I’m guessing that you really want to make 2017 count and that would definitely include making sure that you’re financial position is moving forward.
The majority of people holding large sums of cash in bank accounts, term deposits and the like believe that their money is secure but they are paying a very heavy price for parking their cash in the bank. With the inflation rate currently at 1.3% (Quarter 3 2016), your money is on ‘holidays’ for 360 days of the year!
The Sydney housing market on the other hand was up by 10.6% in 2016. In fact, every capital city saw housing values increase with the exception of Perth and Darwin. The number of property investors entering the market over the past 2 – 5 years indicates that there are many people out there who want a much better return on their dollars and they’re choosing property as the vehicle to make it happen.
So, if you want to start investing right now, what do you need to do?
Step 1:
Get your income tax up to date.
In order to get a pre approval for a loan you will need to ensure that you have your tax return done. This will enable a mortgage broker to quickly know your financial position and ascertain how much can be borrowed.
Step 2:
Get a pre approval for your finance.
When you have completed this step you are in the best position to start looking at the right property type, in the right location to add to your portfolio. Whether it’s your first property or your fiftieth property, you will need finance pre approval.
Step 3:
Get an experienced Investment Property Advisor.
There is no limit of property investment information available to you. Trouble is, there’s so much confusion around ‘Where to buy?’, ‘What to buy?’, ‘When to buy?’, ‘How much should I pay?’, that a percentage of people NEVER buy anything for fear of making a mistake. Now add to that the challenge of having enough time for the due diligence required and navigating their way through the purchase process. It’s little wonder that MANY people don’t even end up purchasing one investment property, let alone build a portfolio.
Those clients who use an Investment Property Advisor are 94% more likely to have an individualized investment Plan and purchase an investment property within 6 weeks of meeting and starting to plan with their Advisor.
2017 is the year that can make the difference to your financial future and it starts with you taking Action.
Call Julie now to start the conversation.
If you want a better return on your money
If you want to know where Investors are investing right now
If you want to know the right type of property to buy in those areas
If you want access to a great, experienced team – Property Advisors, Mortgage Brokers, Accountants, Conveyancers
If you are ready to start now
Call Julie now 0421 631 925 and get started.