Choosing the right Industry Professionals

When a homeowner, spec builder or developer engages a real estate agent, that agent is the sellers representative in the market for that property and is legally responsible to the seller to gain the best possible sale outcome. Local real estate agents and display home consultants generally have access to a range of stock limited to within their local community or franchise area.

A buyer’s agent acts for the buyer to source a qualified selection of properties that fit the buyers needs and represent the buyer during the entire purchasing process including negotiating the best possible terms and conditions from the seller leading to settlement. Buyer’s agents work closely with developers and stock wholesalers to source property under commerical terms not offered to retail buyers.

They may include:

  1. Licensed investment property advisor
  2. Licensed finance broker
  3. Solicitor 
  4. Insurance provider
  5. Property leasing manager
  6. Quantity surveyor
  7. Accountant 
  8. If you are investing via your self managed superannuation fund you will also need a financial planner for specialist SMSF advice

If you plan to conduct your own due diligence you will need to project manage the outsourced providers and coordinate their services in a manner so there are no gaps in the delivery chain. Those gaps will cost you time and money at the very least

Finding an Investment Property

In selecting an investment property it is critical that you follow a strict due diligence process to ensure an effective investment strategy. Condensed from our detailed checklist, investigations must include research into the following:

  1. Location - look at where people want to rent 
  2. Value for money - buy at current market value or less
  3. Infrastructure - investigate current and planned infrastructure
  4. Rental return - minimum of a 4% yield, perferably higher
  5. Design and finishes - design and finishes must meet tenant demand
  6. Quality and integrity of developer - investigate past projects and delivery risk
  7. Correct legal structure - waht suits you, your family and your tax position
  8. Finance - consider all the terms and conditions as a whole

Successful property investing requires that you understand all these factors and how they combine to make your property a valuable investment

 

Off the Plan vs Completed Property vs Custom Built Property

Property investment is generally across three sectors:

  1. Traditional house and land packages (custom or completed)
  2. Apartments (taller buildings with lifts)
  3. Townhouses (low rise buildings including a courtyard) 

Additionally these may be:

Investors who enter into a contract to purchase a property before it is completed are buying “off the plan” and will select their property from the builder or developer’s floor plans.

Considerations for an off the plan purchase:

Considerations for a completed property:

Considerations for a custom built property:

In all cases when a property is brand new the depreciation is maximised on the internal fixtures and fittings and the building costs. Your quantity surveyor will prepare a report required by your account prior to preparing your tax returns. Many developers will provide these reports in advance so a more accurate forecast of the real cost after depreciation and tax can be assessed during the pre-finance phase.

If you are buying an older or established property your maintenance budget will be higher and your deductions will be less as compared to the same property new

Custom design homes & turn key investment packages are the cornerstone of Green Earth Homes business

It is rare for individual investors to personally hold all the skills required and also have the time to perform these tasks at a professional level. We take the effort and confusion out of building your future wealth via residential property investment. We provide a full range of services from research, due diligence, negotiation, and acquisition of the property through to the cash-flow analyses, tax considerations, funding and leasing plus the ongoing tenant management. We have an established and proven expertise in the management of a wide range of investment property transactions, this is what we do, all day, every day. This service has a particular appeal to private clients and professional investors who:

The acquisition is just the start of your journey, not securing or finding new tenants is one of your biggest risks moving forward. Our relationship with you is ongoing as your property managers. Green Earth Homes will safely guide you to your goals of wealth creation through property investment. We will successfully manage the process with due regard to financial risk management and timely performance, which has proven cost and time benefits. We have developed our own finance structures for funding in conjunction with experienced Financial Planners and Mortgage Brokers; provision of these safe and reliable structures are available during the due diligence process as part of our service. Our processes simply requires the borrower to be available for a call with our fully licensed and qualified advisors after which we will produce an executive summary containing the relevant information for an initial recommendation as to your borrowing capacity followed by an investment location.

 

Why Green Earth Homes?

Green Earth Homes is focused on delivering the highest service to our clients throughout the entire property investment process. Research and experience form the basis of the recommendations made by Green Earth Homes in relation to rising growth markets and identification of valuable purchasing opportunities. We act for you.

We work closely with leading property developers in a variety of locations and have access to the finest selection of land within master planned communities, often before they are made available to the public. We also conduct ongoing due diligence on a diligence on all existing projects against our strict benchmarks.

Each approved location has undergone an extensive due diligence process considering such criteria as high growth areas, current market value and high rental return among others which collectively set the benchmarks for Green Earth Homes to recommend property to both our direct clients and the clients of our business partners.

At Green Earth Homes we understand that every person’s property investment objectives and experience differ. Many clients have just discovered wealth creation and others already enjoy the benefits of large portfolios built up over a number of years with us. Green Earth Homes, along with our financial specialists will analyse your current situation and combine this knowledge with our interpretation of the current market data to assist you in your investment strategies.

Green Earth Homes prides itself on having a wide range of quality properties at affordability levels to suit the individual requirements for each client to choose from. We’ve assisted a large number of people from different backgrounds realise their property investment potential and we’ll support you to do the same.

We do not receive a commission from the property vendor or the funder; we are a builder not a sales agent. All our advisory work is provided without obligation to qualified investors. To be qualified, we simply need to establish that you have a suitable financial capacity and desire to invest in property. This is an easy process we can work on together.

For more information please contact us on 07 5476 6468 or at info@greenearthhomes.com.au