Anytime is a good time to buy a quality investment property as a long term asset but right now is the best time to buy property. The property cycle is at the bottom of its trough so there won’t be any other time when property will be this cheap. From here on, property values can only go up and up.
There is no fee for using our service. Because we virtually hand the builder his next client, he saves money himself on advertising, show homes etc and so pays us a fee – this is how we get paid – from the builder, not from you. Usually our fee is less than the bulk buy discount we negotiate on your behalf. So we project manage it for you and it’s usually cheaper than if you do it yourself.
At Stateland we use proven research not guesswork to select our locations and properties:
We fully encourage our clients to check the market value of the proposed investment property through both recent sale prices of similar properties in the area and disclosure of valuation. Remember that the vast majority of people will borrow money to acquire an investment property. In this case your bank will insist on an independent valuation. If it doesn’t stack up, you don’t buy it.
Also if we were to try and sell something that was over priced we’d not only be wasting your time but our time as well.
You have our word that neither Stateland Properties nor the builder marks up the price of the property.
First work out what you’d like to have as income in retirement. Consider that you’re going to have a lot of free time on your hands. You’ll probably like to go on holidays, shout the grand kids, buy a caravan or a boat and perhaps a new kitchen or bathroom at home.
For arguments sake, say you want $60,000 a year. What value of assets do you need to own in order to achieve your goal? Assume a 5% return on your assets. Then it’s simply:
My Desired Income X 20 = the Asset Value Needed
In our example that’s: $60,000 X 20 = $1,200,000
So to comfortably get an income of $60,000 you need to own about $1,200,000 of income generating assets.
Sounds a bit scary? We don’t think so. Keep in contact with us and we’ll show you the way.