Bringing It All Into Perspective

There is a lot of conjecture out there in the market about the ability of young people today being able to afford a mortgage. After reading this you may just believe that the truth Is – it’s all in how you manage your money in the first place. Surprise! Surprise! Nothing has changed about that in hundreds of years.

Easy Money

Over the years, as the public began to be aware that investing in property was a good thing, a new industry blossomed. Mortgages!

With large tax incentives all round, a bricks and mortar asset to insure against to satisfy your lending institution and you could easily be on the way to having your first – or fifth – or tenth mortgage, often at 100% of the purchase price, sometimes more.

The institutions, whilst still canny with their money, are more than willing to loan money for all sorts of things and this is where the trap lies. Twenty-somethings are investing in loans or higher credit card debt more than ever before.

Most people will be unaware that the repayments on a $20,000 credit card will be around the $600 mark per month. If you have a personal loan for $20,000, for a motor vehicle as an example, you are looking straight down the barrel of a $500 monthly repayment.

Amazing Mortgage Fact

Now check out this last little bit of data.

Did you know that the repayments on a $100,000 mortgage, 4.5% interest over 25 years is just $555 per month? Amazing.

The two debts mentioned above are relatively small on their own. Together, however, they can have a big impact on just how much money you can borrow for a mortgage. A bank will automatically cut your borrowing power by up to $200,000 as soon as it sees debt like this.

This is where Fountain Property Group like to help flesh out the details for you. We see a lot of disappointed faces in this business. It is amazing how this form of debt can reduce your service ability.

When we are educating our clients. We ask the hard questions like …In the short term, can you see the value in catching the train for a little while? To get that extra money for your mortgage is it worth forgoing the stereo or is it worth giving up your trip to Greece? You may answer yes or no to these questions. There is no right or wrong answer. The choice, however, will determine your living arrangements for a long, long time to come.

Building Your Retirement Nest Egg

Did you know that you cannot insure a share portfolio or term deposit?

Any risk or negative outcomes that may evolve from a drop in the market in these two investment options cannot be protected in any way. If you don’t know what you are doing, you could end up paying off shares that are worth nothing.

When you invest in property you can relax knowing that through fires, storms, busted pipes or any other number of accidents, you can insure your asset against damage and have it repaired without forking out more cash.

Tax Benefits and Incentives

Perhaps because housing is always in such demand the taxman smiles upon the investment of property like no other investment. All sorts of tax breaks and incentives are offered to assist with this form of investment.

Time Poor?

Fountain Property Group are not your average real estate agents where you can come and list your house and we market and sell it for you.

We are a company that sources properties for buyers and we are not restricted by any territories or boundaries like some of the major agencies are. As such, we have full flexibility to go wherever the market is hot or where we feel an area is poised for growth.

We source properties in strategic areas and only after completing our full due diligence on each and every one of them do we offer these to our clients. This is the most important step you can take in any property deal. It is essential that the properties we offer have met our strict criteria.

Our services go even further beyond this as we are able to design the correct structure required to purchase property, thus ensuring our clients also gain maximum tax advantages.

Let us guide you from beginner through to seasoned entrepreneur with our proven program.

Nearly 20 Years’ Experience

Knowing where to look and what to look for is not something easily gained. It can take years of being in and around the industry before you start to get a handle on its ebbs and flows. Are we the experts? Our short answer is yes, but we are not cocky about it. We continue to research and educate ourselves to ensure we stay on top of the trends.

Anyone Can Do It!

It does not matter whether you are a savvy developer, builder, banker, or a mum and dad investor.

With the money, the right advice, guidance and decisions, anyone can make a success of this form of investment.

How to Find the Right Property Manager

rental4Property Management is a crucial part of your investment, as more Australians invest in property. Choosing the right property manager will help you in the day to day tasks of handling your investments. There is more to just collecting rent in managing your investment property. A property manager is tasked to address tenant issues, property repair and maintenance, and much more. But, how do you choose the right Property Manager?

Property Manager credentials. Most agencies have several departments, so make sure you choose one with a dedicated property management department. Choose a property manager with a proven track record of successfully managing properties. Your property manager should also have years of experience in real estate. Provide scenarios so that you can hear firsthand their ability to resolve conflict and other issues that may arise.

Property Management Proposal. Do they take the time to sit down and talk to you about their plan for your investment? You should take these small but critical details as a consideration – as property managers should at least have the time to discuss things with you, rather than just send you a sheet of paper.

Property Inspections. Choose a property manager that takes the time to accompany tenants for inspection. In this way, inquiries of prospect tenants can be addressed right away. Hiring a property manager that does this ensures that they are concerned about your profitability.

Property Maintenance. Property managers should have extreme attention to detail. They treat your property as their own, so you can be assured that your property is always in good condition. Choose a property manager that can make repair recommendations, and look into their plans for routine inspections and maintenance.

Property Manager availability. Are you looking for a manager that specialises in local properties, or will you have properties spread out in different areas? Your property manager should be well adept with the varying issues for each location. Hire a property manager that specialises in a large geographical area.

Court experience. As the landlord, certain instances may require you to appear in court to protect your rights. A good property manager should have a good grasp of the most recent changes to tenancy laws.

Whatever your goals, choose a property manager that treats your investment as their own. Proactive managers can increase your rental return and unlock the full potential of your investment property.

Do you need a Property Manager?

Property investors are often faced with the dilemma of choosing a property manager to maximise profit. Most people choose their property managers based on fees, but there are some considerations, because there is more to a property manager than just collecting rent.

You have to assess your personality and determine whether you have the ability to manage your tenants at a professional level. If a tenant falls behind in paying the rent, or damage is found during inspection, can you handle these issues professionally?

You, as the Property Manager should also be attuned to the legalities surrounding your property. Lease agreements, evictions and bond claims should follow legal procedures so that you can justify your claim. When seeking tenants for your property, do you have what it takes to advertise and gauge the right people for your property?

When you answer “no” to any of the questions above, it might be a good time to consider a Property Manager. These people are equipped with a marketing plan and will help you with your investment from start to finish. Property Managers have industry specific skills that will assist you in getting the most out of your property. When choosing a Property Manager, make sure your interest is their priority, after all – Investments should give you peace of mind and security.

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Finding The Right Mentor

If you are into property investment then you are in it to earn some form of remuneration. Now we are not saying that you cannot be in this industry for fun. We love this industry with a passion.

When you find your passion the work you do to achieve it becomes fun. We enjoy the triumph of guiding our clients through the sometimes murky waters of real estate investment. It is so satisfying to be able to help people grow their finances and see them blossom

If you have ever been to see the likes of Robert Kiyosaki, Pat Mesiti, Tony Robbins, or John De Martini, there is one thing they tell you to do if you want to be successful in any venture That is to find a mentor—someone who you can connect with.

Leaders in Our Field

Fountain Property Group are investment property specialists. We possess over 15 years’ experience guiding and mentoring in this field. Our affiliated mortgage specialists have a huge 24-year span in the industry and are a huge fountain of knowledge.

Our Beliefs

We have an innate grasp on what we believe are the five areas of successful investing.

These areas consist of:

Structure and finance

Asset Protection

Cash flow and tax

Supply and demand

Property management.

As you can see, you must put some thought into your investment strategy before you even think about looking at property or talking to your bank.

Getting your structure and finance right is the single most important step in your journey. Once you have laid a good strong foundation it will be much easier to build your empire.

Where We Differ

As a non-affiliated company we are not restricted by territories such as other agencies may be. But even deeper than that, we have been able to niche our specialty down to what an investor requires from their property agent.

Yes, we are more than able to find you a great property to live in. It will be at a great price, in a great location that is sure to pay huge dividends in your future. All that aside, we are investment specialists and we can serve you all through your journey.

Here is what we offer

We can source your product. We can guide you through its purchase.

We can then expertly manage your property in such a way as to ensure it is best served to set you up for your next investment purchase. How does it get any better than that?