Why should I invest in property?

At Gold Seal Finance we want to know why you want to invest in property so that we can help you achieve your goals with the least risk and greatest returns.

The reality is there are many different motivations to invest in property, and therefore the way you invest and what your returns are will also vary greatly. Not sure where to start?

Let Gold Seal Finance establish what you want to achieve and help implement real and achievable strategies to reach your financial goals.

What is an investment property?

An investment property is a property you buy specifically for the purpose of renting out. There are tighter rules around borrowing when it comes to an investment property and having an expert on your side like Gold Seal Finance can help you move through the investment loan minefield. Our tailored approach means that you get the right investment property advice for your situation.

Pros and cons of investing in property?

Property investment is often seen as being less risky than other forms of investment. However, while it may seem more straightforward, there are pitfalls to be aware of. Here's what you need to consider about investing in property.

Pros

• Less volatility - Property can be less volatile than shares or other investments.
• Income - You earn rental income if the property is tenanted.
• Capital Growth - If your property increases in value, you will be benefit from a capital gain when you sell.
• Tax deductions - You can offset most property expenses against rental income, including interest on any loan used to buy the property.
• Physical asset - You are investing in something you can see an touch.
• No specialised knowledge required - Unlike some complex investments, you don't need any particular specialised knowledge to invest in property.

Cons

• Cost - Rental income may not cover your mortgage payments and other expenses.
• Interest rates - A rise in interest rates will mean higher repayments and lower disposable income.
• Vacancy - There may be times when you have to cover the costs yourself if you don't have a tenant.
• Inflexible - You can't sell off a bedroom if you need to access some cash in a hurry.
• Loss of value - If the property value goes down you could end up owing more than the property is worth.
• High entry and exit costs - Expenses such as stamp duty, legal fees and real estate agent's fees.

More information can be found at- https://moneysmart.gov.au/property-investment

Building your property portfolio can be a great long-term strategy, and if done right can help build your wealth. If you’re in Brisbane, Logan or the surrounding suburbs, why not talk to Gold Seal Finance, we can come to your home or office, or you can come to us; we can meet outside of work hours and ensure that we find a time that suits you.

Are you ready to buy an investment property?

Not sure if you are ready to buy an investment property, why not talk to Gold Seal Finance? We can do a thorough assessment of your current situation and see if purchasing an investment property is a viable option.

Why wait?

Gold Seal Finance service both Logan and the Brisbane area. We understand you have a busy life and that’s why we are happy to come to you, whether it’s your place of work or home, or alternatively you can visit our Rochedale South Office, we are even happy to meet outside of business hours. If you live outside the Brisbane area we can still assist, why not book a Zoom meeting with one of our consultants.