Facts & Figures
We understand that facts and figures are not everyone’s cup of tea. It’s a lot more fun to look at a new house or unit and imagine owning it. But remember, investments only exist to improve our financial position and so the numbers must be seriously considered, however daunting. In fact, understanding what the return on your investment will be, is far more important than the colour of the carpet or size of the ensuite.
There are many ways of calculating the likely return on a property, but so many are presented by agents who have a lot to gain out of exaggerating the figures. Potential future growth and income are always based on assumptions and you must take particular care about what figures are used in your projections. In particular, the tax rate used is often inflated compared to your personal tax rate.
At Investment Property HQ we plan to work with our clients for many years to come. We know that one property will not make you wealthy so you need to take a long-term view, because one day you might own five properties. Yes, we sell properties and we want you to come back and buy more properties from us – it’s the way we prefer to operate and the reason you always come first.
That’s why we prepare realistic figures based on conservative assumptions of growth and income. We include all the costs – even the ones no one else tells you about. Things like transfer fees, title registry fees, loan costs and mortgage registration which are often a mystery to buyers and can be an unwanted surprise on settlement day. We ensure you understand all the facts before you make such an important decision. This is what sets us apart. You will actually have a property expert as your personal coach to guide through the entire process. Someone you can trust to be open, honest and on your side. We pride ourselves on our reputation and fully appreciate that this is our most valuable business asset.
Get all the facts and make an informed decision. It’s all part of our service and why your Property Success Masterplan is so valuable – yet free.
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