By: Joshua Finley
Empire Wealth founder Shanaka Ubeysekara is a seasoned property investor with a track record of helping high-net-worth individuals grow their wealth through property investment. With years of experience in investment strategy and finance, Shanaka has guided many clients toward achieving their financial goals. His approach is rooted in a deep understanding of market dynamics and a personalized strategy for each client. Here, we delve into Shanaka’s three tips for successful investing, backed by insights and examples from his career.
Empire Wealth: Building Financial Futures
Empire Wealth is a premier Buyer’s Advocate that caters to high-net-worth individuals. They specialize in creating customized property investment plans that align with clients’ financial goals and risk tolerance. Empire Wealth’s success is built on Shanaka’s ability to blend analytical rigor with practical property investment strategies.
“At Empire Wealth, we believe in providing tailored property investment solutions that resonate with our clients’ aspirations. It’s not just about growing wealth through property; it’s about achieving financial independence and security,” says Shanaka.
Tip 1: Determine the Value and End Goal
The first step in any investment journey is clearly defining the value and the end goal. Shanaka advises understanding what you want to achieve with your investments. This involves a thorough assessment of the potential value and realistic end goals.
“Sometimes, it helps to show people pure facts. It can become tough to see what the facts are and what the solutions are,” Shanaka explains. He illustrates this with an example from his career:
“I had an elderly couple who invested in real estate early on. They owned a large parcel of land and wanted to develop a multi-family subdivision. They jumped in without a foolproof plan and ended up spending over a million dollars in two years, running out of money. When I analyzed their situation, they had spent four times what they should have on the project.”
Tip 2: Create a Plan to Achieve Your End Goal
Once the end goal is determined, the next step is to devise a strategic plan to reach it. This plan should be comprehensive and adaptable, accounting for potential obstacles and market changes.
“A clear path forward is crucial. Without a well-thought-out plan, even the best investment opportunities can lead to losses,” says Shanaka. He guided the aforementioned couple through developing a detailed strategy to salvage their investment.
“With a structured plan, they were able to bring in a business partner who provided the necessary capital. This not only saved their project but also ensured they could still make a profit,” he recalls.
Tip 3: Enjoy the Benefits of Your Successful Plan
The ultimate goal of investing is to reap the benefits of a successful plan. This means achieving financial returns and enjoying the peace of mind that comes with financial security.
“Investing is not just about the result; it’s about the journey and the satisfaction of seeing your plan come to fruition,” Shanaka states. For the elderly couple, the successful implementation of their plan allowed them to secure their financial future and enjoy the fruits of their labor. “Seeing my clients succeed and knowing I’ve helped them achieve their goals is incredibly rewarding,” he adds.
Final Thoughts
Shanaka Ubeysekara’s expertise in property investment strategy is evident through his methodical approach and successful track record. His tips for determining value and end goals, creating a strategic plan, and enjoying the benefits of a successful strategy are invaluable for any investor. At Empire Wealth, Shanaka continues to empower clients to make informed property investment decisions and achieve financial success.
For more information about real estate investing and personalized investment strategies, visit Empire Wealth’s website.
Published by: Khy Talara
