The People You Need On Your Property Investment Team
Whether you’re a first-time investor or looking to build your property portfolio, you want to consult and surround yourself with professionals in the industry who can help you achieve your investment goals. These are the key advisers you want supporting you along the way.
Mortgage brokers
These people will advise you in understanding the structure of interest rates and establishment costs. They can provide a detailed cash flow modelling for you.
Buyer’s agent
They will guide in you finding the best assets in investment-grade suburbs, which will help in meeting your passive income goals.
Financial planners
Build a short- and long-term strategy with your financial planner. They’re also responsible for your superannuation or SMSF returns and assist with cash flow modelling.
Accountants
They will oversee tax deductions you are entitled to and will go over tax planning with you. Like your financial planners and mortgage brokers, they can also aid cash flow modelling.
Conveyancers/solicitors
Legal matters are their speciality, such as the review of contracts and the settlement of purchases.
Property managers
They will market your property and ensure they find the tenant best suited to your property. They will also handle maintenance issues, conduct inspections, maintain records and other management tasks that will save you time and stress.