SEARCHING FOR QUEENSLAND PROPERTY INVESTMENTS

Where is the best suburb to buy a property?

Many people choose their own backyard. The more experienced and those wishing to create a broader portfolio will research further away, in other towns and suburbs, and seek to apply different strategies and techniques to their property investment.

Why do you want to buy a residential or investment property? If you do not have a clear idea why you want to buy property, then any other consideration is best to be put aside until you understand your intentions.

It is about your reaching a decision on a property to actually buy that meets all, or most, of your research criteria. We suggest having a clear decision about “why?” being the better starting point.

Is it for a family home or as an investment? Are those two questions really different sides of the same coin? Having a buyer’s agent on your side, whichever is your reason, can possibly save you thousands. That’s in real dollar terms, or in time, that you can save.

There are logical suburb characteristics which a savvy investor will look for. Such criteria as gentrification activity beginning, adjacent to a high growth suburb, off the flood plain, between major transport corridors, are all reasonable criteria. Large blocks, approvals for Unit or townhouse developments, changes to zoning being approved, infill development applications being encouraged, etc are all additional factors to consider.

However, if you want to buy a property for investment purposes, can you afford negative gearing strategies? Can you afford big renovation strategies? Can you afford after tax money from your own pocket each week, month, and year? Do the numbers stack up on a particular property? If they don’t, why would you buy it?

Buy and never sell strategies, using capital growth and equity gains to refinance and acquire more properties (or live off, which some suggest!) can have higher risk. Having a range of strategies, applying them in different stages of the market cycle, and having all the assets properly protected is the best strategy.

If your needs are not fully considered you may find difficulties in moving forward. Your short, medium and long term needs must be considered in buying an investment property!

If you don’t consider these, or aren’t sure about it all, who will? FBP and Associates can work with you to secure investment properties that can actually put money into your bank account each week, month and year! Register

How do I know what is a good property to buy?

Obvious reasons will emerge. Is it close to transport, shops, and schools? Does it have serious structural problems, white ants, rising damp or broken windows? The difference of one street further away can make 30% to 40 % difference in the long-term value of any property. The north side of the main road, rather than the south side, can mean a big difference in future capital growth.

Experience is one of the biggest criteria for buying property. We recommend, and involve you in the property inspection aspects of home buying or investment research. Going out, into the market place and inspecting properties is the only way to gain the experience and feel of the market. What is a good property? Compared to what other property, market, niche, purpose, etc, is this property better than that one?

We have put over 20 property deals together, directly, in the last 24 months. We have also consulted or advised on dozen’s of other properties, contracts, and client’s needs in the same period. We have interviewed, worked with and assisted over a hundred clients also. FBP and Associates have experience which you can leverage, and use to your benefit, as a buyers agent, a financier, developer, advisor, or JV partner. FBP and Associates is your market advantage!

How do people work out how much a property is going to cost to buy?

Most real estate agents, internet property listings and bank web sites have a calculator link on their site or with each display property. No two seem to be the same, and a different answer may be offered for the same numbers on a house. They give an indicative result only.

You need to access and use a fairly complex array of criteria to assess more closely the real costs of buying a property. Of course, it does depend on each person’s particular set of circumstances, and the buying purpose for the property. The results may still be indicative, just more accurately so, and better targeted to you particular needs.

How diligent you are about assessing the property, before you even put an offer to buy it to the real estate agent, can significantly influence the real costs of purchase. The numbers must stack up, short term and long term! With the experience and systems you can generally be much closer to the real costs estimations before you find yourself locked into a contract you believed you could afford, but later discover you couldn’t.

FBP and Associates has positioning within the industry, and are often able to gain significant reductions in some costs. Of course, state taxes and local government fees are not subject to any reductions for anybody, usually.

As a buyer’s agent, using FBP and Associate’s skill and experience to do the diligence for you, you are assured of probably saving thousands, and adding great value in acquiring a property.

What does it cost an Associate investing in property?

How much could it cost you if you do otherwise? You will want to consistently buy property at significant reductions to listed or even real market prices. You will want to have qualified and experienced Associates who work for one purpose on every property acquisition – to save Associates money.

The short answer is that it could cost you tens of thousands if you don’t utilise FBP and Associates! FBP and Associates watch for simple measures of property values, market forces at work, and use that knowledge for our client’s benefit.

FBP and Associates run our business in a very efficient and business oriented manner, and we’re very, very successful. Register

As an Associates group we have been in the game for many, many years, across many cycles of the market, and in many different market locations. The experience and years of trading, acquiring and working with property means all that expertise is focused on the one property you might want to buy. Having such a committed team is totally to your advantage.

Will interest rates rise again?

Yes! And they will fall! And they will stabilise for a few years as well!

The interest rate applicable to property ownership and investment finance is usually within a range that moves with the general interest rate fluctuations. What rate you can borrow money at now, for investment or home ownership purposes, is not the rate we may be able to obtain for you – even from the same bank or lender! You need a network within the mortgage brokerage industry finding the best possible loan funds for you, tailored to your immediate and future needs.

The interest rate applicable to a residential home mortgage is a major consideration. Without taking into account the possibility of a rate increase, say factoring in an extra 1% to 1.5%, rate rises can be catastrophic for homeowners and investors alike. That is why working with FBP and Associates to secure your financial future is so important.

Interest rate movement predictions, and the Governor of the Reserve Bank announcements, are, however, such misinterpreted pieces of information for property investment and home ownership. Journalists make their living reporting on them. Saying the same as other journalists, even if worded differently, doesn’t make for good copy! You know what you are doing, you have a committed team on your side as a buyer’s agent, and you make your money acquiring a property, not selling it! The cost of holding the property until you sell can be tax deductible, and so can many of the associated costs of acquiring, maintaining and even selling it! It just happens that when you sell a property, transfer the ownership to someone else, generally that is when your profit is deposited to your bank! However, you can also structure it so that money is deposited in your account each week!

The interest rate you have paid while a property was in your control is a cost of doing the business. The market capitalisation of property assets is what needs to be focused on. The capital gain which can be maximized, sometimes over a very short period, and the potential for weekly income from investment property into your bank account.

FBP and Associates don’t advise many property investment strategies, opportunities, or home ownership for that matter, where you are going to loose money in the short to medium term. That would be nuts!

How does the new SEQ Regional Plan affect the prospects of property investment returns in South East Queensland?

Wonderfully!

What if the government changes the depreciation allowances on investment property?

If the government change the rules, then the government change the rules. Sometimes they seem to be elected because they say they are going to change this or that rule. Other times… well it seems they just change them because it seems like a good idea at the time!

Remember! If nothing changes with you, nothing changes for you! Owning your own home or investing in property can be very profitable. It also has risks; risks than can be managed and minimized. That is what FBP and Associates do.

Around the world, the particular government treats real estate property investment differently. Guess what. People still make money and become wealthy from investing in, controlling and owning real estate property in every country in the world!

You want to! How do you see your future from tomorrow?

Register as an Associate and then we can begin to secure your new future!