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To Buy the Right Property at the Right Price....... Just because a property is new, near a city or CBD doesn't necessarily mean that you must pay a premium nor is it necessarily a 'dud' just because a property is older, or in a remote location. Some of the properties that are performing well now in Sydney for example are in the middle ring suburbs. Next big uplift predictably will be Sydney's outer ring: Hornsby, Penrith, Campbelltown and Sutherland.
Up to 30% of properties sold are not advertised to the public as some sellers require a quick sale or do not want the expense and inconvenience of going through a lengthy and anxious auction process. We are trained in negotiating price and are very experienced because we buy/sell frequently
Vendors often prefer dealing directly with companies BUYERS AGENTS such as Freer Property and Finance (FPF) because they know that we represent serious qualified buyers who can make a quick decision when presented with the right opportunity.
To find the Right balance of cash flow and capital growth - All properties tend to fall into one category or the other so it is important to understand this 'trade-off' in optimising a match for our investor clients.
There is also the opportunity to 'manufacture' capital growth through cost-effective renovation with the right established property however 'off-plan' purchases can occasionally also work well where careful due diligence is applied to developers and locations.
Talk to us about paying WHOLESALE rather than retail prices
In order to correctly evaluate a potential 'CASHFLOW POSITIVE' property one needs to base valuations on the realistic, long term reliable cashflow- not the type of cashflow that would come to a stop the moment a mine/ local industry closes down or slows.
Property investors generally profit the most by purchasing the right property rather than trying to become developers. Buying the right property carries far less risk and typically generates a higher capital return. We have been recommending the purchase of a property in an area with a FASTER GROWING POPULATION and NEW INFRASTRUCTURE, such as a one or two-bedroom apartment in inner Brisbane or 3BR house in Sydney or Melbourne growth corridors. Properties in these centres tend to have better capital growth outcomes over time than say property in smaller centres or mining towns with more volatile returns.
To Buy in the Right Cycle with the Right Timing ....... eg. our position that the Reserve Bank moved too quickly to normalise the cash rate has been vindicated with recent rate cuts and more to come. With ongoing weakness in the European economy as well as signs of a slowing Chinese economy impacting on our mining industry, further cash rate cuts are likely this year.
More than 106,000 people who rent in Sydney face difficulties meeting the basic costs of living, according to Housing Costs Through the Roof, a report compiled by the National Centre for Social and Economic Modelling at the University of Canberra on behalf of Australians for Affordable Housing. (October 2011)
The report examined households that earned the lowest 40% of incomes – taking family size into account – who spend 30% or more of their earnings on rent or mortgage payments. And that was some years ago!
On this basis, over 73,000 or 12% of mortgage holders in Sydney are in housing stress, with the figures even higher for first-home buyers, indicating 15% (just over 15,000) are struggling to make ends meet.
When acting as a buyers agent we only get paid on results (other than a nominal engagement fee). Our fee is usually based on 20% of the discount obtained off the asking price of the property.
'NO Discount - no fee' policy: if we can't negotiate a discount then there will be NO Fee.That's our guarantee for residential property.
NO request TOO BIG or too small eg. sourcing investments from $170k to DEVELOPMENT SITES of $700m
If there is a match with one of our vendors' (listed) properties no fee will be charged.
See FEATURED PROPERTY
Our commitment is to sourcing the right property at the right price and then assisting with sourcing related services, such as finance, legals, accountancy and management, if required.
$500 engagement fee is all you pay until satisfied and selected property is purchased.
Before sourcing suitable properties, it is essential that we understand what is important to you when investing in property/selecting a development site or purchasing a home, as we have access to properties and individual projects across a diverse range of product type and geographic location, to meet varying buyer's needs....
7. Investing as an Individual or in a Trust /Company structure ie. differing tax benefits eg. we have properties approved for investing via a Self Managed Super Fund and can assist with this process.
Once we understand your preferences, we are able to refine your strategy and email you our due diligence for a particular region. You are welcome review 'example properties' accessed via the last tab, and to reply with your preferences, for analysis at no cost or obligation.
We look forward to better understanding your requirements so that we can be of greater assistance once you subscribe to this site. See subscription box below for free subscription
Principal and Licensee
Freer Enterprise Pty Ltd t/as Freer Property and Finance - Licensed Real Estate Agent and Buyers Agent