How to Get Started?
This first step is often the hardest
Buying an investment property – regardless of whether it is your first investment property or you are growing your investment property portfolio – is a big decision. We take our role in this process very seriously and always work with our clients’ best interest in mind. Realm Homes is 100% independent and will always remain so. Our team identifies high growth areas through detailed research, we then hand select the right developer and builder to deliver the right property that meets your individual investment criteria.
01 Assess Your Situation
Working with your dedicated investment manager, we will assess your current situation.
Understanding what your future property investment goals are whilst identifying any potential roadblocks along the way is an essential first step.
The assessment focuses on the following key areas which provides an Investor Summary. The Investor Summary enables us to agree on a strategy that’s right for YOU:
02 Property Acquisition Strategy
Our strategy focuses on four key areas to maximise returns whilst minimising risk.
03 Property Snapshot Presentation
We work with a team of highly regarded researchers with a simple brief of finding the next high growth property corridor.
The research is specifically designed to identify emerging high growth corridors which are suitable for residential development.
We believe in letting the numbers do the talking. A detailed analysis of the fundamental growth drivers for the recommended area will provide valuable market insights including:
04 Property Acquisition
The secret behind a successful investment property is a good team.
Even though it will be your investment and you will be making all the decisions, it is imperative that you surround yourself with informed and educated professionals that can guide you on how to ensure your investment performs to the best of its ability.
Surround yourself with informed and educated professionals.
Partner up with an experienced solicitor that you know understands single and two part property contracts. A solicitor will help you to understand your contracts as well as protecting you and your investment in case there are any shortcomings in the contract.
Choosing a qualified expert finance strategist will provide you with independent advice and access to a broad range of lenders. This will ensure you not only get the best available interest rate, but you also have the right finance structure to suit your needs.
Once your investment property is ready to go, it is essential to have a trusted property manager on hand to handle the logistics of marketing and renting the property as soon as the property settles to ensure tenants are secured quickly.
Appoint a qualified building inspector to inspect the property prior to handover to check for any defects, confirm inclusions and provide a detailed written report including photographs.
You’ve made the decision to buy, now make sure you protect your investment with an appropriate Building Insurance and Landlords Protection Insurance.
The Next Step
Once all of these steps have been completed and you are comfortable with proceeding, there’s only one thing left to do – complete the property acquisition to get your investment property working for you.
05 Review and Manage
Bi-annual property and portfolio review
We don’t stop working for you once your property has settled
Twice a year, we review your property’s performance and help you plan the next phase of your portfolio.
The key areas we focus on to maximise the properties performance are:
Is your property currently financed at the most competitive interest rate and terms? Is the finance structured correctly for your current situation?
A detailed review of the properties monthly and annual statements can provide great insight into a properties current cash flow and reveal any opportunities to optimise future performance.
Capital Growth – Equity
How is the property performing in terms of capital growth? What is the market doing in the area currently?
An educated and informed accountant will be able to maximise your cash flow, manage your tax requirements and keep your investment as headache free as possible whilst ensuring that you are compliant with current Australian Tax Office legislation.
Engage the services of a qualified Quantity Surveyor to provide a Depreciation Schedule prior to completion of the first years tax return.