PROPERTY INVESTMENT STRATEGY – HAVE ONE!

Before any property is purchased it is wise to have an overall strategy; an entry strategy, exit strategy, finance strategy, and finally a bi-annual review with PanVest Property. This forces you to stop and have a think about what your goals and needs are and then work out the best way to make it happen. A review every two years ensures your strategy is up to date and that your investment scenario is maximised at all times.

Overall Strategy

Consider what your goals are for the short, medium, and long term. Some considerations could be –

Is anyone going to invest with you? What are the tax implications of your investment direction? Are you more comfortable with negative or positive geared scenarios? Will you invest personally or in an SMSF or both? Can the “Bank of Mum and Dad” help in any way to get started? How does capital gains tax affect my investment? Are you looking to invest for 40 years or 5 years? How much income do I need for retirement? How many properties do you need? Pro tip – most people will need to own more than one property in retirement to retire comfortably.

There are literally as many considerations as there are people looking to invest. PanVest Property will start a conversation with you to help you consider the overall strategy so that you can make a confident step into property investment.

Entry Strategy

PanVest Property will provide information on the state of the investment market in the key growth areas. This will allow you to decide on what state, region, and suburb is the best for your strategy and budget; and why. We will discuss the pros and cons of the different housing options so that you will be confident in your request for a house and land, townhouse or units. We will discuss entry and holding costs so that you are confident in your budgeting. You will have an indication of rental return to assess cash flow.

Exit Strategy

You will have already considered how long you will invest for. You will understand how Capital Gains Tax will affect your property when it sells. You will have considered the reasons for selling.

Finance Strategy

With our Mortgage Brokers, you will have considered what type of loan is best for your strategy. You will be confident that you require a variable or fixed interest loan. You will consider if interest only or a “principal and interest” loan is best. You will have considered how best to use your offset account to minimise interest and maximise your paydown of the loan.

Revision

PanVest Property will sit down with you every two years to see where you are up to with your property investments. We will revisit your current needs and goals, the investment, loans, savings, equity, growth, etc. This will give us the ability to tweak the investment if needed to make sure your investment is working as hard as possible for you at all times. Most excitingly we will also be able to advise when you might be able to invest again.

 

DISCLAIMER – ANY INFORMATION ABOVE IS GENERAL IN NATURE AND DOES NOT ACCOUNT FOR YOUR PERSONAL FINANCES OR CIRCUMSTANCES. PROFESSIONAL ADVICE SHOULD BE SOUGHT FROM AN INDEPENDENT TAXATION OR FINANCIAL ADVISOR. PANVEST PROPERTY ARE NOT TAXATION OR FINANCIAL ADVISORS, BUT CAN REFER YOU TO INDEPENDENT TAXATION & FINANCIAL ADVISORS.

Book in for a 15 minute conversation to see if we can help you

    When would be a good time for a call?

    Where did you hear about us?