Confused about Property Investment?
FAQs continued
6. When’s the best time to sell?
A lot of people think that in order to use some of that wealth they need to sell their properties. We believe, where possible, you should avoid selling!
It’s just like killing the goose that laid the golden egg.
The strategies to utilize your wealth in retirement vary widely depending on your personal circumstances. The most important thing is to have some wealth to work with.
7. Should I pay my home off before I buy an investment property?
Most people are under the impression that they have to pay their home off before they can afford to purchase a portfolio of investment properties.
To achieve this they pay extra on their home loan repayments, in some cases double. 5 - 10years later they try to enter the investment market, but realise that the entry price has risen dramatically and sometimes so much so that it can put them off purchasing an investment property at all.
Many people don't realise that by redirecting their extra home loan repayments towards holding one or two investment properties they can, in the long term, actually pay off their home loan earlier.
8. How do I find a tenant?
As soon as your property is about to settle we choose the leading property manager in the area to select a tenant with a reliable tenancy record.
9. Does Stateland Properties provide finance?
No, but we can recommend a number of trustworthy and reliable mortgage brokers that some of our clients regularly use.
10. What is the process if I want to buy an investment property through Stateland Properties?
- Call us - Ring us on 1300 557 566. We’ll have an informal discussion and together we'll decide if property investment is right for you.
- Consultation - We’ll come to your home or workplace (or you can visit our office), to discuss your needs and concerns, share our investment principles, and draft a strategy for starting your investment property portfolio. This will take about 1 hour.
- Strategy delivery - We'll put together a comprehensive strategy - all the research, financial and other information about the property you decide on.
- Ongoing support - We‘ll continue to advise and help you build your portfolio for years to come, free of charge.
And remember, all this service is free of charge.
11. Why use a Property Investment Advisor?
I own a car but I’m not a mechanic. I have teeth but I’m not a dentist. Just because someone owns a house it doesn’t make them a property expert.
We have years of experience focusing on getting the best possible returns out of property investment.
Lots of people think they do well through property as it is a very stable and effective growth create tool even if you mess it up. Use our expertise for no cost and we’ll show your how to multiply those results with ease.
12. Why Invest in Property if I Have Super?
But do you have enough? Have a look at our calculation for what assets you need to own to get the retirement income you desire. Well over 90% of Australians will not have enough superannuation to meet their needs.
