Investment Buying & Selling
The KEY to investment buying and selling is to have a real estate agent you can trust.
That's where we come in...
Over the years I have been involved in the purchase and/or sale of hundreds of investment properties. I've seen the positive impact these purchases have had on the difference in the lives of the investors.
It is true that at times the value of property goes up and sometimes it even goes down. Usually the rent on a property will go up, but occasionally it too goes down. However, across any decade, the trend is always up. Substantially up.
Back in the time when negative gearing was king, property investment was a legitimate, effective basis on which to select a property. In those days, inflation was running high and the tax benefits more than compensated for the actual shortfall between rental income and holding costs.
With inflation running at a much lower level at the moment and interest rates at record low's, other criteria are moving forward to be the primary factor in property selection.
Over the years some of the investors we have worked with have accumulated up to fifty properties. They have done this without BIG salaries and without significant wealth behind them.
What they have all had though, is the willingness to learn about why some properties work better than others and then they have had the courage to make a decision.
During that time, literally dozens of others have gone SO close to making the decision to purchase. All the way through the process of selecting the property. At the last minute however, they have backed out. Some of those people have no regrets. They know that they would worry too much to make long-term investors. Some of them now live with regret. Most of us know someone who says, 'See that property, I could have bought that for $xx, look, now it's worth four times that!'
That's the regret I'm talking about.
The GFC (Global Financial Crisis) has given many people a rare opportunity. An opportunity to secure a property at the same price that they would have needed to pay way back in 2007. That's right, some property prices have come back that far. No one has a crystal ball, but I, together with thousands of investors, am confident that yet again, over the next ten year period, these properties will have jumped significantly in value.
Some investors buy property for the income
An extra few thousand dollars income each year (per property) can make a huge difference to lifestyle in retirement.
Some buy for capital growth
To have an extra hundred or two hundred thousand dollars in the bank by selling an investment property of two at retirement can provide great peace of mind.
A few months ago, my wife and I decided to make some major changes to our life. One of the biggest obstacles to get over was the sale of our home. We were scared and expecting this process to be extremely difficult to deal with.