INVESTMENT BUYERS

It's no big secret that Australians love investing in property, and there is no better way to do it than to have a professional working with you side by side.

Other professionals understand the power of leverage and this is the main reason why financial planners work closely with us when looking for investment properties that stack up for their clients. They also know that by using our services they automatically reduce the risk.

Just ask a Mortgage Broker how many pre-approvals for investors lapse and have to be re applied for because the investor has not bought a property. We see this all the time and is one noticeable area where property investors fail. They don't buy because they don't have the confidence to say 'YES" and they don't have the confidence because thy don't have the right research, they don't have the right local knowledge, they don't have the time, or more often than not they lack the confidence and experience to negotiate with real estate agents.

Let Prestige Property Finders hold your hand though the entire process, as your investment property Buyers Agent, providing you with the most up-to-date local market knowledge, detailed 'Property & Market Research Reports' and the confidence to build a strong investment portfolio.

In the initial consultation, we will develop your detailed requirements, your goals, discuss varied strategic options, and arrive at a plan designed to maximize your investment dollars.

10 Most common mistakes property investors make

1. Don't by a property close to where you live because you think the only way to manage it is if you can see and touch it. Buy where you will get the best yield and growth.

2. Don't buy a property that you think you may live in one day. Your requirements for a home will not necessarily make a good investment.

3. Unless you friends and family buy property every day all year round, don't listen to them. Rather seek independent professional advice first.

4. Don't buy a property to 'FLIP', which is to sell in the short term for a large profit. Property investment is a long-term solution focused on improving your wealth at retirement.

5. If you are going to buy an older property, do your due diligence to make sure it is not going cause you financial hardship through constant unexpected maintenance costs.

6. Make sure you are getting the best home loan tailored to your investment. Having the wrong loan can affect your cash flow and exit fees are still quite costly. If you are not sure what to go for let us help you find the right loan.

7. Check with council for approved building applications to assess the possibility of an over supply of homes or units in the area you are looking to invest in. This can affect rents and capital growth negatively.

8. Don't try and manage the property yourself. In the long term it will actually cost you a lot more money, time and lots of aggravation. As part of our service we assist all buyers in finding the best managing agent for the property.

9. Location, Location and yes once again location. Even in a great suburb there are pockets of areas that are not suitable for tenants. Use a professional to find the best location for your investment property. One that has researched the area and has a great local knowledge.

10. Never under estimate all the likely expenses that you will incur, whether it is a free standing house or a unit. In most cases over estimate possible maintenance etc to be conservatively comfortable with the figures.

Don't let these common — and expensive — pitfalls effect your future. With Prestige Property Finders holding your hand, you can have the confidence that your time and money will be well invested.

And because we are experts at identifying upside and the potential to add value through our in-house architect, our clients have gained the best investment value for their dollar.