Finding the right properties which we believe will best serve our clients is an exhaustive process which involves constantly scouring and searching the market. Dynamic Property People is happy to refer you to advice and support from unbiased, fully qualified professionals: accountants, solicitors, finance and Licenced Real Estates who specialise in the area of property investment. We wish to help you become an multi property owner, so all our propeties must meet our stringent criteria. Just as important is the after sales follow up. Right through to the property settlement, tenancy and beyond. Simple Rules of Property Investment:
1. Buy brand new to maximise tax benefit 2. Buy in a recognised developing area to maximise capital growth 3. Buy houses as a first choice for better capital growth 4. Buy in the median price range for the locality to maximise its appeal 5. Obtain the right finance package 6. Use the right solicitor, experienced in conveyancing 7. Use the right accountant, experienced in property investment 8. Obtain the right Quantity Surveyors Report to maximise tax deductions 9. Have the right insurance safety net package 10. Employ the right property manager who has your interest at heart not the tenants 11. Don't sell in the short term - hold property long term to maximise return 12. Refinance only when necessary not as a matter of course 13. Seek the guidance of professional people when making any decision in relation to property investment 14. When listening to the 'advice' of 'friends' seek their qualifications and experience prior to taking their advice. Their 'negativity' will often ensure that you both enjoy a poor lifestyle in retirement
Build your Investment Property Portfolio faster by using the
Dynamic Property People "House & Land Strategy". Smart investors are turning to House and Land to help them build their Property Investment Portfolios faster and easier.
Buying a house & land package “off the plan” will generally be up to 10% cheaper than buying an established home. When this is compounded with building in a high growth location, the package’s value upon completion can potentially increase by 20% or more. This equity gain allows you to build your Property Portfolio faster and is happening in the market right now.
The benefits of a House & Land Package include: checkmark Potential gains of equity margin on purchase approx $25,000 - $45,000. checkmark Save approx $9,000 + on stamp duty compared to established. checkmark Full Depreciation ie. $11,000 - $13,000 in first year. checkmark High Capital Growth Locations – averages of 17% + over last 5 years. checkmark High rental returns due to shortage of housing. Vacancy rate <3%. checkmark Housing is brand new so minimal maintenance costs. checkmark Quality builders = Quality Product, Service and Performance checkmark No fuss, No worries, We do it for you!
Dynamic Property People take all the hassle of building out of the investor’s hands by doing all the work required such as: selecting the best blocks of land and appropriate house design for that land. We only use reputable builders who will complete the development in the time frame scheduled. You will have your very own personal account manager who will ensure that you get a smooth ride from your decision to build until the start of your next real estate investment.
At completion we will supply the keys for you to move into or put you in contact with property managers whom will find a tenant for you as soon as your property is ready to rent out.
A lot of our investors choose to buy two investment properties then sell one on completion and take advantage of the profit to pour into their second property. Wow !! instant positively geared property that is also experiencing fantastic capital and high rental yields. This is a powerful means to speed up wealth creation and financial independence.
So what are you waiting for? We can get your new house and land package underway today
The sources we draw from include: Australian Bureau of Statistics, BIS Shrapnel, KPMG and Real Estate Institute Australia. The reports from these sources are all publicly available.
See below the 20 Key Points that you should consider and that we have researched in our assessment.
We need to find out: how much we should borrow, as distinct from how much you can afford to borrow. how much you can afford to invest. the cost to the investor before and after tax. which area will potentially give you the best return and in the long run the optimum capital growth.
......and many other issues, all of which help determine the property that best suits your circumstances and helps you attain your goals and objectives.
However, most investors, acting without the assistance of a professional property planner, will ignore these steps and go to the classified section of the newspaper, make telephone calls to local agents, inspect properties, choose the best of whatever happens to be available, talk to their bank, do some calculations and then become the owner of an investment property. This is how major mistakes are made.
20 Point Property Criteria
The motivation behind an investment property is to buy an income-producing asset to provide you with an ongoing income stream [rental income], tax deductions and ultimately a significant increase in your 'net worth' [capital growth]. That's why there's no room to get emotional. Forget about how 'lovely' the property looks, your main concern is the bottom line: how much it will cost you and how much it can make.
Savvy investors don't buy a property around the corner and hope it brings good returns. They do their research and buy where the potential is greatest....
With the Dynamic Property People 20 Point Property Criteria every building development must undergo the closest scrutiny. In order to pass the test, each project must qualify 100% in each of the following:
1. It must be new to qualify for full depreciation allowance. 2. Highest growth area. 3. Preference for brick and tile. 4. Excellent transport facilities and close to schools. 5. Good valuation. 6. Spacious in area, inside and out. 7. Approved by Banks and Insurance Companies. 8. Low maintenance building and grounds. 9. High capital growth potential. 10. Highest building standards. 11. Close proximity to shopping centres. 12. Highest negative gearing advantage. 13. Reputable property consultant. 14. Reliable property management. 15. Close proximity to major city. 16. High employment area. 17. In high demand by letting agents. 18. Correctly structured finance. 19. Pleasing landscape setting. 20. High standard of project security and maintenance.
|