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Buying a Home can be a very emotional experience. Hence finding the perfect fit for you and your family can be challenging and daunting enough without having to worry about the burden of financial decisions. At NSM, we understand this only too well and through our unique and comprehensive process, we ensure that we provide you with the optimum solution on a case-to- case basis based on our clients’ individual circumstances and in the most timely and effective manner.
We achieve that by drawing on our extensive experience and knowledge base to assess each situation in detail. A bespoke solution is carefully crafted and our clients are guided through every step of the process from the initial consultation through to final settlement. Our approach has rewarded us with long-term relationships based on mutual trust and unpreceded expertise in the field.
An investment property is very different to a home, as is the financial structure required to make it a successful undertaking. A comprehensive assessment of a client’s situation is required to ensure that the property and finance structure are appropriate in achieving their personal objectives. At NSM, our business process is unique to the marketplace and is ideally suited to create a detailed and structured analysis of your personal cash flow to ensure a tailored and optimal outcome is proposed.
Our team of professionals are all qualified from industry recognised institutions. We have developed a unique process that leverages the unique skills of each team member to achieve a successful outcome on your behalf. Due diligence is conducted with the highest degree of professionalism to ensure that all aspects of the transaction are assessed in detail to ensure that you make a positive investment that complements your portfolio.
Frequently Asked Question
It is a detailed road map underlying what you want to achieve when you retire and how you can achieve your goals by investing in property.
A careful combination of capital growth prospect forecasting and cash flow planning with a cautious buffer for provisioning is the key. Each property will be considered based on affordability, ongoing management and maintenance cost, gross rental income (present and future) and capital growth prospects. Decisions are also planned and made so that the property held is deliberately intended not to adversely impact the borrowing capacity for the next one and so on.
The answer is not necessarily. What you should do first and foremost is talk to our experienced and accredited finance specialist about this option. For instance, understanding the difference between good debt and bad debt. Hence it is vital to get the right information and to make sure your specific situation is considered before partaking in any investment and our fully licensed investment mortgage brokers are here to help.
We will consider all assets on their merits, taking into account your motivation for considering them and more importantly the impact on your cash flow and your future wealth. As a rule of thumb, we are very cautious about off the plan investments and our primary reasons for applying caution are as follows:
- Many are sold directly by developers or developer's marketers and advice around their performance is sometimes pitched as 'free'. If anyone is giving you 'free' advice, you need to ask yourself if it is independent, unbiased and whether the advisor or their company are getting a commission, kickback, rebate or other interest from a potential sale.
- Banks are often tough on 'off the plan' sales. We do not like assets which banks 'disapprove', full stop. If it's hard for you to buy, it could be hard for you to sell and it will be hard for others in the block to sell too. These all have a flow on effect on the growth potential of an asset and hence we should always thread cautiously when considering off the plan properties.
- A sudden release of a large number of similar or identical units/apartments can compromise the value (both rental and sale) of the asset. To compound this, if a distressed vendor makes a distress sale, the lower sale price will have a direct effect on the value of your asset.
- We typically prefer assets with higher 'Land to Asset Ratios'. Come and have a chat with us about what type of assets fit this preference.
Investing in a property is a high value transaction and to make a mistake can mean tens of thousands of dollars lost, be it in terms of actual loss realised, capital growth missed out on or even opportunity cost. Furthermore, this can often mean irreversible damage to one's household. So often people build up their property portfolio only to find out later in life that they are equity rich but cash poor and therefore unable to realise their life goals and dreams.
At NSM, we have experience in dealing with these types of portfolios and will implement specific solutions to reverse the downside effects on behalf of our clients. Imagine how much better off they would be if a professional investment strategy was implemented right in the first place!
Our Property Plan aims to do exactly that. It involves hours of number crunching evaluations and several meetings to ensure we understand our client's cash flow position, available assets and liabilities and most importantly, your financial goals. We aim to ensure that you start your investment journey on the right foot and remain on track throughout your property investment journey whist being able to generate passive incomes for you and your loved ones.