Property Investment Advisor
If you want to make a good investment in property in Australia, don’t put your choice of property down to good luck. This is because investments are not based on luck but on time-tested principles which can help you reach your investment goals. If you are a smart investor, you will try to understand the basic principles regarding investing on the basis of which you can devise a sound investment plan.
But, what if you don’t have the knowledge to spot a good piece of property that you would like to put your money down on? Well, obviously you need the guidance of a Property Investment Advisor. However, before you meet with a good property investment advisor, acquaint yourself with your risk appetite and investment goals, because this alone will determine your choice of investment.
And if it’s property that you want to invest in, look for a property investment advisor who helps you invest in property with a disciplined mind because this will help you accumulate wealth. An investment in property cannot be made on pure speculation or it will reduce your returns dramatically and put you at great risk.
A professional Property Investment Advisor will match his services to your specific needs and your long-term goals. This will empower you enough to make the right property decisions, backed by good property investment advice. Advice will be given to you based on your current portfolio of investments. Then, a strategy will be devised for you so that you get the benefits of paying low tax, negative gearing and long term capital growth.
Once this strategic financial plan is in place, it becomes easy to locate the right property for you. Right through the process of selection of property, your property investment advisorwill be available to you for help and guidance. He will scout likely properties and negotiate for them on your behalf, and keep you informed of the progress he makes at every stage.
What he procures for you as the last price will indeed be the best price for the property in question. This knowledge of what goes on until the deal is struck is important for you as it keeps you not just in the loop but also confident and completely in control of the situation.
Your Property Investment Advisor will also give you advice depending on any changes in your financial situation and call on a professional financial management team to manage your investment properties.Consumer sentiment increasing
I read an interesting article about the consumer confidence index (measured by the Westpac-Melbourne Institute Consumer Sentiment Index) and the importance placed on that for investment property advice. Tim Lawless from RP data has described the index to be “one of the most important for the housing market with the index showing an 85% correlation with the number of transactions in the housing market”
Good news for those of us looking at getting started in property investment, the index is rising, meaning there is more confidence back in the market. Tim Lawless put it simply saying that when confidence is up, the number of housing transactions also increases.