- Property Investment Strategies
- Maximising your property investment returns
- Time to get creative…
Property Investment Strategies
Choosing the right property investment strategy is all about matching the right real estate problem with the right investing solution. Your choice of which strategy to implement depends on two factors:
1. The profit outcome you want to achieve (ie. capital gains and/or positive cashflow returns); and
2. The needs of the person who’ll be paying you money in exchange for the use of the property.
Maximising your property investment returns
Typically, the most profitable property investments are made when you tailor the needs of the person using your property to the appropriate investing strategy, rather than the other way around.
If you already own property investments, then the key to increasing your returns is to better serve the needs of your client. For example, if you have a tenant then look for ways to increase the rent that also provides your tenant with more enjoyment from your property. A good example is the installation of reverse cycle air-conditioning or ceiling fans in a house that has poor ventilation. If the tenant agrees, then once the air-conditioning or fans are operational then you can justify an increase to the rent; it’s a win-win outcome where you have more rent and the tenant has a better quality of life.
Time to get creative…
We firmly believe that you don’t need to be a rocket scientist to begin making substantial real estate profits out of property investment. All you need is the right property, bought at the right price, with the right person living in it, under the right property investment strategy.
However, having said that, the property investment market is constantly changing, often dramatically.
While some experts believe that certain changes in the current market may spell the end for property investment as a strategy for continued profit, others believe it will just mean the end of the seller’s market and the beginning of a great time for astute and well prepared buyers (investors).
So research the methods avaliable to you, check it out with your accountant, and then get creative!
Warning: If you are unsure about the purchase price of your potential investment, obtain AN INDEPENDENT VALUATION OF THE PROPERTY. If you have already signed a contract you must get this valuation done before the 5 day cooling off period expires.