5 Essential Considerations Before Buying Your 1st Property

Searching​ ​for​ ​that​ ​perfect​ ​first​ ​investment​ ​property​ ​can​ ​be​ ​incredibly​ ​exciting.​ ​​If​ ​you’re  currently​ ​in​ ​the​ ​market,​ ​building​ ​an​ ​investment​ ​property​ ​deposit​ ​or​ ​just​ ​keen​ ​to​ ​know​ ​more  about​ ​what​ ​it​ ​takes,​ ​we’re​ ​to​ ​help​ ​you​ ​understand​ ​what’s​ ​involved.

With​ ​the​ ​right​ ​investment​ ​approach,​ ​those​ ​​dreams​​ ​of​ ​financial​ ​freedom​ ​and​ ​long-term  wealth​ ​can​ ​become​ ​reality.

The​ ​team​ ​at​ ​Secoya​ ​have​ ​put​ ​together​ ​5​ ​things​ ​you​ ​absolutely​ ​have​ ​to​ ​consider​ ​before  buying​ ​your​ ​first​ ​property.

1​​ ​​Understanding​ ​how​ ​to​ ​find​ ​the​ ​hottest​ ​deals​ ​in​ ​the​ ​best​ ​locations

You’ll​ ​need​ ​to​ ​identify​ ​up-and-coming​ ​locations​ ​for​ ​capital​ ​growth​ ​and​ ​properties​ ​with​ ​high  rental​ ​yield.​ ​Ideally,​ ​you​ ​also​ ​want​ ​access​ ​to​ ​exclusive​ ​deals​ ​unavailable​ ​to​ ​the​ ​general  public.

2​​ ​​Knowing​ ​how​ ​to​ ​access​ ​the​ ​best​ ​finance​ ​for​ ​your​ ​personal​ ​situation

Find​ ​out​ ​your​ ​borrowing​ ​power​ ​and​ ​identify​ ​suitable​ ​properties​ ​for​ ​your​ ​situation.​ ​Do​ ​you  have​ ​much​ ​equity​ ​in​ ​your​ ​own​ ​home?​ ​​ ​What​ ​is​ ​your​ ​family​ ​income?​ ​How​ ​much  superannuation​ ​do​ ​you​ ​you​ ​have?

3​​ ​​Investigating​ ​any​ ​tax​ ​breaks​ ​or​ ​savings​ ​you​ ​may​ ​be​ ​eligible​ ​for

Are​ ​you​ ​paying​ ​too​ ​much​ ​tax?​ ​Can​ ​you​ ​reduce​ ​your​ ​tax​ ​through​ ​property​ ​investment?  There​ ​are​ ​a​ ​number​ ​of​ ​ways​ ​in​ ​which​ ​you​ ​can​ ​maximise​ ​tax​ ​breaks.

4​​ ​​Gaining​ ​assistance​ ​from​ ​a​ ​professional​ ​solicitor​ ​to​ ​ensure​ ​a​ ​smooth​ ​process

Finding​ ​an​ ​experienced​ ​solicitor​ ​to​ ​assist​ ​you​ ​is​ ​important​ ​to​ ​ensure​ ​that​ ​your​ ​interests​ ​are  protected,​ ​and​ ​your​ ​obligations​ ​fulfilled.

5​​ ​​Finding​ ​a​ ​trusted​ ​team​ ​of​ ​property​ ​experts​ ​with​ ​a​ ​strong​ ​track​ ​record

When​ ​you​ ​learn​ ​to​ ​swim,​ ​would​ ​you​ ​achieve​ ​better​ ​results​ ​having​ ​an​ ​Olympian​ ​or​ ​your  amateur​ ​parent​ ​as​ ​your​ ​coach?​ ​Finding​ ​a​ ​true​ ​expert​ ​will​ ​deliver​ ​better​ ​results​ ​to​ ​your  investment​ ​journey.

You​ ​can​ ​create​ ​wealth​ ​and​ ​financial​ ​freedom​ ​with​ ​a​ ​smart​ ​property​ ​investment  strategy​ ​from​ ​Secoya.

How​ ​are​ ​we​ ​different​ ​to​ ​other​ ​property​ ​investment​ ​companies?

Firstly,​ ​we’re​ ​all​ ​investors​ ​ourselves​ ​who​ ​quite​ ​often​ ​invest​ ​in​ ​the​ ​very​ ​same​ ​projects​ ​we  offer​ ​clients.​ ​This​ ​shows​ ​that​ ​we​ ​practice​ ​what​ ​we​ ​preach,​ ​and​ ​are​ ​happy​ ​to​ ​invest​ ​in​ ​the  same​ ​projects​ ​with​ ​our​ ​own​ ​money.

Secondly,​ ​because​ ​we​ ​work​ ​closely​ ​with​ ​leading​ ​developers​ ​across​ ​Australia,​ ​we​ ​can​ ​assess  projects​ ​ahead​ ​of​ ​time,​ ​ensuring​ ​our​ ​clients​ ​are​ ​only​ ​offered​ ​the​ ​best​ ​apartments,  townhouses​ ​and​ ​land​ ​packages.

Finally,​ ​we​ ​live​ ​and​ ​breathe​ ​property.​ ​​We​ ​have​ ​over​ ​50​ ​years​ ​combined​ ​experience​ ​and  understand​ ​the​ ​right​ ​approach​ ​to​ ​maximise​ ​growth​ ​while​ ​avoiding​ ​common​ ​investment  mistakes.

By​ ​choosing​ ​Secoya​ ​as​ ​your​ ​investment​ ​partner,​ ​you​ ​can​ ​begin​ ​to​ ​build​ ​a​ ​powerful​ ​property  portfolio​ ​and​ ​secure​ ​your​ ​future.