Teamwork That Delivers: The Power of Expert Guidance in First-Time Investing
Kate and Alex, first-time investors, reached out to Leah Jay Investment Services after learning about the support services offered to new property investors. They initially met with Pippa Rose, Lead Investment Services Manager.
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The Challenge
Alex, who has a strong passion for property, and Kate, who shares his enthusiasm, own a home in Mayfield. They initially wanted to buy an investment property in Mayfield but found themselves priced out of the market.
After several months of searching for the right property without success, they attended Leah Jay’s 30th-anniversary event. At the event, Pippa introduced them to a local Buyer’s Agent to see if this service could be advantageous for young property investors.
The Solution
This connection proved invaluable, as Kate and Alex finally found a property that met their needs. The property was a low-maintenance, cute cottage in good condition, featuring a renovated bathroom with two toilets, a renovated laundry, a nice outdoor deck area, and a relatively new kitchen. Over the past year, Pippa guided Kate and Alex through the entire process, ensuring they were well-prepared for success.
Kate and Alex commented, “Our Buyer’s Agent had great working relationships with the local sales agents and knew what strategy was required. At no point did he rush us or suggest that we go ahead with something we weren’t comfortable with. Plus, we had Pippa’s additional support and opinion for all short-listed properties, so we all worked as a team.”
“Kate and Alex were already very knowledgeable about property, and they’d clearly done a lot of homework before we met. Working with them over the past year has been a delight. I’ve thoroughly enjoyed watching them absorb all of the information that I’ve provided, discussions that we’ve had about types of properties to consider, suburbs, types of tenancies, how to maximise ROI whilst seeing good capital growth and helping put a great team around them to achieve what they now have.” – Pippa Rose, Lead Investment Services Manager.
Kate and Alex noted that “Pippa also suggested we approach the vendor to seek permission to advertise prior to settlement to reduce our days on market, which we did. The property achieved $700 per week for a three-bedroom, one bathroom property in Glendale, resulting in a 4.65% gross yield.”
“We look forward to continuing to educate Kate and Alex as they now navigate an investment property and a tenancy,” shared Pippa.
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Client Testimonial
Kate and Alex were highly satisfied with the support they received from Leah Jay Investment Services. They praised Pippa for her extensive knowledge of the local market, her connections with local property professionals, and her guidance throughout their investment journey. They also appreciated the smooth transition to the property manager following the purchase.
“Pippa from Leah Jay Investment Services has been great in helping us on our investment journey. She has great connections with local property professionals, extensive knowledge of the local market, and will guide you towards a good property. Following the purchase of the property, we had a smooth transition to the property manager, and we look forward to continuing working with Leah Jay.” – Kate and Alex.
Kate and Alex’s case study highlights the comprehensive support and expertise provided by Leah Jay Investment Services to first-time investors. By leveraging their connections, market knowledge, and personalised guidance, Leah Jay helps clients navigate the complexities of property investment and achieve their goals.
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