Many people in Australia either already own real estate or are looking to delve into the market. Whilst many people have the intention of purchasing real estate, only a small percentage of them actually follow through by taking action on their goals and objectives.
The main reason for this is that most people do not know where to begin. Other reasons are that they don’t actually know what they can afford, what the ongoing costs would be of holding such an investment or even when to begin investing. To put it bluntly, they have no plan.
Before we connect our clients with our staff who specialise in property purchase, the first step is to actually work on a plan and see where property fits with their circumstances. Because we care about providing effective and tailored advice, we must first assess the best way for the client to enter the property market and what other elements should be discussed and in place beforehand.
In the meantime, it makes sense to build up knowledge in relation to property investment so here is a link to some information on investing in property as provided by the federal government via it’s Moneysmart website: https://www.moneysmart.gov.au/investing/property