Investing in Property
Investing in property can be a great way to build long term wealth through the capital growth that can be experienced with well chosen properties.
Historically, house prices have tended to double every seven to ten years and regardless of whether you’re looking at buying your first investment property or adding to an established property portfolio, it’s critical to get a suitable loan and to do this, we will work with you to once again establish your goals and plans for the next few years and to understand just what is important to you.
We’ll help you understand:
- Why it’s usually better for investors to have an Interest Only loan;
- How to use the equity in your own home to cover the deposit and costs;
- What a difference a good property manager can make in keeping your property tenanted;
- How important it is to get a depreciation schedule, and more.
We can refer you to Accountants that are experienced with property investment tax rulings and recommend that you talk to an accountant if considering investing in property.
We can also refer you to property managers, Conveyancers, Quantity Surveyors and even people that can help you find a property if that scares you a bit!
The big point here is that the experience that we have from owning investment properties means that we are not just talking theory when you talk to us. We’ve even been successful in applying for a Individual Tax Ruling on the deductibility of our capitalized interest.
The information that we supply to help you with your investment property includes a Loan Structure Summary that will help you explain to your accountant how your loans are structured as well as a template that will also help keep on top of your investment property in the easiest possible way.