Before you invest...

Before you invest… think about the WHY!

If you’re looking to buy your first investment property, or add to your existing portfolio, it’s important to stop and think about the “WHY”… that is, what’s your motivation. This will help determine your options of suburbs and type of property you should be looking at.

Common motivations and what they mean:

Financial Freedom/Wealth Creation – this means creating income which is additional to your salary/work. In time, this can become your main source of earning, giving you the opportunity to spend your more independently.

Stability/Tangible Investment – unlike shares and some other types of investments, property is a tangible investment. This means it’s something physical that can be touched, which creates a belief of stability, adding to the attraction of property for an investor.

Lifestyle – this is when the property is purchased to improve your current lifestyle by increasing your asset base, but not to generate income. An example is purchasing a holiday house.

Tax Minimization – one of the most popular method of reducing tax is negative gearing created from the ownership of an investment property. This involves leveraging the loss from maintaining the property to offset your total income which results in lower payable tax.

Create a Legacy – when you are looking at property it’s not always just for personal gain, sometimes it can be a great way to create something that you are able to leave to family, friends or charity that will benefit them…this is called creating a legacy.

So, now’s the time to start planning – you’ll need to consider mortgage options, including your purchasing power, loan serviceability and how it all comes together to achieve your “WHY”.

Speak with our Investment Services team about your next steps today.

Share on social
Share on facebook
Share on linkedin
Share on email

Articles

Read the latest advice and news from the Leah Jay team. In our blog we cover regional news, investment advice, property tips and stories of our owners and tenants.

News

The Leah Jay Story

News

Most awarded in the industry

Landlords | Tenants | Owners

Helpful information when applying for a property with Leah Jay

Tenants

Sharing a rental property: Things to consider

Tenants

Tips for living in a shared house

Moving out of a rental property

What is rentvesting?

Buying your first investment property

Preparing your investment property for tenants

Why use a property manager?

News

The Leah Jay Story

News

Most awarded in the industry

Landlords | Tenants | Owners

Helpful information when applying for a property with Leah Jay

Tenants

Sharing a rental property: Things to consider

Tenants

Tips for living in a shared house

Moving out of a rental property

What is rentvesting?

Buying your first investment property

Preparing your investment property for tenants

Why use a property manager?

Needing an Appraisal?

To get the ball rolling complete the below fields and we will be in contact soon!

Appraisal Form
Best Contact Time

Get Started

Want to go further? Let’s get started. Tell us about yourself. We just need a few details…

Please note that all details collected will only be used by Leah Jay and not shared with any other organisation.