FAQ – Frequently Asked Questions
Please Expand the box you want to view [+]
We started buying investment properties for ourselves using a very refined proven method we developed for sourcing fantastic property deals, before other investors found them. Friends could see how well we were doing by the incredibly successful results we were achieving for our own portfolio. Friends started to aks us to assist them and we started to help our friends to find similar deals.
Everything snowballed and we now specialise in helping others access the opportunities we invest in ourselves. For more information refer to the “What We Do at Property Friends™” section on this website
We source and put together property deals for investors that are too busy earning a living to spend their valuable time properly researching and investing in property. Our service specialises in selecting areas that are forecast by the experts to double in value over 7 to 10 years as well as providing excellent rental returns.
We aim to maximise both capital gain and cash flow. Instant built in equity will build your wealth quickly and allow you to build an investment portfolio much faster that you may have thought was possible……the best part is that YOU don’t do any of the leg work or research yourself. For more information refer to our About Us Page
We have an exhaustive check list that is diligently completed for each potential area. All the ticks have to be in the right boxes before we will even consider going any further.
The areas subsequently chosen are thoroughly researched and we travel extensively to check it out personally. it is our view that you just got to have a good understanding for what is going on in a location and that can only be done when you are physically “experiencing” an area and “pounding the pavement”
We consult with the experts that are in the business of forecasting future real estate values and town planning. We obtain historical and projected data for capital growth and rentals and meet with local developers, councils, builders, rental agents, designers, suppliers…etc.
And last but not least, remember that we ourselves are investing in these areas ourselves, we don’t put anything forward to you that we would not do ourselves
The method we use accelerates the process of building equity in the investment property, thus allowing a revaluation and then use of that extra equity to buy another investment property.
Being able to buy the land separately and build a new house on it enables us to buy as a group in bulk and keep costs down. Getting in early with developers and builders means we have time working on our side as well. For example: Lock in deal with minimal deposits. Say, land settles in 12 months (during that time we have capital growth working in our favour). Say, builder takes 6 months to build house (during that time we have inflation, building costs, labour costs all working in our favour). Of course it all depends on each specific deal, some are “ready to go pretty much right away”, others take more time to develop.
Either way the time our property is ready to be settled the land has usually gone up and the price of the house has gone up too…, so now we have equity built into the property that we can generally use to buy another investment property.
There are other benefits of buying new house and land like: maximum depreciation allowances for tax deductions, less stamp duty, new home 6 year guarantee, more appealing for tenants, higher rent returns, lower maintenance, etc.
Our results speak for themselves. We could go on about tenth of thousands of dollars gains in equity, even prior to the property being settled and rental yields of 7% plus. But perhaps rather than us conveying what my appear as bragging, we feel its better to let some of the members of the group tell you what they think about the services and results achieved by Property Friends™.
Please refer to the Testimonials section on this website.
Plus, note that as we always say – it’s YOUR MONEY – do your own research – and if you want help, we can give you references where you can do independent research. it is important that you due your own due diligence and consult your own legal, financial and other advisers.
Sure you can…if you have the expertise, the contacts and the time. You will get something, BUT how do you know you can get as good a deal as we do.
Remember we invest together as a group to obtain significant discounts and a jump start to building equity. We welcome you to at least speak to us first. Our service could be something that fits your requirements and provides more benefits to you than trying to do it all yourself. We actually have a great testimonial from Garry Mayer that explains it very well, go to: https://www.propertyfriends.com.au/en/testimonials/view/10-garry-mayer
In fact we go one further — our promise is that if you don’t have at least two times our fee in equity by the time that the house & land package is finished – we give you our fee back (and you transfer the property to us) – no question asked!!!
The support we get from our ever growing group must indicate we are doing something right. We suggest our record of successful results and great service show we have the “runs on the board”. We take pride in providing a totally honest and ethical service. (Just check out the testimonials).