IQ Capital help you plan for a better future and this is especially true with the dozens of positive reviews. But not everyone is happy it seems.
Is it worth you using IQ Capital? I wanted to share my opinion as someone who has been through a property investing journey for over 10 years.
IQ Capital Review
IQ Capital is a good company. They help primarily mum and dad investors to build a solid financial plan. This is done through their various associated arms like IQ Finance, IQ Invest, IQ Wealth and IQ Financial Planning.
For 12 years they have done very well. In fact, they have won multiple industry awards via Choice Magazine. They can help you achieve your financial goals, or at the very least, help you learn more about getting started on the property journey. Their Time to Think Rich eBook is a wealth of information.
What’s astounding is the number of customer testimonials and genuine reviews on the IQ Capital website. That’s clear evidence that people have enjoyed this process. Most other property investment consultancy firms don’t share much of this nature at all.
My property investing journey
I’ve learned a lot. From my experience, there are really 3 ways to build a property portfolio:
- You educate yourself. I started with Rich Dad Poor Dad and Michael Yardney’s books. You do all the research yourself and find a property. Done. However, this is a long and tedious process and you might not be sure if it’s the right thing for you. It also can increase the risk of bad decision-making.
- You use the professionals. IQ Capital are professionals. For many years they have helped clients across the Gold Coast and indeed much of Australia to find solid investment properties that stack up. Essentially, you’re potentially reducing the risk of buying a dodgy property.
The 3rd way to help build a portfolio I’ll get into later.
Challenges in this decade
Now, this wouldn’t be fair without some criticism, as I wanted to write an unbias review. And this is directed to the industry as a whole.
Australia’s property market is going into decline. Negative gearing only works if the market is going up. This creates a very challenging situation for all parties.
Mum and Dad investors are probably going to be holding a property that didn’t quite meet their expectations. But – they should look at the trends over 20 years, as the economy will no doubt recover from its current lows.
The 3rd way
I call this the new way to build cash flow and that is through digital assets. I recommend that people focus on building digital assets as much as they do physical assets.
Since digital assets aren’t a 20-year game plan. I’ve seen people replace their incomes in 2 to 3 years since starting, provided that they are committed.
Digital assets return cash flow while physical assets are best for capital growth.
And if you’re seeking a flexible lifestyle, then digital assets are likely to get you there a lot faster. Or provide you with more borrowing power to get into the next property ASAP.
IQ Capital is a great company based in Southport. While they have their fair share of critics, many people are impressed with the services too. They are certainly worth it if you’re needing everything done for you without the stress.
The challenge is buying a property that declines in value. It could happen to anyone, whether they purchase through IQ or go solo. This has happened in the past and will happen again.
That’s where research and market trends come into play. IQ does their research first before offering any property. Before that, you need a solid game plan.
My game plan today combines both physical real estate and digital assets for a winning combination. I’d love to help you.