Contrary to belief, you don’t have to be wealthy to invest, but how should you go about in getting started with Property Investment?
Previously, we talked about the pitfalls of DIY Property Investment and why conflicting advice and opinions from dinner parties might not be the best way to get started. So how should you go about seeking professional advice? How do you choose the right property investment advisor?
Here are 3 key points to look out for:
1, Experience & Knowledge
Many property advisors will boast about their qualifications and so-called professionalism, but are they truly experienced and knowledgeable about the market? Do they have proven results from their own property investments? Good advisors will demonstrate that they themselves are experienced investors with their own portfolio, and help you invest as if it was their own property investments.
2, Realistic Advice & Explanations
Does your advisor over-promise? Or throw around confusing jargon? Many new investors want to take shortcuts or ‘get rich quick’, however, a good advisor will provide you with realistic advice and options, as well as recommending strategies to identify the best opportunities in the market. However, even the best advisors are not ‘fortune tellers’ so be aware of those who claim to know everything or promise extraordinary high returns. A good advisor will also clearly explain the processes and answer your questions without using jargon or side-tracking.
3, Long-Term Direction
Is your advisor only interested in buying investment property without any plans for the long term? Good advisors should cover more than just getting you home. They should start by discussing your needs, and focus on achieving long term financial goals based on your current financial situation. Good advisors will recommend investments that best suit your budget and maximise the use of your funds in the long run. They should also meet with you regularly to assess performance and provide insights into the direction of achieving your future financial goals.
A good advisor can be the ‘make or break’ of your property investment journey and it is important to choose carefully. That’s why Invest Hibbards is here to help. Our team of experts are not only highly experienced and knowledgeable with proven strategies and results, but we are also passionate about you and your long-term financial goals. We want to help you achieve financial freedom, set up your future goals, and walk the journey with you.
Our Easy Process is designed to save you time, energy and money. Get started with Invest Hibbards 14 Days Insights Program which will cover:
- snapshot assessment
- 2 x coaching calls
- personal needs analysis (including tax affordability assessment, property identification and rent appraisal)
- prepare and assist finance test drive PLUS
- quantity surveyors report
- tax variation
This is a great opportunity for you to understand where you are today, where you want to be, and to have a plan to get there.
Get in touch to find out more today: firstname.lastname@example.org or CALL 0428 665 259