Residential Property Investing in Australia

19/11/2022

Income stream (S) - No longer a luxury, is now a necessity!

Do you have all your eggs in one basket, and no we are not talking about chickens? What we are referring to is exactly, is having all your income coming in from one stream. We show our true individual selves by the choices we make daily; meaning we do not eat the same food and wear the same clothes every day. The same should be said about your money and making the most of it.

So, the real question here is: What investment is the safest way to create your income stream?

Real Estate agents say that property gives you stability, relative certainty of income and potential taxation benefits. Stockbrokers insist that shares, and equities as they offer greater flexibility, potentially higher returns and liquidity. Financial Advisers will tell you that managed funds and superannuation is the way to go and this is just to name a few common choices and decisions we need to consider.

You might be saying so what right now, how does this impact me?
If you are relying on your superannuation, thinking that will provide enough income in your retirement, think again. Statistics show if your superannuation is your only source of income in retirement, then you will only have enough to survive 4 years or less before needing to rely on the aged pension. To rely solely on your superannuation to provide your desired income, you need to be contributing at least 30% of your income each year, starting from the age of 30, is that affordable? Unfortunately for most, that answer is no!

For the cost of a takeaway meal or even as little as coffee a week, you can afford to invest into other income producing assets such as property, shares, managed funds or term deposits that upon maturity will provide an additional income stream to compliment your superannuation.

In our experience, we have found many Australians do not realise or understand the consequences of having just one income stream until it is too late. This is where many potential investors get confused because they do not know who to turn to for advice or what to believe. Do you know?

At RPIA we understand the importance of diversity and not having all your eggs in one basket. Therefore, we often recommend to our clients that residential property should only be 60% – 70% of your investment portfolio. How beneficial would it be for you to have a diverse range of incomes heading into your retirement, it is all about creating and having that peace of mind knowing you have all bases covered.

Residential Property Investing in Australia

15/03/2022

Information Night

Wednesday 23rd March 6pm Cafe Zoo Drysdale

Have you ever wondered why the rich are getting richer and the poor are getting poorer?

MONEY!!!

It's not what they earn it's how they employ it - that's the simple difference.

Come along to an information packed evening with Steve Smith of RPIA who will educate you on how to accumulate your own wealth, minimise your taxation through residential property investing in a safe and secure environment.

Want to know more, join us for this free information evening at Cafe Zoo, 23 High St Drysdale, where nibbles, tea and coffee will be provided.

Numbers strictly limited due to Covid restrictions.

RSVP either by phone 1300 360 076 or email [email protected] by 4pm Monday 21st March

21/11/2021

The finishing touches

What happens when your property is completed and there are issues?

I’ve been noticing a lot of complaints on websites for people who have completed a build, have made final payment and then they can’t get hold of the builder if something is wrong. What should be an exciting time in your investment journey or own home is now causing you stress.

Sadly this happens far too often. There are always going to be minor issues in building a new house, having a good relationship with builders helps for things to be rectified quickly and without hassle. Going through a company that has built up relationships with builders makes the process easy for you.

At RPIA we are here to help in all aspects of building an investment property. Let us make this an enjoyable process for you.

21/09/2021

Do you have the touchy feelies?

Time to start looking for an investment property. I know lots about the area where I live so that is a great place to start. This way I can see, touch and feel my investment and really see it working for me. When it comes to property investing this is not always the best scenario. The property is there to make you money not take up your time.

You decide to purchase a property 3 doors down from where you live. Awesome, how good is that? You will be able to keep an eye on things. You know the neighbours are great so the tenants will be too. The front lawn at your investment property seems a bit long the tenants should really get on to that, I will let the property manager know. There seem to be a lot of cars parked there all the time I wonder what they are up to, maybe I should get in touch with the property manager to see what is going on. I noticed they left their hose on that can’t be good. Better call the property manager. Is this the stress you or your property manager need?

Now let’s take a look at investing elsewhere. Can you drive past it? No? That is a good start. Do you think about your property or do you just wait for an update from the property manager? This is where buying a property out of sight out of mind lets the property do its job and make you money without the stress. How much better for your health and mindset would it be not to have to worry about the investment constantly?
It already feels like there are not enough hours in the day.

Keeping the investment property at arm's length gives you the time to do the things that you love and enjoy. Your property can make you money without you looking over your shoulder at it.

Here at RPI Australia we specialise in finding the right location for your investment property. Let your property do its thing so you can do yours.

07/09/2021

All You Need Is Love
There's nothing you can do that can't be done. Nothing you can sing that can't be sung Nothing you can say, but you can learn how to play the game. It's easy. All you need is love. Great song and only if this was true. Try paying for your holidays, bills, and lifestyle in retirement with a kiss and a cuddle. Do you know how much income you are going to need in retirement? Understanding where you are in life and where you want to be is essential for a safe and enjoyable retirement.

A common thought is she’ll be right the government will look after me in retirement, but unfortunately, they can’t. Only 5% of Australians retire on an income greater than $38,000. With the lifestyles we have, this would be hard enough to retire comfortably. It may keep a roof over your head and a meal on the table, but all your dreams of traveling, spoiling grandkids, and not penny-pinching are going to be out of reach. Think about how great the freedom would be to wake up one morning in retirement and go “Let's go away for a couple of weeks” and not have to worry about if you can afford it.

Retirement may seem too far away for you to start thinking about it now, or it even may be creeping up on you quicker than you expected. Now is the time to start putting a retirement plan in place so when it arrives you are prepared. Nobody wants to work for the rest of their lives because they can’t afford to retire.

The best way to work out what you will need in retirement is to work out what income you would like to retire on. Work out how many years you have left to retire. The average lifespan for a retiree is 20 years, so you will need to fund yourself for at least that. By having those figures multiply the income you desire by 20 and then divide it by how many years until your retirement. This will leave you with a figure of how much you need to save per year. Scary number isn’t it. It is hard to see how you could ever save that amount while still having to live with your expenses today.

Surprisingly, it is achievable. It’s all about making your money work for you. By investing in residential property, we can help you get to where you need to be in retirement. Let an investment property do the retirement planning for you. It can grow for you and make you an income at the same time. The sooner you start looking at what you can do, the more time you have to start putting steps in place so you won’t end up on the age pension.

At RPIA we are here to help you determine what you need and how you can get it. We can help take the stress and worry out of it for you, and help guide you in the direction you need.

20/07/2021

It’s ok to ask for help.

As lockdowns are continuing it is hard to know what lies ahead. One thing we all need to know is there are lots of resources available to help if needed.

Are your investments doing what they should for you? Are your loans structured correctly for the best benefits? Do you have safety nets in place for unforeseen circumstances? Is now the time to start taking advantage of the moving markets?

The team at RPIA are here to help with any questions you may have to help ease the uncertainty of your financial situation or to help move forward in a positive direction. We don’t have a crystal ball but we have the knowledge and care to make sure you are looked after.

Stay safe everybody and remember we got this!!!

01/07/2021

Happy New Year!

Another financial year rolls around and how exciting, that means it is tax time. It also means there are lots of EOFY sales. When my tax return comes through watch out shops.

Or shall I use my return to my advantage to help set my family up for our future. I know which one I should do.

As much as it’s tempting to go a bit crazy with your tax return it is better to start using the money for your benefit. When you retire which do you think will be of better use for you, your mortgage cleared and having investments to fund your retirement or a new tv?

The old saying is money makes money. Use your money wisely and invest, then you will be in a position that you can spoil yourself a bit. Right now the property market is booming. We are here to help you get into the market so you can get rewarded for the future.

25/03/2021

How exciting you have finally saved up a deposit for your own home. Saturday morning comes around and off you go to look at properties. It doesn't take long for the realisation to hit that the market is moving faster than what you can save.

Property markets in Australia are set to soar around 17 per cent in capital cities around Australia this year. It’s been all over the news about properties going at auction hundreds of thousands above the reserve. With interest rates so low at the moment there is no surprise that there is a supply and demand issue.

Don’t be disheartened as there are ways to get into the market. If the price point is out of reach for you to live in the area you want to, why not get into the investment market at an affordable price and watch your asset grow. You can then use the equity of your investment to get into the area you desire.

Where do you start? You start by getting in touch with us to help you get into the market. Right now is the time to start before you do get priced out. We can help you find the right property and make sure it is affordable for you. We can help you with finance and loan structure. With the interest rates being so low it's a great time to start the process. Let us take the frustration away for you and make it happen!

17/03/2021

With the new rental regulations coming into place soon, what are your thoughts on the tenants rights vs the landlords rights?

The rental law changes coming soonBy Mimi Becker|13 hours agoLong overdue rental reforms will come into effect in Victoria on March 29, after being postponed during the pandemic.The changes will set minimum standards for a property including providing a working toilet, running hot and cold-water sup...