Financial Planners in Perth: “Small Property Investors are Finding Success.”
Announcement posted by Purely Finance 25 Feb 2015
Mortgage Brokers for home loans and investment loans in Perth reveal eight steps to becoming a property investor.
Perth, WA, 25 February 2015 - More and more Australians are investing in property every day. Australians are no longer leaving retirement to chance. Instead, they are taking active steps to provide for their futures beyond their pensions and SMSF’s. Property investment, if done correctly, represents possibly the best opportunity for capital growth, depending upon how aggressive and successful the individual investor is.
Recently, Nick Aves, director of Purely Finance, a firm that combines mortgage brokers and financial planners in Perth, provided readers of his blog with an eight-step guide to succeeding as a property investor. According to Mr Aves, “Success doesn’t happen by chance. It happens by creating a solid plan and executing it. As a firm that combines mortgage brokers and financial planners under one roof, we are in a unique position to see patterns that bring success.”
The Steps
The first step in Mr Aves’ plan is taking a comprehensive financial inventory. This includes debits, credits, income and expenditures every month. A would-be investor must know how much they have to invest before they can begin to plan for success.
The next step is to go to a mortgage broker and apply for a pre-approved loan. This not only lets the fledgling investor know how much funds they can access, but also lets them know if there is anything in their credit history that is going to make their path more difficult.
After finding out how much one has to work with, the next step is to create the set of goals that will eventually be used to create a “roadmap to success.” These should include basics like projected retirement age and income. Factors such as when to buy the first investment property and the timing for growing one’s portfolio are also to be considered.
An investor must also know their risk profile so that they can decide how aggressive they will be in investing. The next step is to make a budget. Being a successful investor requires making a monthly investment towards property. This can be done most efficiently with a budget.
Individuals who plan to make it as investors should also begin to learn as much as they possibly can about property and investing. They need to know the real estate market for their area as if their future depends upon it, because it does. It is also necessary to build a team of professionals to help one in the goal of being a successful investor. This includes professionals such as a mortgage broker, a financial planner, a real estate solicitor and many other people who can help maximise investment income.
According to Mr Aves, “The last consideration is to check out a firm that specialises in investment property, such as Purely Finance. We combine mortgage brokers and financial advisors to create a perfect place for investors to realise their potential as investors.”
Purely Finance provides “one-stop shopping” for mortgage brokers, home loans, investment loans and financial planners in Perth. They combine financial planning and loan broking under one roof and specialise in helping small investors become large investors. To learn more, call (08) 9453 8888 or visit their website: http://www.purelyfinance.com.au/.
Recently, Nick Aves, director of Purely Finance, a firm that combines mortgage brokers and financial planners in Perth, provided readers of his blog with an eight-step guide to succeeding as a property investor. According to Mr Aves, “Success doesn’t happen by chance. It happens by creating a solid plan and executing it. As a firm that combines mortgage brokers and financial planners under one roof, we are in a unique position to see patterns that bring success.”
The Steps
The first step in Mr Aves’ plan is taking a comprehensive financial inventory. This includes debits, credits, income and expenditures every month. A would-be investor must know how much they have to invest before they can begin to plan for success.
The next step is to go to a mortgage broker and apply for a pre-approved loan. This not only lets the fledgling investor know how much funds they can access, but also lets them know if there is anything in their credit history that is going to make their path more difficult.
After finding out how much one has to work with, the next step is to create the set of goals that will eventually be used to create a “roadmap to success.” These should include basics like projected retirement age and income. Factors such as when to buy the first investment property and the timing for growing one’s portfolio are also to be considered.
An investor must also know their risk profile so that they can decide how aggressive they will be in investing. The next step is to make a budget. Being a successful investor requires making a monthly investment towards property. This can be done most efficiently with a budget.
Individuals who plan to make it as investors should also begin to learn as much as they possibly can about property and investing. They need to know the real estate market for their area as if their future depends upon it, because it does. It is also necessary to build a team of professionals to help one in the goal of being a successful investor. This includes professionals such as a mortgage broker, a financial planner, a real estate solicitor and many other people who can help maximise investment income.
According to Mr Aves, “The last consideration is to check out a firm that specialises in investment property, such as Purely Finance. We combine mortgage brokers and financial advisors to create a perfect place for investors to realise their potential as investors.”
Purely Finance provides “one-stop shopping” for mortgage brokers, home loans, investment loans and financial planners in Perth. They combine financial planning and loan broking under one roof and specialise in helping small investors become large investors. To learn more, call (08) 9453 8888 or visit their website: http://www.purelyfinance.com.au/.