model for your portfolio. Stay tuned for more valuable insights on property investing!

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Timestamps:

00:00:00 - Introduction

00:01:04 - Step One: Begin with the End in Mind

00:01:47 - Step Two: Assessing and Managing Risk

00:03:03 - Common Mistakes in Property Investing

00:03:57 - Case Study: Risks of Active vs. Passive Investing

00:05:55 - Step Three: Choosing the Right Location

00:08:57 - Future Developments and Their Impact on Property Value