HOW DO I INVEST IN PROPERTY?
Bricks and mortar are reassuringly tangible and have long been many Australian’s investment option of choice. It doesn’t matter if you’re from Perth, Sydney, Melbourne, Adelaide or Darwin, owning your own piece of real estate is the great Australian dream.
Investing in property is certainly a great way to achieve long term financial stability however beyond that we want to make sure you have a well thought out plan. This is where we can assist and become your personal property investment specialist.
Our banking and mortgage broker experience taught us any buying strategy for investment properties should have these goals in mind:
- Deriving a passive income
- Capital growth
- Utilising deductions to reduce tax burden
- Ensuring a balanced/diversified portfolio
- Planning for retirement
We then take into consideration all the variables like negative gearing, stamp duty and taxes to ensure you the best outcome.
Changes in market conditions have made investing in real estate harder but with our advice you’ll have a strategy that works. We might even be able to secure your investment loan at owner occupied interest rates, saving you thousands.
Utilising Equity
Existing home ownership may mean that you can access funds more easily and utilise any equity built in your current home to help you buy an investment property.
Portfolio structuring
Having your investment strategy in place and your property portfolio set up correctly from the start can have significant impacts on your overall investment and is important to get right – or you risk losing out on some of the investing benefits! We can also review and restructure your current portfolio.
SELF MANAGED SUPER FUND (SMSF) LOANS
Buying property via your superfund can be a tax effective way to achieve home ownership and build wealth. It can be complex, so talk to us more about this for further information.
Leveraging our networks
Our experience in the industry means that we have access to a range of fantastic financial planners, accountants, property advisors and estate agents who we can leverage to help you get the best result.
SOME OF THE MOST COMMON QUESTIONS OUR CLIENTS ASK:
Equity is the difference between the market value of your home and the amount you owe on its home loan. Equity increases as you pay off the home loan and/or as the property value appreciates (increases!). Market conditions can favourably increase your property value quite quickly, opening up new options for you to invest or refinance at a better rate.
Yes, and investment property loans are often structured around using home equity. Many factors contribute to equity loans and will depend on the lender, the type of property and availability of that equity. We can do a quick assessment and valuation to see if you qualify for this option.
Rental income will be taken into account when analysing your ability to service the debt. In general, it is not usually the full 100% figure but more around the 80% mark, however each lenders policy is different, and we will find the best loan fit for you.
This really depends how you intend to use the property in your long-term financial strategy, but it is a great way to minimise interest repayments and avoid diluting your tax benefits. There are lots of options available, but our advice is to speak to an accountant to find out any tax implications before you start the process.
This is an option for people looking to increase their loan amount by drawing on existing equity in the property. This type of feature is often utilised by people looking to fund a renovation or buy another property.
Negative gearing refers to the loss associated with property ownership relative to the income earned. For example, if the interest expense on your investment property is higher than the income produced in rent, your property would be considered negatively geared.
In terms of its functionality, not really. Investment loans can be equipped with the same features as your normal home loan. Investment loans tend to have higher interest rates and larger upfront deposit or equity requirements.
Australian’s can invest anywhere in Australia. Different state government rules and regulations apply in each state however we assist you throughout the process to make sure everything is completed correctly.
We’ve helped many Australian’s abroad invest in Australia, no matter if you’re living in London, Dubai, Singapore or Hong Kong, location is no barrier for us to help Australian expats invest in their homeland. See our [Australian Expat Investors] page for more information.
Lending and mortgage broking is all we do! As experts in residential and commercial property loans, Beyond Broking organises your finances and provides professional finance advice, matching your needs with the most suitable lending solutions.
We talk to the lenders for you, negotiate better deals than what’s being offered, do all the paperwork for you and help you avoid taking out a loan you might later regret.
And it doesn’t stop there. We know the ins and outs of the industry and regularly monitor your loans to make sure you’re on the most suitable deal, now and in the years ahead too.
