Kick starting your investment portfolio takes just one step – one property – but getting to that point can be tricky for first time investors. For our new client Jason, this property kicks off his investment journey and he has now taken the first steps towards a financially independent future.
Jason was referred to us by a close friend and business colleague who has had several dealings with our business – easily the best compliment one can receive!
First time investors often approach us with a whole range of concerns, lists, priorities, things that they believe to be important considerations in making the decision about where to buy, and which property to buy. We like to believe that one of the best decisions our clients make is the decision to appoint an expert to guide them through the process and help them ultimately make an astute investment decision.
For Jason, we believe this represents a great first investment property, close to the CBD and major employment nodes of this particular location. Whilst possibly not the ‘prettiest’ property we have purchased, this large 4-bedroom home is low maintenance, structurally sound and affordable. After extensive negotiations by our Buyers Agent Euan Rose, we were able to secure this property on Jason’s behalf for only $425,000.
An independent rental appraisal provided indicated this property would rent for $440 per week. Add to the equation a renowned, high performing local property manager appointed to look after the ongoing day to day possible issues that might arise and this is the ideal property for an investor who is just starting on his journey.
A property to “set and forget”, this one will just tick away as a solid performer and is an ideal starter property for our client to learn the ropes on.
Congratulations again from the entire PROPERTYOLOGY team Jason. We have enjoyed working with you and helping you get your investment journey underway. We look forward to having the opportunity to work with you again soon.