As a property investor, you wish to work with the most trustworthy and reliable people to help you build up your portfolio. With so many vested interests and mixed messages, who can you trust?
Who Do You Ask For Property Advice?
Given that purchasing an investment property is such a significant financial commitment, it can worth engaging some expert advice to help you make the best decision.
Many people will take a do-it-yourself approach to investment property research, buy and manage it themselves. However, there are professionals available to assist you through the process and to achieve the optimum outcome for your situation.
Let’s take a look at the different types of investment property advisors you might like to consider.
1. Investment Property Mentor/Strategist
It is essential to have property mentors and strategists. They can identify the blind spots, give you support and guidance. Also, help you analyse the situation from a new perspective and formulate a strategy that makes sense to you after considering your time frames, aspirations, current position, risk profile and budget.
Hence, it is critical to have a trusted and unbiased strategist or advisor when making a property investment decision.
On the same note, we reached out to Rick Nieuwenhoven, Chief Executive Officer at the Nieuvision Group & Professionals Modbury and asked his opinion on selecting a property advisor.
Recently, I have been asked to answer, and it is the excellent question is, “why should I trust you?”
My mother always told me, never trust somebody that says, “trust me,” it is an interesting one, isn’t it?
So, I will not stand here and go against my late mother’s orders and say, “you can trust me”, but what I am going to say is trust the process. And we have a lot of processes here in our company. We have a lot of key staff that have got many-many years of industry experience. Whether it is in the finance game, accounting, or real estate, the fundamental thing about everyone that works here for us is that we all are a part of the team.
And we all are here to help you, the client. We all have the enthusiasm to want to be part of your success and your dreams.
We are just lucky enough to have processes, procedures and programs to help you fulfil your financial dream through micro educational programs and consultation and dealing with you one on one and directly to achieve those results.
2. Buyer's Agent
Finding the right investment property in Adelaide can be incredibly stressful and time-consuming, but you can take the assistance of a buyer’s agent to take care of the leg work for you. It can include the required property market research, property inspection and negotiation. An ideal buyer’s agent works in your best interest, unlike a seller’s agent bound to win the best deal for the seller.
3. Property Managers
Some people prefer to self-manage their investment property to save funds. However, engaging a good property manager has many benefits. First, a property manager can vet quality tenants who are more likely to take care of the property and pay rent on time.
Second, you will be able to spend more of your spare time with your friends, family or on your leisure activities, instead of having to deal with tenants demands, such as maintenance issues.
4. Home Lending Specialist
A home lending specialist will give you a complete understanding of your borrowing capacity, financial position and any additional expense you need to plan for when purchasing an investment property.
Let’s have a chat over the phone or meet with you to work out the right property investment strategy and structure for you.
You can trust the team at Buy Investment Property Program to provide you with direction and results.