Build property portfolio with a long-term strategy
Two of the most significant factors that cost property investors money in pursuit of the purchase are lack of inside knowledge and deciding to go with their heart rather than trust in analytics. Buying an investment property to build a property portfolio can be a very complex and challenging process. And it can be very stressful at the same time. However, it doesn’t need to be. Getting a buyer’s agent from Get RARE Properties on your side can make it very easy.
Instead of you investing the way an average home buyer does, we guide you to a real estate purchase that will meet your income and capital growth goals. The right research, selection and negotiation techniques can result in tens of thousands of extra dollars in your property portfolio.
WHEN IS THE ‘RIGHT’ TIME TO BUY PROPERTY?
Before investing you should try to understand all the factors about the property market as that can influence when you should buy an investment property and where. When you buy an investment property, there are additional cost to the purchasing price that needs to be added while budgeting. Other factors that add to the list into your budget:
Council and water rates
Legal fees and conveyancing costs
Lender’s Mortgage Insurance (LMI)
Property title transfer fee
Maintenance cost over the period
You may also need to consider the home loan repayments difference if your tenants rent does not cover the entire costs. Having a clear financial understanding of your savings is very important for the investment to avoid any surprises down the road.
Purchasing investment property is one of the most significant financial decisions an investor will make in their lifetime. It represents a substantial fraction of your wealth. Taking that first step and turning over the page in a property portfolio can be difficult to work yourself up for, however. Unfortunately, many investors either follow the herd behaviour or get wrong advice. They are often misguided by the advisors who either do not always act in the client's best interest or give advice beyond the scope of their licensing or expertise.
Too often we see the unfortunate results of selecting the wrong property and the financial strain this puts on investors, especially in trying times.
Get RARE Properties is a research-focused property investment firm that assists the clients to upskill and make informed decisions that suit their financial situation and risk appetite.
Australia is a geographically big country with a diverse economy. As such, each region can be in a different stage of the property cycle. This market fragmentation presents opportunities for educated investors to achieve above-average capital growth.
The timing of the purchase is also pivotal. It can affect the short, medium and long-term growth of your property portfolio. Having a good comprehension of the property cycle is crucial to the performance of your assets.
A buyer’s agent from Get RARE Properties can give a first-time investor more in-depth advice about property investment checklist and getting the best property for investment and help build a property portfolio for their long-term strategy. A buyer's agent will help unlock their wealth of information for yourself, and start your property buying journey with the right strategy.
Engage us if you:
- Willing to Access Off-Market properties
There is a vast number of properties for sale that never make it to the listing on the internet. It could be that the vendor requires discretion, or that the agent knows Buyer’s Agents with pre-qualified buyers ready for a quick transaction.
- Time Poor
You’re working hard, you’re juggling life to the extreme, and your time is precious, well spent with family and at your expertise. Focus on what’s important to you, while Get RARE Properties Team search full time for your next investment property.
Should you be chasing yield or capital growth? Apartment or house? What budget? What location? We begin by designing your long-term investment strategy, appreciating your current position and risk appetite. Keeping your ultimate end in mind, we then craft the next tactic move answering all the questions specific to your path to financial freedom.
- Access Distant Properties
The Australian property market is very fragmented and has multiple property cycles. With our access to an extensive network of agents, we will be able to access a broader market picking the right location at the right price.
- Hesitant, or Frustrated
Maybe you’re just not sure about how the process works. Or perhaps you’re worried about paying too much. After all, it is one of the most significant financial decisions you’ll ever make. Don’t hesitate to get us on your side who can guide you through the whole experience. You’ll be so glad you did.
- Money Savvy
We work exclusively for you, avoiding conflict of interest which is inherent in the traditional seller-oriented transactions. A conventional Real Estate Agent is employed by the vendor to get the highest price possible through smart marketing tactics, negotiating skills, and emotional pull. As your Buyer’s Agent, we will ensure that you do not overpay for your investment property.
Searching for the right property takes a considerable amount of time, one of your most precious assets. Many of our clients are busy professionals and understand the need to leverage their time. We do all the legwork and present a shortlist of suitable properties for you to inspect.
We represent buyers in the real estate process. Our services are designed to make the real estate process easy, fun and rewarding for the buyer. We help you provide long-term solutions, education and support to ensure that you develop a sophisticated, extensive and wealthy property portfolio.