We're serious about the marriage between finance and property
There is nothing more frustrating than trying to integrate your finance needs with buying property so that the timing works for you, not the bank. Buying property can be stressful enough as it is.
Through our extensive relationships with Queensland leading mortgage brokers we can offer you a range of home loan choices and advice.
Here at All Properties Group we will connect you to professionals with financial advice allowing you to raid the best minds in the business for fresh thinking on what the best home loan is for you – in the strictest confidence. And because we don’t have our own home loan product to sell, you’ll get impartial thinking, 100% of the time.
We are serious about the marriage between finance and property, so we can help you with your home loan require- ments, regardless of whether you purchase a property through APG.The last few years have been interesting for property, many investors have been implementing the lessons learned dur- ing the GFC and the following recovery.
The downturn proved even the best investors can’t predict exact market timings, which is why they don’t try to ‘crystal ball’ the market. So follow their lead: learn from the past, get expert advice, check your finances and you will be on your way to investment success.
Below are a few top tips for investing.
1. Choose property attractive to tenants
It should be clean, have good-sized bedrooms, off-street parking, and good positioning away from noise and main roads. These factors will ensure your property is attractive to renters and will guarantee your income stream.
2. Choose property that will grow in value
If the property is close to a major CBD, beaches, schools, public transport and leisure facilities it’s more likely to grow by more than the average in a good market and is more likely to hold its value in a down market. If you buy around the me- dian price then more people can afford to rent it and more people can afford to buy it if you were put into a forced sale position.
3. Buy blue chip
Cheap properties are cheap because they are not in great demand and there’s plenty to choose from. It’s worth paying market value for a good property in a top suburb rather than trying to save by buying something no one else wants.
4. Create instant equity
Quick renovations such as a paint job, re-carpeting, tidying the garden, painting the fence, installing new curtains or blinds, and replacing the kitchen-cupboard doors can significantly improve the value of your property.
5. Refinance to create a buffer
When your property grows in value, refinance to create an emergency ‘buffer’ zone. This will ensure you can continue to make mortgage repayments even if you lose your job.
6. Re-sign your tenants
Talk to our professional property management team to ensure you get reliable tenants and that they pay a good market rent. Consider tying your existing tenant down to a new 12 month agreement. This will help guarantee your rental in- come.