Invest in Property for less than $5 per day.
We are constantly reading about ‘Property Bubbles” and Unaffordable Property and how it is impossible for young people in particular afford to jump on the property ladder.
It sounds like we have a media blitz on property not being affordable and so many being locked out of being property owners. There is a lot of truth in these reports. We can’t deny that the median price of property in Sydney is in excess of $900,000, (although I really doubt that it is over $1 million!), and it is very difficult for first time buyers to buy into this market. However, there are very affordable options elsewhere for those you can’t afford their own home as owner/occupiers to enter the property market as property investors with their own investment property.
In March of 2016, we saw all of our new clients who purchase a brand new property in March, with a net weekly outgoing cost costing of less than $5 per day. In most instances, these property investors actually had a positive cash flow after tax; in other words, after negative gearing, they were better off after buying the property than they were before they bought it!
Clients and all potential property investors must understand that good investing is based on numbers. Understanding financial goals, having the right finance structure in place, working on an investment property strategy on where to invest and what investment property to buy, making sure there is a balanced cash flow and buffers in place for any eventually, all leading to secure and stable property investment.
In many cases, after you have spoken to Lime Property Solutions, you will have a full understanding of the numbers and investing in property for less than the cost of a cup of coffee per day really becomes a no brainer! Maybe you should look at our related article on “What is negative gearing” on this web site to see how a cash flow on a good investment property can work for you.
If you are one of the many who has been convinced that real estate is now unaffordable then these facts and figures (understanding the numbers) should make you think again. …
