Professional Property Investment

Learn how to invest in property the right way with Grow Consulting

Property is one of the best long-term investments in Australia. Many Australians have made money in real estate. In fact, many of the richest people in the country built their wealth from property investments.

Not only is property one of the best performing asset classes over the long term, in Australia you can also benefit from tax concessions including the ability to 'negative gear', which will help bring down the overall cost of your property investment.

What to buy? Where to buy? Unit or house? Residential or commercial? When is the best time to buy? These are just some of the common issues to weigh up. Grow Consulting provides expert property investment tips so you know exactly how to buy the right investment property for you.

Experienced property investment consultants working for you

Grow Consulting can help you get the right answers to all your queries. Our property investment seminars and advice shows you how to successfully navigate the investment market. We always act in your best interest and help you achieve your investment goals using our unique 3-step process.

Property investment consultants taking you through the 3-step process to success

At Grow Consulting, we use a 3-step property investment process that has helped many of our clients build wealth and security through property investment.

Our process involves listening to what you have to say and focusing on your needs, goals and personal situation. We help you to take action and reach your true investment potential.

Step 1: Listen and Analyse

The first step is to find out more about you: your goals, your current financial position and what you looking for in an investment property.
Based on this information we assess your affordability and provide a range of investment options for you to consider.

We then develop and implement an action plan for you based on the choices you've made. This action plan will take you to the next step towards realising your goals and will encompass a detailed strategy on purchasing your investment property.

Step 2: Find a Property

Having worked out your borrowing potential and discussed your needs and goals, we can now help you find a specific property that matches your requirements. Once you find what you want, we'll help you to finalise the sale by working through the property settlement process. We can do the paperwork, and help you arrange any inspection and valuation required. As finance brokers, we can of course help you with your borrowings needs.

Step 3: Post-purchase Review and Set-up

At this stage we review the process you have just completed and ensure that you are set up to manage your investment property. Some of the things we'll help you do include completing tax variation forms, filing and managing paperwork, managing cashflow and expenses, and setting up of accounts.

Each step moves you forward. We make sure our meetings are productive so you can get the most out of your time with our professional property investment consultants. We'll work with you to develop strategies, review previous decisions and outcomes, and set goals.

For more information or to speak to one of our expert investment property advisors contact Grow Consulting today.

7 top tips for investing in property

1. Don't rush into a property purchase

When you enter the market as a property investor, be patient. Don't feel pressured to buy the first property you come across in fear of missing out. To secure a top quality investment property, one that will bring in good rental income and long-term capital growth, you must do your home work first. There are many 'boxes to tick' before you jump into the market.

2. Don't just invest in land

Many investors think that they need to invest in land to make a return. The truth is, a block of land 40kms from the city won't provide nearly the same return in capital growth or rental income as an inner-city apartment. Land closer to the city is generally more expensive to buy and harder to fund. It maybe smarter to buy and hold a more affordable inner city apartment and use the capital growth to leverage for a future, more desirable, house or land purchase.

3. Don't follow the crowd

Your situation is completely different to your neighbours' or friends'. What worked for them when they invested won't necessarily work for you. Seek individualised advice, and get a property investment solution tailored to your needs and personal situation.

4. Get updated advice

The property market is constantly changing. What was good advice six months ago, or even three months ago, may not necessarily be the case anymore. Seek updated advice from property experts you trust.

5. Build a property investment team

Instead of going to separate firms for different advice, find one that will give you all the key advice you need under the one roof. Grow Consulting for example can offer help in three key areas: property financingproperty investment and property management. You get to deal with one person who will develop an understanding of your needs and your personal situation - and, importantly, can ensure all the advice you get is aligned to the one integrated strategy rather than piecemeal.

6. Look for a wide range of choices

The greater your choices, the better your chances of finding a property that matches your needs and can offer good returns. Don't restrict your search to a narrow market by using a real estate agency with limited range of properties available. Further, don't restrict your property investment to just the one suburb or one state. Suburbs, areas, and states have their own unique characteristics and as such are influenced by their own prevailing market forces. By building a portfolio with properties located in different areas you will benefit from diversification, which helps to lower your portfolio risk. In other words, you are not putting all your eggs in the one basket.

At Grow Consulting Group, we have relationships with a range of property developers and real estate agents so you can choose from a comprehensive range of properties.

7. Seek the help of a property specialist

When it comes to money and investments, it always pays to get professional guidance. A property consultancy like Grow Consulting Group can help you every step of the way - from helping you choose a suitable property to doing all the paperwork to ensure your investment runs smoothly. And remember, your initial consultation is completely free.

Portfolio Considerations?

Is your property investment portfolio reflecting your current needs?

Property investing should never be a 'set and forget' exercise. You need to review your portfolio regularly and make adjustments in line with life and market changes.

Careful, ongoing portfolio management will enable you to maintain/increase your returns and manage your risk. This includes monitoring your loan structure, making sure you get the most out of tax concessions/deductions, and keeping tabs on ongoing costs (e.g. yard maintenance, repairs) associated with your properties.

Below is a very general list of questions you need to ask yourself.

If you are not sure of your answers, why not book in for a free initial consultation with one of our directors. We can discuss your situation and address other options available to you, obligation free.

For a free initial consultation and review of your property investment, call us on (07) 3252 3785.

Did your (or your partner's) employment situation or net income change?

If your income has decreased, this may impact adversely on the affordability of your investment. On the other hand, if your income has increased, you may be able to make higher re-payments that will ultimately work to your advantage.

Has your lifestyle or personal circumstances changed?

For example, are you recently single or partnered? Have you recently had a baby or taken out a loan for a car? These types of changes can affect your ability to service your property investment loans, which means you'll have to adjust your portfolio or refinance.

How much are you spending on maintaining your property?

If your property investment is costing you more money than you are actually making from it, it might be time to reconsider your situation.

What is the quality of your tenants?

Do your tenants look after your property? Do they pay rent on time? Do you have long-term tenants? They key to maximising the return of your investment property is to secure quality tenants for the entire year. If you can't get this, it may be time to consider changing property managers.

Are you sure that the structure of your mortgage is meeting your current and future needs?

Will it allow you to add to your investment property portfolio in due course? Does it minimise the interest you are paying?

For a free initial consultation and review of your property investment, call us on (07) 3252 3785.