Firstly, if you just want to go straight to current investment opportunities, please click here.
However, you may be wondering how to get into investment property? Essentially, there are 4 key components:
Equity means how much you have. To work this out, if you own your own home (which is an asset), deduct the amount of the mortgage from the value of your home. The result is your equity. For example, a $600,000 home with a $400,000 mortgage means there is $200,000 equity available.
Even if a property is cash-flow positive, the bank is going to want to see that you have enough income to service the mortgage. We think that's kinda stupid, but that's how it is.
Things to consider include: Will you get a new home or an old one or go for a land/build project? What are the pros and cons of each? Where do you want to buy? What can you afford? What about "rental yield"? Click the links for more info or read more here.
Oftentimes, an LTC is the best way to go. However, there are other factors to consider: Are you single or with a partner? If you have a partner, are you both in the same tax brackets? Do you have children? Do you have a trust or are you planning to set one up? What are your long-term goals? The answers to questions like these affect what sort of ownership structure we would recommend.
So... What Now?
If you've read about rental yield and the different types of investment property, it's time to contact us. Call 0800 890 132 or email firstname.lastname@example.org
09 973 0706 - Office
0800 890 132 - Toll Free
028 255 08279 - Fax