Why is it that only 95% of property investors have only one property investment. Why are we stopping at one investment? Why are we not continuing on to the second investment property? I personally can relate to this. I was in there. I bought my first investment property and didn’t purchase my next one until ten years later. Why the delay? I think it’s because I bought one and sat on it. I didn't have a strategy. I didn't really given much thought to buying my first property. At the time I was pleased with myself for having come this far. So the momentum dissipated.
As any successful investor will tell you, while buying your first property can be thrilling, it is only the beginning. To achieve your goals and truly secure your financial future, you need to keep adding to your portfolio. But how do you know that the time for buying a 2nd property has come?