It’s become a little well known fact that as Australian’s we are not good at researching property particularly from an investment perspective – a quick look on realestate.com and a chat to the local agent and we feel confident to buy. This is a stark comparison to investing into managed funds, where after an assessment of your financial situation a document known as a Statement of Advice is prepared and includes asset allocation, risk mitigation, diversification, personal insurances, budgeting.
We recommend the same principals for any potential property investor and advise clients to see their primary financial advisor – think your mortgage broker, accountant or financial planner. They will be able to compile an investor profile that discusses your borrowing capacity, comfort levels, cash flow requirements, other asset holdings and more.
Armed with an investor profile, Varo Off-The-Plan specialist will be able to provide you with an educated overview of the current marketplace as well as present some options that would be suit your situation. To help you take the fist steps to becoming an off the plan investor contact our office today on 08 8125 4900.