Property Investors

Home Buyers and Property Investors

Owning a property to either live in or rent out is part of our Australian culture. It is a growth asset that helps you to save thousands of dollars and increase your wealth.

Whether you are thinking about buying property for the first time or want to add more property to your portfolio, we can help you to increase your wealth, reduce your tax, and protect your property.  We have been doing this for over 20 years.

Buying Your Own Home

How much will it cost you?

Buying your own home will probably be the biggest financial decision in your life. You will need to understand how much that home is going to cost you now and in the future. The cost of your home does not stop with the purchase price. So it is very important to understand whether you can afford to buy your new home. We can help you to work this out and avoid being caught out.

In who’s name do you buy your home?

When you buy a home you have the choice to buy it in your own name, joint names (if you have a spouse), a trust or a company. This can be a tricky decision particularly if any of the following circumstances apply to you:-

• You run a Business
• You operate in a risky profession
• You expect your circumstances to change in the future (e.g. live in property now but rent later)

Which bank do you choose?

Most people need to go to a bank to buy their home. There are a number of banks offering different finance packages to help you purchase your new home. But how do you determine which one is the best for you? Do you take up a fixed or variable rate home loan? Is it best for you to use an interest only or principal & interest home loan?

Over the years, we have found that everybody’s circumstances are different. Everybody has different income and savings habits. Therefore, one loan type does not fit all. We will help you to choose a loan that suits you and gives you peace of mind.

We are Accountants and Independent Finance Brokers. These qualifications, together with our sophisticated Finance Software (updated daily), can make the decision quick and easy. This sets us apart from going direct to a Bank or another Finance Broker.

Should you update your insurances?

Many people buy their new home and obtain building insurance for fire or damage. However, they forget about life insurance or income protection insurance. When you buy your home it usually comes with a high bank debt. What happens if the main bread winner of a family gets sick, injured, or dies? Without insurance, it may be very difficult (if not impossible) for the family to stay in that home. We can help you to update your insurances and protect your family home.

Buying an Investment Property

How much money will it cost you and how much money will you make?

Before you buy an investment property you will need to understand how much it is going to cost you initially and on an ongoing basis. You will then be able to see whether you can afford to buy that property. You will then need to work out the investment return you will make on that property.

Whether you are buying a commercial or a residential property we can help you to assess your investment return and develop a cash flow plan. Over the last 20 years we have worked with our clients on thousands of properties.

Where do you buy your next investment property?

Many of our clients have trouble finding the right property to buy. This takes a great deal of time and effort.  If you are unsure of where to buy your next property we can help you. Our range of properties have been rigorously assessed. They are off-the-plan purchases which have a competitive advantage in terms of location, security, quality, demand, functionality, and return.

In who’s name do you buy your investment property?

When you buy an investment property you have the choice to buy it in your own name, joint names (if you have a spouse), a trust or a company. This can be a tricky decision particularly if any of the following circumstances apply to you:-

• You run a Business
• You operate in a risky profession
• You expect your circumstances to change in the future (e.g. rent property now but live in it later)
• Land tax applies to you

Which bank do you choose?

Most people need to go to a bank to help buy their investment property. There are a number of banks offering different finance packages. But how do you determine which one is the best for you? Do you take up a fixed or variable rate investment property loan? Is it best for you to use an interest only or principal & interest loan?

Over the years, we have found that everybody’s circumstances are different. Everybody has different income and savings habits. Therefore, one loan type does not fit all. We will help you to choose a loan that suits you and gives you peace of mind.

We are Accountants and Independent Finance Brokers. These qualifications, together with our sophisticated Finance Software (updated daily), can make the decision quick and easy. This sets us apart from going direct to a Bank or another Finance Broker.

Should you update your insurances?

Many people buy their investment property and obtain building insurance for fire or damage. However, they forget about life insurance or income protection insurance. When you buy your investment property it usually carries with it significant bank debt. What happens if you become sick, injured, or die? Your family may then be unable to make the loan repayments on this debt. This may then force the sale of that investment property.

Depreciation Report

Investment properties are eligible for some fantastic depreciation tax deductions. If you have not been provided with a Depreciation Report on your investment property at the time of purchase then you will need to obtain one from a quantity surveyor.

Property Development

Property development involves the subdivision of land and/or construction of residential or commercial property. This business activity is for those clients who want to add immediate value to land. The developed property may be sold in the short-term or held for the long-term.

How much tax will you pay on your development?

Understanding your tax position prior to the commencement of your development is essential. There may be solutions available that significantly reduce your income tax and GST.

Have you selected the right legal structure to run your development?

There are different structures that you can choose to run your development through. These include companies, unit trusts, discretionary trusts, hybrid trusts, and superannuation funds. The right structure depends upon your own circumstances and whether you are concerned about reducing your tax bill and/or protecting your assets.

How do I arrange finance for my development?

Arranging finance for property development is very difficult at present. Many institutions are requesting terms that are impossible to attain. We may be able to assist though in structuring an appropriate finance arrangement for your development.

What are Property Managed Funds and how do you invest in them?

When you buy a property you are making a large investment in the one geographical location. You may be concerned about this. You may feel more comfortable diversifying your investment into several properties in different locations. You may also be in a situation where you do not have the funds to make such a large investment but you wish to still have a property exposure.

Property Managed Funds are a way to invest in commercial property with good diversification and lower geographical risk. This type of investment does not require a large sum of money. This is the easiest method to invest in property.

A Property Managed Fund pools investment money from different investors. Each of those investors has an ownership interest in the managed fund which is proportional to the amount they have invested. Each investor receives a proportional share of net income and capital growth on the properties purchased by the managed fund.

We can help you to select the right managed funds for you.