Property Investment Advice Wollongong
Property investment is usually a big deal whether it is your first or it is one among several others. This is because it involves huge financial investment with a promise of high returns but can also mean huge losses in case it doesn't go well.
Are you ready to venture into property investment market?
Do you think you have what it takes to thrive in this market? Southern Property Managers are always happy to offer investment property advice for those who want to invest in the larger Southern Sydney region. This way, we help you navigate the confusing property market by assisting you to make the right investment decisions to secure your property.
Why Invest In Property?
The beauty of property investment in Australian is that it helps you to build long-term wealth. It is also tangible thus it is perceived a safer option than non-tangible investments such as shares. If you invest in rentals, you can get a rental income stream and capital growth over time.
Moreover, property investment enables the owners to mitigate risk through property insurance such as fire or any other kind of damage, breaking leases or tenants leaving, and tax benefits such as negative gearing and depreciation.
Investment Property Advice Wollongong
We offer effective advice on property investment based on your financial circumstances and your financial goals. Property investors have to contend with various immediate and ongoing considerations. These can include the cost, property ownership, structuring, tax minimization, and asset protection.
Also, investors have to deal with a myriad of risk that typically stems from the tenants and the market including interest rates and property values.
One great risk though not common is the concentration risk, which means a property investment can go so well or so bad. For instance, an underground mine or a gas leak detected within your property could drastically erode its value. On the other hand, a change in immigration policy in an area could boost the demand for housing.
If you have invested in rental property, bad tenants who don't pay up or cause extensive damage to the property can cause heavy losses to the investor. Poor property management further limits the ability to make the best of your investment.
Divesting also takes time. Thus if you are in a financial situation that requires you to liquidate your assets fast, your investment may not help. There is also the cash flow risk especially when the rental income does not fully cover monthly mortgage repayments.
How Can our Property Investment Advice Help?
Our team works closely with property investors to help them identify both the opportunities and risks of a potential investment. We also offer sound advice in areas such as mitigating the risks, especially when dealing with high price investments. Southern Property Managers also help you to review the property options available for you to help you select the one that will give you the highest returns on your investment.
We don't promise or encourage you to flip your property for a quick profit as most reality TV shows do because this is often not the best case in the real world.
What we do is to help you save time and to remove the guesswork out of property investment by offering sound advice drawn from more than two decades of experience in the property market in the Southern Sydney region.