Peter Swain’s Post

Can't decide what to do with your property? Discover why renting it out is a smart move in today's market! Learn how you can maximise your investment and generate steady income. Ready to take the plunge? Contact Sanctuary Real Estate to get started!

Are you considering investing in property, and want support to understand the best strategy, and find the right property? I can help you... ☎ 0427 144 198 📧 Emily.cook@cba.com.au.   #property #commbanklender Louise Rodgers Michael Edom

Thinking about investing in rental property? Here are 10 steps for you to take!

🏠 Thinking of moving? You’re in a great position to start becoming a rental property owner! If you have a home and plan to move at some point in the future, follow these steps to turn your current home into a profitable rental property: 1. Run the Numbers: Use free tools like the Good Life Instant Rent Report to determine your rental income potential and assess your potential cash flow. 2. Set Your Move Date: Decide when you want to move and start planning accordingly. 3. Save for Your Next Down Payment: Create a savings plan for your next down payment (aim for 3.5% to 20%) 4. Execute with Jedi-Level Discipline: Stick to your plan with unwavering discipline and patience. 5. Rent Your Current Home: Turn your current residence into a rental property, unlocking multiple financial benefits. 💡 Now you’re a rental property owner! 1. Watch your property value grow. 2. Enjoy significant tax savings. 3. Get on track for your next real estate investment. P.S. If you found this valuable, please share it with your network and follow me for more!

Property investing is so quick here's how..... The first property we viewed in 2024 (the first week in January) We will conclude the purchase tomorrow. A good 5+ months on, multiple challenges along the way from funding to constant delays and been hit by multiple curveballs. But we stuck in and held it together. Looking forward to sharing this one. It will be a fantastic add to our portfolio, in a niche location, offering a service no one else is. Keep your eyes peeled for it. It is going to help us scale rapidly towards our goals. Are you ready to push towards your income goals? We help others, find property, manage the refurbishment and grow your income and wealth without you having to do the heavy lifting. Drop me a message to book a discovery call to understand how we can help you invest in property just like we do for ourselves. P.s - Property is not quick, that was a lie, but we can help your move faster than on your own.

Unsure About Rental Property Profits? This blog post is your key! Discover how to calculate rental property cash flow to understand the true profitability before you invest. Stop guessing, start knowing! ➡️ https://buff.ly/3zy3BzQ #RealEstateInvesting #CashFlow #ROI #RentalProperty #FinancialPlanning #InvestmentStrategy #BuildWealth #PassiveIncome #SmartMoneyMoves #LandlordLife #RealEstateTips

"Ready to grow your rental property business? Learn how to expand with multi-family properties, from finding the right property to financing and management tips. https://lnkd.in/evftcT6N"

What does a successful property investment look like? Let’s dive deep into one of the best property investment case studies we have seen. Wadestown, Wellington (a few years ago) With the benefit of hindsight, it is easy to see this property was bought way undervalue and renovated within a nice budget, that allowed the owner to realise a lot of ‘instant equity’ relatively quickly after buying the property. Here is a more detailed breakdown of the numbers. Purchase Price - $810,000 + Renovations of $160,000  Total Expense - $977,724. This includes legal and holding costs Final Valuation - $1,100,000 post renovations ($122,276 in gain over the costs in the few months after buying) Final Rental Income - $1,650 per week Conservative Vacancy Rate – 5% (2.5-3 weeks with no tenants each year) Maintenance – 10% of Rent (budgeted - unlikely to be that high) Management – 10% of rent paid to the property manager (budgeted) Cash On Cash Return 36.83% from the initial outlay Gross Yield 8.82% Mortgage Coverage 9.75% (importance of this explained later) Net Yield 5.22% (after topping up) Net Income $34,088 (annually, at the time post renovation, using interest only lending) Key questions  -  How do we find the right property?  How much deposit can we recycle?  How much net cash flow can I get from this house at 100% finance? After the 5-year interest-only term, the owner could probably switch to principal and interest using only funds from the property and within 15-20yr have the property fully paid off without putting in any extra money. This would produce over $80,000 of income annually for the owner as a freehold investment. Working with a mortgage adviser will help you assess investment options rationally because it really is about the numbers. If you need help with the numbers (and let’s face it we all do) then take advantage of the spreadsheets we provide our clients. Even the most sophisticated property investors we work with want to chat and double-check their numbers and projections. We often get clients supplying their own information on spreadsheets and find it to be out of date, inaccurate, and the wrong data. Most clients switch to our spreadsheets when they see the easily understood numbers. Some clients with 20-30 properties come to us with their own spreadsheets and these are a shambles. They’ve done amazing things without even having accurate information - just think about what they begin to achieve when the accurate numbers are presented to them. Decisions about buying and selling are much easier with the formulas provided to you. https://lnkd.in/g_3YDdc7

14 Mistakes to Avoid When Investing in Real Estate

When looking for a property to rent out, it's essential to consider more than just rental income. Keep in mind that property values can change over time. Always check recent sold prices as part of your property search. If you buy a property, rent it out for a few years, and then sell, the sale value is likely to have shifted. This change will affect the overall yield on your investment, whether it’s an increase or decrease. Need help navigating the property market? Flying Keys is here to assist! Get in touch at 01400 675175 or message us for personalised advice.