Residential Investment Property

Now is the right time to buy an investment property. In fact, it is possible to find investment properties that are cash positive or cash neutral, that is, that you can buy now and the rental income from the property will pay for all of your interest expense and other outgoings. Not only can we help you to find such properties but we can help you to build a property portfolio that over time will pay for itself. That is, your portfolio will have properties which yield positive cash flows that will help pay for other properties in the portfolio that do not have a positive cash flow but that will have greater capital appreciation.

We also save you money by using our keen negotiating skills and knowledge of the market to buy at the right price. Those who are knowledgeable about real estate know that the number one most important factor about successful property investment is buying at the right price. If you overpay it will take years for you to recover since not only are you paying more than what the property is worth but if you finance the purchase you are also paying interest on the amount overpaid. Look at the example below:

Investor purchasing a two bedroom unit in Darlinghurst without the assistance of A1 Property Finders

Purchase Price $605,000
Market value $580,000
Interest Rate 5.2%
Interest expense at purchase price $31,460/yr
Interest expense at market value $30,160/yr

Not only has this property cost him $25,000 more than it was worth but he is now paying the bank interest on the difference. This means that each year he will be paying $1,300 more in interest than he otherwise should have and he will need more capital appreciation to occur over time to recover his money!!!

HOW DOES IT ALL WORK?

1. You tell us what you want

First you fill out our Property Finding Information Form [click here] and either print it and fax it to us on +61 2 9144-3724, or fill it out online, or even better, make an appointment to see us and we will help you fill in the details.

2. We call you to discuss your needs, answer any questions and, if necessary, arrange for a meeting

It is important that you feel completely comfortable about our services and how we will be able to assist you before you engage us. We want an open and honest relationship with our clients that is based on mutual trust and respect. We do not use hard sell tactics and if, after speaking with us, you decide that you are not interested in using our services we will respect those wishes.

3. If you decide to use our services

If you decide to engage us you then enter into a simple Buyer’s Agency Agreement and pay the engagement fee.

4. We conduct a comprehensive property search

Once we have been engaged, we conduct extensive searches and inspect many properties to determine if they satisfy your needs and desires. Often we might view between six to ten properties before we find one which satisfies your brief. This happens because many properties are nothing like how they are described and often even the photographs are exaggerations of the reality. With some properties it is possible to use our contacts in the industry and inspect them before they are advertised to the general public.

5. We keep you informed at all times

While we are conducting our research we contact you frequently to keep you informed about our progress.

6. We prepare a market appraisal and a comprehensive report

For each property we inspect that we believe is a good investment and matches your investment criteria we prepare a comprehensive report (including a market appraisal). The report analyses how each property rates against your investment criteria and gives pros and cons for each property.

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7. If you are in Australia and/or if you want to see the property you are buying before we commence negotiations we arrange for you to inspect the properties.

We make appointments with the selling agents to arrange inspections of the properties by you. For overseas or interstate clients who do not wish to personally inspect the properties if permitted by the seller’s agent, we take video footage and provide commentary.

8. We get you the best price.

If the property is for sale by private treaty we negotiate the best price on your behalf. Our experience in dealing with agents and our knowledge of the market is invaluable in this regard. If the property is for sale by auction we attend the auction and bid on your behalf. We never bid more than what you instruct us to bid based on our comprehensive report and market appraisal.

9. We put you in touch with competent qualified and reasonably priced solicitors or conveyancers and assist you in obtaining all searches and inspections that you need to make before you buy.

We have a list of solicitors and conveyancers whom we trust that we will recommend. We do not make any commission or fee for this recommendation and if we are offered any bulk savings in fees because of our numerous referrals we pass these savings straight on to our clients.

WHY SHOULD I USE  A1 PROPERTY FINDERS INSTEAD OF DOING IT MYSELF OR RELYING ON INFORMATION PROVIDED BY THE SELLING AGENT?

1. A selling agent cannot give you advice. Their job is to get the best price for their client, the seller, not for you.

The rules and regulations that apply to selling agents in New South Wales prevent them from helping you to the detriment of their client. In addition, because they only make money when the property is sold, and because their commission is based on a percentage of what the property sells for, let the buyer beware. It is not their job to point out the negatives.

2. Why risk hundreds of thousands for the sake of a small fee?

It is almost impossible to find a good investment property in Sydney and the surrounding suburbs for under $150,000. In fact, many people pay over $250,000 for their investment properties. It makes little sense not to seek professional advice and assistance when investing such a large amount of money. Investing in the wrong property could easily cost you thousands of dollars.

3. We will always act in your best interests and never suggest to you a property where we get a fee from the owner

As licensed real estate buyers' agents we are bound by rules, codes and regulations that prohibit us from being paid a fee by an owner to induce you to buy their property. As business people who value honesty and integrity, even if these laws were not in place, we would never act other than with your best interests at heart. Be assured that every property that we recommend to you is being recommended because we believe that it is a good property for you based on your criteria and not because we are being paid anything by anyone else to get you to buy it.

4. You know to get expert advice for other things, why not for your financial future?

For many people buying an investment property is their largest investment. Many also rely on this investment appreciating in value over time so that they can use the equity they accumulate for other things or perhaps even to help subsidise their retirement. Most people rely on professional help for many aspects of their lives. If they are sick they see a doctor, if they have complex financial affairs they see a tax accountant or a financial advisor. Why? Because they do not have the expertise in these fields. For the same reason most people do not have the expertise that is needed to know what a property is really worth and negotiate the best price for it. How can the skills a person has developed over perhaps only a few weeks of searching for properties compare with the skills of the Principal of A1 Property Finders who has been buying properties for over 23 years? The answer is that there is no comparison.