Refinance Opportunities
Srbinovski says Australia’s property investors are consistently top-of-mind when ubank makes decisions around product and policy enhancements. “We know the investor market is important in the Australian property landscape,” he says. “It’s up to us to really cater to them and give them the tools they need to thrive, whether it’s educating them about the landscape or providing competitive rates.” Fedder says Suncorp Bank has seen its investment loan portfolio grow by close to 5% over the last 12 months. “We’ve created new opportunities to fund these loans by delivering a simplified credit policy and reducing the volume of documentation that customers and brokers need to provide,” he says. “We’ve also been dedicated to providing consistent service and turnaround times, which we know are key in the current property investment market.” You may read the whole article here: http://bitly.ws/sor4 Call us now for 45 minutes one on one free financial consultation session. 1300 074 675 or message us on WhatsApp +61 488 859 637
Bitcoin: Why is the largest cryptocurrency crashing?
Bitcoin is trading at $21, 974 (£18,000). It’s fallen 25% in the past five days alone, to its lowest value in 18 months. Its peak of almost $70,000, in November. Experts say this is because of the wider global climate. It’s not just in the crypto world things are not looking good. Recession looms, inflation is soaring, interest rates are rising and living costs are biting. Stock markets are wobbling too, with the US S&P 500 now in a bear market (down 20% from its recent high). As a result, even the big investors are less free with their money. And many ordinary investors – not rich hedge-fund owners or corporations but people like you and me – have less to invest in anything, full stop. In order to stabilise it, people who still have Bitcoin would need to hold on to it and others would need to start buying it again. This has happened before. Crypto fans will tell you now is a great time to buy, because it’s cheap – and you then have to sit tight and watch it turn the corner. This is how it’s always worked. Call us now for 45 minutes one on one free financial consultation session. 1300 074 675 or message us on WhatsApp +61 488 859 637
How to Build a Multi-Million Dollar Property Portfolio?
If you are looking for a company that can show you: How to invest from as little as $50 per week without using any of your own time How to legally slash your tax bill and never pay the same amount of tax ever again How to pay off your family home in as little as 7-10 years How to protect yourself from rising interest rates and losing your job How to have your rent paid in full and on time, all the time How to create an extra $30,000-$40,000 per year (tax-free) whilst not changing anything you do right now then please read on where we show you our step-by-step system of creating wealth safely and securely, never having to worry about money again. What are your Goals and Dreams? The most important thing about creating wealth or financial security is to first clearly understand WHY you want to? Is it because you want more money, more time, more life, more choices? This is the first step on a journey that will change your life for the better, therefore, it’s important that both you and Simply Wealth Group have all this information clear and upfront so that we can hit the target we are aiming for. It’s all about YOU One of the main reasons to invest is to give YOU more life. It should make life easier, give you more choices, make you feel good about yourself, and help you to sleep easily at night. The idea is to not have an impact on your current lifestyle. This is where we show you how you’ll be able to afford to have a property investment plan working for you without affecting your weekly budget. Accredited Property Investment Selection & Acquisition At Simply Wealth Group, we only offer and recommend the best available property investment opportunities that exactly meet your needs and situation. We monitor the Australian property market daily. With a variety of quality investments available all over Australia, they must first meet our stringent selection criteria of long-term capital growth, strong rental demand, location and amenities, and of course be of high quality. Tailored Property Investment financial structures and strategies We will ensure you receive the best investment funding available. Our Specialist Investment arm will structure and tailor an investment funding package that will best meet your needs. We’ll identify and recommend which loan is the right one for you, working on your behalf to finalize all the details, saving you time and money. We will explain interest rates, application fees, exit fees, refinancing, short-term and long-term flexibility, and how to cleverly leverage equity and cash flow to your advantage (85% of seasoned investors are not aware of this) Expert Property Investment Legal Advice & Services We take the headache out of owning an investment property or adding to an existing portfolio with the right legal advice. Property investing is a specialized legal area, getting it wrong could seriously jeopardize your outcome. We have the best of the best legal experts when it comes to property investing. We show you how to protect your assets and wealth from day one so that your wealth always stays with you and your loved ones. How to legally reduce your Tax and never pay the same tax again We’ll help you through all the complexities and ever-changing taxation laws that are associated with property investing. This is why most investors do not maximize the tax returns available to them. Not all accountants are the same. Our property investment taxation specialists are experts in their field. They’ll provide the appropriate property investment tax advice and ongoing services with regard to your current and future tax position. Coordinating the settlement of your property Unfortunately, this is the one area that people pay very little attention to. It’s this one area that can actually make or break the experience you have when it comes to investing in property. Many take this process for granted and you as the client are always the one that pays the price of having to get involved and having their precious time wasted. We ensure that all parties are coordinated appropriately with minimal fuss and with very little involvement from you. The headache-free Construction Program At Simply Wealth Group, we’ve been proudly helping investors achieve their financial goals and dreams for over 10 years. The knowledge and commitment to quality we have gained over this time have enabled us to streamline the building process, resulting in a hassle-free and enjoyable building experience for you. Whether building one of our innovative home designs or choosing a boutique architecturally designed apartment, our dedicated and professional team has proven time and time again that by using only the best products and materials on the market and constructing homes on time and on budget, we are the market leaders in both quality and service. Keeping you in the know every step of the way We manage the entire project on your behalf so that it is built on time without any delays and therefore put money in your pocket (rent) as fast as possible. When you have constructed and project-managed thousands of properties as we have, you know how to deliver an experience to customers second to none. We update you fortnightly with a progress report. It’s like being on-site, from the comfort of your own lounge room. We work for you, NOT the builder When you buy a car, you want to ensure you are getting what you have paid for. When you go to collect the car, you want to check that the steering wheel comes with the car right? But what about the things you can’t see or don’t know about? At Simply Wealth Group, we ensure you are getting everything you signed up for – without ever compromising on quality. We know every little detail and step that goes into building a quality investment property. Tenant allocation without you lifting a finger We claim to have the
6 things to look out for before investing in a property
“Don’t wait to buy real estate, buy real estate and wait” — Will Rogers. There is no doubt to say that real estate is a profitable investment. But can we simply jump into it without understanding the right strategy? First, search for the expected queries that come to your mind. It may include: What time should be suitable and what does the trending real estate market say? Spare time to sort out these queries and then move to the property buying process. Once you are sure about it, the next step is the awareness of investing in real estate. The property offers high profit but it does not make a promise of it. It depends on the location and current market situation. In this blog, we will help you to ensure your investment proves worth it. Read below to clarify it further. 1. Capital growth Capital growth in an investment is a slightly different term from capital growth in real estate. It states: “It is an increment in the value of an asset over a while”. So, this appreciation over the price of property changes with the time. You should see the growth trends of the market to figure out how much the property would give you after 5 years (or advancing years). You can use property search tools to invest in capital growth areas. It gives you an idea about past sales, trends in the market, nearby amenities, and lease prices. 2. Rental yield Another option to invest in real estate is rental income. It is quite ideal for investors who want monthly income streams. For this, you need to look for strong rental demand yield areas. Rental yield is a figure of how a property is beneficial to you on a monthly basis. It can be calculated by balancing the monthly income from the rent and the cost of buying the property. When you buy a property, you pay for the mortgage fees, maintenance, and insurance. So, you have to select a way that covers these costs. Consider an example to comprehend the calculation of gross rental yield. If a property worth $500,000 with a rent of weekly $400, the gross yield would be: $400*52= $20,800 $20,800/$500,000= 4.16% To calculate the net rental yield, consider the same example. We’ll take annual expenses as $4000. Annual rent –annual expense -$20,800-$4,000 = $16,800 $16,800/$500,000=3.36% Note: The good rental yield should be 3-5%. 3. Location of the property Location! Location! Location! It is the backbone of a property. If only the location is good, trust me, you can win the game. You can come up with the right location when you place yourself in the position of the client. Easy access to public transportation, facilities including schools, gyms, hospitals, and others plays an important role. Also, locations with nearby shopping malls, coffee shops, restaurants are attractions for the buyers. A safe and peaceful environment should be the core interest and no risk are allowed. Some areas are under development, but it doesn’t say they will continue to do so. Undergoing development properties are quite affordable and they can pay off in the coming years. You need to be wise enough to figure out what goes best for you! 4. Type of property You will buy what is pocket-friendly and suitable for you. But the type of the property is as important as the location. Let’s brief this statement Wide rooms and kitchen might be appealing for a 5-member family, but it does not fit the apartment needs. Likewise, a fully furnished house is good for someone who plans to stay for short terms but not for someone who’ll shift after 4 years. It is crucial to understand the demographics of the area and then decide accordingly. Buying a property for investment seems costly if you are expecting immediate earnings. On the contrary, leasing a house costs other annual expenses to be paid by you. These are the examples that clarify the above statement. Buying the property can be a worth or a curse too (depending on how intelligent you are). 5. Age of the property It is another important factor because it goes straight on your budget. As an investor in real estate, you have to pay other ongoing expenses. So, you should not take the wrong property that drains your time and money. Older properties require big renovations, but it depends on their condition. Do a complete check of the structures and fittings of the house. Try to get professional houses with complete pest inspection before the final deal. You can go with the minor renovations but the bigger one is not good for your investment. The depreciation schedule is also a factor in an old property. It says that the value of the property and other goods like carpet will decrease over time. After it, you need to claim tax deductions. 6. Features of the property Though you would not be living in an investment property, think like the buyer or a tenant. By doing it, you’ll think about the things those potential buyers or renters look for. Amenities like 2 bedrooms with attached bathrooms and a big garage sounds good for rent. The overall design of the property is also a worth-seeing thing. Think of the questions like “Does it include everyday life necessities”? “Does it have natural and subtle lights”? All the above-mentioned factors are interlinked with each other and not a single among them can be skipped. Good thing is that the experts at Simply Wealth Group can navigate you through the ins and outs of property investment safely and securely. If you are a first-time investor looking to enter the market sooner, team Simply Wealth can help you get educated and assist you with tailored strategies to kickstart your journey to wealth creation. Email us at mail@simplywealthgroup.com.au or give us a call at 1300 074 675.
