Buying an investment property can be a great way to secure your financial future. However, if you are time-poor, it can be difficult to know where to begin. In this story we explain how, with the right help, one busy Shire family got started on their journey as successful property investors.
We spoke to local mum, Alhana Friend about her experience investing with the help of John Gibson, Managing Director of Locate Negotiate. Locate Negotiate, based in Caringbah, is a property advisory service that works independently on behalf of clients to help them make strategic property purchases. Here’s what Alhana had to say.
Why invest in property?
My husband and I had been wanting to buy an investment property for a long time.
We wanted to build a nest egg for the future, to buy a property that would appreciate over time and provide a rental income. Down the track, we’d have the option to sell the property to help fund our retirement or pass it on to the kids.
We had also heard about the tax benefits available to property investors. We thought “if there’s a way to pay less tax, let’s do it!”
Why did you engage Locate Negotiate?
We are both extremely time-poor. My husband’s work is hectic and we have two kids under two; you can imagine how much spare time we have to research property investment!
We decided to engage John Gibson from Locate Negotiate. I knew John had been in the industry for many years and had heard he was the best in his field – so we reached out to see what he could offer.
What did Locate Negotiate do for you?
Our brief to John was to find us a property with good rental return. We told him we didn’t mind where the property was located, as long as it provided a strong rental income.
John and his team extensively researched property options in New South Wales and Queensland. We decided on Jordan Springs, in Western Sydney as it will benefit from the new Badgerys Creek airport development. The region is forecast to have expediential population and job growth in the coming years.
They did the research and discussed all the options with us along the way. They inspected potential properties for us which was invaluable; we didn’t have the time, nor the insight to know what to look for. We were so confident with John’s advice we didn’t see the property ourselves until the cooling off period.
Locate Negotiate provided a complete, end-to-end service.
Looking back, what was the biggest benefit?
Locate Negotiate saved us time and stress. If it wasn’t for their service we wouldn’t have an investment property.
What advice would you give to other mums thinking of investing?
If you’re time-poor, or just don’t have the knowledge about where to invest, let the experts do it for you. You pay for their service, but the money you will save on buying the right property and them negotiating on your behalf will save you more, without a doubt.
Start your property investment journey with Locate Negotiate
If you’re keen to invest in property but don’t have the time or expertise to do it alone, get in touch with John Gibson from Locate Negotiate today.
Employing a professional, like John, could mean the difference between dreaming of property investment and making it a reality. That was the case for Alhana and her husband, who are grateful they took the plunge; they are now enjoying their rental income while the value of their property goes up.
It’s important to remember that all investments come with risks so please seek professional financial advice before deciding if property investment is right for your situation.
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