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Property is stable: Property prices go up over time at a steady pace, so if property values drop, they generally bounce back in time. It is less volatile than other forms of investment and this gives it a greater sense of stability. It also means that it is easier to predict and forecast what is going to be happening, although making decisions on predictions alone is never a good idea!
Property is relatively simple to understand: Property is a pretty simple concept to understand, and the language around property is used in everyday life. There is not much in the way of jargon, and the process of making a decision in whether to buy or sell is relatively easy. Technically speaking, there are limited products available to buy and sell: a House; an apartment; a townhouse; land – that’s pretty much about it! This simple to understand terminology and easy to recognize “product range”, means that even the average person can understand what is involved in property investing in a relatively quick period of time, without having to get an MBA or constantly refer to a dictionary.
It is easy to leverage: The beauty of property is that everybody needs it: people need to buy it and sell it and people need to rent it. After all, everybody needs a roof over their heads, right? As long as you follow the processes and do your research, you will be able to make money from either selling the property at a substantial profit, or by having it pay you profits on a regular basis. When your property is tenanted, the rent that is paid actually goes towards helping you pay off your mortgage against that property! Also, at the end of the financial year, you can claim any expenses incurred against your investment property as a tax deduction. Finally, once you have built enough equity in your property, you can borrow against that equity to purchase your next property, and then your next one after that as well.
How My Property House Will Help You Develop And Implement Your Investment Strategy?
No two property investors are the same. Our clients range from first time investors to experienced ones. Understanding our clients where they are and what they want to achieve is what we do.
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My Finance House Pty Ltd (ABN: 93 152 933 027) and its advisors are authorised representatives of Australian Finance Group Pty Ltd (ABN: 11 066 385 822) ACL: 389087. My Property House Pty Ltd (ABN: 95 546 970 124) holds corporate licences in SA (RLA258698), VIC (075837L), NSW (10023837), QLD (3734768), WA(RA77978). My Insurance House Pty Ltd (ABN: 98 617 730 506) is a corporate authorised representative (ASIC: 1252983) of Wealth Today (ABN: 62 133 393 263) AFSL: 340289. My Planning House Pty Ltd (ABN: 67 250 050 701) is a referral partner to BAM Financial Planning (ABN: 38 243 277 188) who are a corporate authorised representative of Financial Services Partners Pty Ltd (ABN: 15 089 512 587) AFSL: 237590. My Accounting House (ABN: 93 989 069 265) is a referral partner to Nexia Edwards Marshall Accountants (ABN: 62 126 016 582).
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