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  • Profile photo of Kylie WalshKylie Walsh
    Participant
    @kylieppi
    Join Date: 2014
    Post Count: 23
    August 19, 2014 - 3:10 pm

    I don’t personally know this business however, things to look out for and ask in these types of situations are:

    1. Do they have an “AFSL” Australian Financial Services Licence to give you financial advice?
    2. What accreditations do they hold for property investing?
    3. What affiliations to they have with their other service provides which offer you an “end to end” service?
    4. Where is there stock? If they can answer this question then they have a product list and are selling you a product not the service or financial plan which is best for you.
    5. Positive cash flow is be good but will it also give you the capital required to obtain further investments?

    Regards

    Kylie Walsh | PPI Investment Advice
    http://ppiinvestmentadvice.com.au
    Email Me | Phone Me

    Licensed Property Financial Advisors who provide Tailored Property Advice and Solutions

    Profile photo of Kylie WalshKylie Walsh
    Participant
    @kylieppi
    Join Date: 2014
    Post Count: 23
    August 15, 2014 - 1:21 pm

    I think the best approach is to get professional advice. Unfortunately, I see so many people get it wrong due to bad advice or lack of knowledge.

    There are so many great areas to invest in throughout Australia. There are so many different strategies you could implement. If you are looking at buying and holding a property, Sydney has already had a huge spurt and heading towards the top of the market.

    Are you looking for capital growth, cash flow, renovators or value add properties? Have you looked at Land Tax thresholds within each State and Territory.

    It is advisable to get some professional advice. Real Estate Agents are there to sell you property not to give you financial advice which I believe, the reason you want to invest is to improve your current financial situation and make the right financial decisions. Look for someone who offers a service, qualified in this area and has your best interest at heart.

    • This reply was modified 10 years, 3 months ago by Profile photo of Kylie Walsh Kylie Walsh.

    Kylie Walsh | PPI Investment Advice
    http://ppiinvestmentadvice.com.au
    Email Me | Phone Me

    Licensed Property Financial Advisors who provide Tailored Property Advice and Solutions

    Profile photo of Kylie WalshKylie Walsh
    Participant
    @kylieppi
    Join Date: 2014
    Post Count: 23
    August 15, 2014 - 1:14 pm

    Hi Sachin

    As mentioned above, it is really important you get your finance right from the beginning however, it is just as important to get the whole planning of it right. You need to consider what your intentions are today, to next year and into the future as to how best to structure your portfolio. Are you better off in personal names, in a discretionary trust etc.

    Are you looking for capital growth or is cash flow more important to you. There are so many different types of strategies for you to employ depending upon your personal circumstances. There are better outcomes than buying and holding and waiting for the market however, most people aren’t taught or educated with these scenarios.

    Definitely stay away from anyone who has a product to sell as they are only selling it to you because they get the best commission. Find someone who has a service to provide with options for you to choose from.

    Kylie Walsh | PPI Investment Advice
    http://ppiinvestmentadvice.com.au
    Email Me | Phone Me

    Licensed Property Financial Advisors who provide Tailored Property Advice and Solutions

Viewing 3 posts - 21 through 23 (of 23 total)
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