
Beyond buyer agent and buyer advocate
Your Melbourne property investment adviser
It is never easy to invest in the residential property market. There is a mountain of research and hard work to undertake to realise that goal. In particular, one needs to co-ordinate the process of selecting a quality asset with that of securing suitable lender funds.
Matters aren't helped by today's strong market conditions. Competition is fierce and demand is out-stripping supply.
In this one-hour webinar, Paul Nugent and Stuart Wemyss walked through tried-and-tested steps for success.
(If you are pressed for time, consider downloading our Six Step Guide to Investing.)
These include:
In the second half hour Paul and Stuart answered attendees questions.
Key moments
Issue covered | Time stamp (min:sec) |
Why Do People Fail to start Investing? | 2:10 |
Step 1- Finance | 3:38 |
Step 2- Asset Selection | 8:13 |
Step 3- Negotiation | 10:05 |
Step 4- Settlement | 13:30 |
Step 5- Property Management | 15:20 |
Step 6- Portfolio Review | 17:56 |
Questions answered
No. | Question | Time stamp (min:sec) |
1 | Has any advice you would have given investors 10 years ago changed? | 22:15 |
2 | In terms of structuring the transactions, what are the ‘watch out’s’ in the use of equity such as your own home? | 24:30 |
3 | How do you find a good property manager and how do you manage them? | 26:00 |
4 |
I’m 59 years of age, but no SMSF. I have been advised to set up a company to buy property with instead of SMSF and then a trust fund for that property, what do you say? It is supposed to be equally flexible and quicker and will isolate the property from litigation. |
28:15 |
5 | How do I go about ensuring highest possible valuation of my investment property? | 30:40 |
6 | Have the banks tightened up the laws on lending at all, if so how? | 32:23 |
7 | Please provide an opinion on Frankston market, will it take off? | 34:28 |
8 | How can I find a one stop strategist to help review my current investments, to maximise my potential and help me move forward? | 36:32 |
9 | Will you still see the same amount of growth over the next 10 years? | 39:50 |
10 | Regarding structuring of the loan, who do I approach or who is the key person to talk to? | 42:55 |
11 | How quickly would you drop a dud property? | 44:02 |
12 | Negative gearing it has been suggested should be scrapped, how would that effect the market? | 47:05 |
13 | Is it still feasible to invest in the Melbourne market and if so which suburbs? If there is an investment property available at $1m or two at $500k, should I buy one or two? | 50:23 |
14 | At which stage would you recommend a first time investor look to stop paying of a mortgage and invest in property? | 54:04 |
15 | How do you review the financial performance of the property without necessarily ordering an evaluation? | 55:25 |