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INVESTSMART
P R O P E R T Y
www.investsmartproperty.com.au
R AA LL
S TT R
II
UU S
AA
AA
2014
R AA LL
S TT R
II
UU S
8
STEP GUIDE
FOR FIRST TIME
INVESTORS
AA
AA
BEST
BEST REPORT
REPORT
CHOOSING
YOUR INDUSTRY
PROFESSIONALS
CREATING A
PROPERTY
TAXATION &
DEPRECIATION
Copyright © 2014 InvestSmart Property Group. All Rights Reserved. Terms & Conditions.
1
Foreword
When it comes to making money and reaching retirement goals, many people, just like you, are already ahead of the game– and most of them are doing it with little effort.
Have you ever wondered how?
The answer comes down to three little words: property, knowledge and assets. Master these fundamentals, and you too can be on your way to success.
In this eBook we’ll share with you some of what we know about investment properties. In the following pages, we’ll outline the strategies, principles and processes that you need to follow in order to succeed in property investment.
We’ll also take a look at some of the main risks of property investment, and guide you through some of the dangers associated with purchasing an investment property.
Information provided on this document is general in nature and does not constitute financial advice. InvestSmart Property
Group will endeavour to update the information provided on this document as and when required. However, information can change without notice and InvestSmart Property Group do not guarantee the accuracy of information on the document, including information provided by third parties, at any particular time. Although every effort has been made as to the accuracy of the information provided on this document, you must not rely on this information to make a financial or investment decision. Before making any decision, it is recommended that you consult a financial planner to take into account your particular investment objectives, financial situation and individual needs. InvestSmart Property Group do not give any warranty as to the accuracy, reliability or completeness of information which is contained in this document.
2
Contents
Why invest in property?..................................................................................................................... 4
Creating a property Investment Strategy..................................................................................... 5
Choosing your Industry Professionals........................................................................................... 6
Finding an Investment property...................................................................................................... 7
Step 1 – Finance.................................................................................................................................. 8
Step 2 - Location................................................................................................................................. 9
Step 3 – Value...................................................................................................................................... 9
Step 4 – Infrastructure..................................................................................................................... 10
Step 5 – Rental Return..................................................................................................................... 10
Step 6 – Quality and integrity of the developer ����������������������������������������������������������������������� 10
Step 7 – Designs and Finishes........................................................................................................11
Step 8 – Legal Structure....................................................................................................................11
Financing your Investment property.............................................................................................12
Capital