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- What does a mortgage broker do and 8 reasons why you should use one
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- A softer outlook for 2015 but investment property still hot
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- RBA holds interest rates steady at 1.5%pa
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- No change in interest rates
- Official Interest Rates Steady at 1.5%
- RBA sees out 2017 with no Change to Official Interest Rates
- New year same official interest rates
- Steady as she goes – interest rates remain at 1.50%
- Steady, steady – Interest Rates remain at 1.50%.
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- How does the 2018 Federal Budget affect you and your family?
- Interest Rates again to remain on hold again at 1.5%
- RBA Interest Rates remain at 1.5%pa
- No change as RBA holds ground on interest rates
- Official interest rates remain on hold
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- RBA Announcement as Expected – interest rates remain at 1.50%
- RBA signs off 2018 with no change to Interest Rates
- Royal Commission yet to affect Interest Rates
- Reserve Bank – no move on Interest Rates
- Mortgage Interest Rates – No Change
- No Change to Official Interest Rates
- Home Loan – Get it Right the First Time
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- RBA leaves Interest Rates on hold
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Gold Coast Mortgage Brokers
Gold Coast Mortgage Brokers. Assisting clients throughout the entire Gold Coast region.
Ocean Home Loans
Date: 28th March 2017
7 Steps to Purchasing an Investment Property
If you’re interested in purchasing an investment property, it can be hard to know where to start. Here are seven tips to help get the ball rolling:
Make a plan and stick to it
The property itself isn’t the end goal, you’re likely looking to make a profit. Once you know your end goal, create a plan for a realistic time-frame. Remember to review this plan regularly as your situation and the property market changes.
Research the investment property market
Do your research to see what types of properties are easily attracting tenants and what properties are staying on the market for longer periods of time. This will help you choose the right property to purchase.
Pick your location carefully
Location is critical to performance. Consider the proximity of the investment property to the CBD, schools and local shops. It’s also a good idea to find out what the public transport options are.
Know your budget
Always check your financials before deciding to purchase a property. Get pre-approval and make sure you have all extra costs available, including conveyancing, inspections and any taxes.
Think about how you purchase the property
When setting up the sale contract for your investment property purchase, consider whose name to put the house under. Whether it’s in your own name, through your super or a family trust, it’s important to understand how this investment affects any existing assets.
Think about what tenants are looking for
Look for properties that offer that little something extra, like a second bathroom or a lock-up garage – anything that might appeal to potential tenants looking for a home of their own.
Ask for expert advice
Your mortgage broker can put you in touch with accountants, real estate agents, lawyers and valuers – experts that can help guide you in your decision making.
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0755931420
Fax:
0755931460
Address:
Port Jackson Boulevard
Robina, 4226
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