With so many different investment options available it is important to understand the advantages of choosing a wise property investment in the right area and with the right features. At DBA, we believe the answer is six-fold.
The goal of investing in property is to remain in the market long-term. It is important that the property investment is kept within the investor’s budgetary ability so that they can remain in the market and reap long-term capital growth. The good news is that you don’t have to be on a high income to start – many successful investors have an annual income of less than $85,000. So while you don’t have to be wealthy to invest in property, but you can become wealthy through wise property investment decisions.
The principal that successful property investors employ is compound capital growth. Put simply, this is achieved by leveraging other people’s money (such as the banks, tenants and tax benefits) to purchase property, with the aim to see capital growth that will fund further property acquisitions.
Knowing how to begin is key. We know that many people consider property investment but hesitate because they don’t have the time or the expertise to research the best property investment options and manage the investment process. That is why it is very important to build the right professional team around you to assist you throughout the whole process.
Your team of professionals will need to include people who have the skills to be able to:
This is where DBA can assist you. We have built up strong relationships with professionals that cover the breadth of these skills. We can also link you with the team members you need to make sure your investment process is successful. Most importantly these services are separate to DBA, which means you will be receiving independent advice in every step you take.