Property Investment Professionals in Melbourne
Who can you ask for Property Investment Advisors Melbourne?
Here are the people you can contact:
1. None - Many beginner investors think they understand real estate because they've lived in or Property Investment Advisors in Canberra. This is a big mistake and probably about fifty percent of first-time investors have sold within five years.
While they may know their local neighborhood, this is very different from understanding the property market.
2. Friends or Family - I understand people can do this, but the question to ask is, are they, financial experts?
How many millionaires are there in your family? If not, don't ask them as often their advice will be to avoid property investment because of the "risk".
3. A Real Estate Agent - Remember that agents work to help get the best price for the seller, and they are not likely to tell you about other great properties for sale in the area by other agents.
4. Mortgage Broker - While it is important to have an investment-savvy mortgage broker on your behalf to help you through the financial maze, most do not understand the property market well enough to advise on what constitutes an "investment grade" property.
5. An accountant – Your accountant should advise you on tax matters and structuring, but most do not have the in-depth knowledge of the property market required to provide investment advice.
6. Financial planners - While financial planners are licensed to sell financial products, most are not able to provide advice on real estate.
Not only because they don't have a good understanding of assets, but because the company they work for doesn't allow them to.
People who recommend assets usually have a biased approach because they make commissions based on the investments they sell from their "stock list".
7. A property marketer - While these sellers may appear to be on your side, they are actually selling a "product" to a property developer who is going to make the biggest profit from the deal.
8. Investing Seminars and Workshops - Ask yourself: Is the person organizing the event an investment expert in their field?
How long have they been financially secure, or do they spend their money teaching others?
9. A property consultant - There seems to be an abundance of property consultants around - some who give great guidance, while others are actually property salespeople or marketers in disguise.
Let's be clear: Having mentors is important. They see your blind spots, give you guidance and support, and expand your way of thinking. Just be careful who you choose and make sure they get the results you want to get.
10. A buyer's agent - This can help a lot in selecting the right property, but most are "order takers" - they don't make a plan that takes into account your family's future needs and your risk profile.
However, when you look at this list you can now see why you need to... An independent, unbiased Property Investment advisor in Perth.
In my opinion, it is important to have a trusted advisor when making property investment decisions.
Property Investment Professionals Melbourne
This is very difficult to do on your own or by trial and error. There is a huge fee involved in learning - time, money, effort, and heartache.
Are you looking Property Investment Specialist?
I find it interesting that while most wealthy people have trusted advisors in many areas of their lives and are willing to pay, the average person has no advisor or consults a salesperson whom they refer to as an advisor. See as but are far from independent.
On the other hand, following the teachings and proven systems of people who have already achieved what you want to achieve and who have maintained their wealth through multiple asset cycles while not guaranteeing your success, makes it very likely.
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