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Buying your own home is an           just as long as you satisfy a      the weighting of strata fees,
emotional experience. You            few key criteria in the process.   land taxes, rates and location.
have a firm idea of the area
                                     Diversify to spread the risk       Location. Of course.
and the features you want,
                                     In the very first stage, you can   Don’t think you need to invest
but really, when it comes
                                     consider investing in a unit if    near to where you live. Sure it
down to it, your final               you already have a house, and      might feel safe, but
decision will be based on            vice versa. If you have a          remember, you need to
whether it’s ‘the one’.              number of properties already,      remove emotion from this
On the other hand, building a        look at the balance in the         exercise. According to The
property portfolio requires your     portfolio and what you want in     Eureka Report, an investment
utmost dedication to the path of     the new property. This will        property should be between 2
logic. If you have ever watched      take into account growth vs        and 12 kilometres from the
that British show on Foxtel -        income, and of course              CBD of a major capital city to
Property Ladder - you will know                                         always >>
that investors are prone to
making a mess of things the
minute they fall in love with the
investment property, or even
worse, see its ‘potential’.

Building a property portfolio will
always be one of the most
enriching and exciting ways to
secure your financial future,
<<     benefit from high            These considerations will help
                               demand, high land values and        you attract quality tenants and
                               growth.                             secure a longer lease.

                               Protect yourself                    Make a plan and stick to it
                               We discussed in a previous          Just like any business venture,
                               issue that Australians are one      a property investment carries
                               of the most underinsured            opportunity and risk. The most
                               nations in the developed            successful investors always
                               world. That doesn’t just relate     document their objectives,
                               to Landlord Insurance. Income       financial projections, timelines
Dayna Gilland (Savannah
                               protection is a must, and it is     and contingency plans so it is
Gilland above)
Reception/PA                   so easy to incorporate in your      much harder to get swept
                               superannuation that you would       away by emotional bias. And
Claim to fame
                               have to be mad not to make          the really clever ones give
Gel girl! Being a family
business, you understand?      this a mandatory part of your       their plan to a trusted friend
                               financial strategy.                 or adviser and have them
Me                                                                 challenge any decisions that
Have a passion for my career   Think about the tenants
                                                                   might be heading off track.
and value my family            After all, you are buying a
                               property for other people to        This is really just the
My favourite restaurant
                               live in, so have it clear in your   beginning of this topic but
Crowne Plaza (Pelican Waters
                               head exactly what kind of           we hope you find these
caloundra)
                               people you want to live there.      tips helpful. Please don’t
What I love about the Ocean    Build a picture around possible     hesitate to contact us if
Instant feel of relaxation                                         you would like more
                               professions, transport needs,
relaxation                                                         detailed advice on building
                               number of tenants and
                                                                   your portfolio.
                               features of the property.




                                                                   ECO TIP
DID YOU                                                            Buy a small
KNOW?                                                              composting bin for
Kissing at the conclusion                                          the garden – contrary to
of a wedding ceremony                                              popular opinion they don’t
can be traced to ancient                                           smell and the food
Roman tradition where                                              wastage breaks down to
a kiss was used to                                                 provide fantastic
sign contract.                                                     gardening material.
HOT SITES                              LINDA SAYS… KEEP IT STYLISH

                                    How long has it been since you                          Appliances
                                    looked at the furnishings in                            Along with the instant design
                                    your investment property? It’s                          refresh that comes with an
                                    no secret that décor will                               update to a stainless steel
                                    determine the type of tenants                           dishwasher or oven,
                                    and the rental return you can                           technological advances have
                                    achieve, so it is a good idea to                        brought us the washer/drier
                                    assess furnishings every couple                         combo. By going the extra step
                                    of years.                                               and giving tenants everything
                                                                                            they need in one spot, you can
                                    This month I’ll run through a
                                                                                            maximise on space and provide
                                    few ideas for keeping your
                                                                                            a convenience that many
                                    property on trend without
                                                                                            tenants will happily pay a little
                                    breaking the bank.
                                                                                            extra for.
                                    Window furnishings
                                                                                            If you give your investment a
                                    While vertical drapes and
Savings Guide Australia                                                                     bit of TLC with a quick and
                                    venetians were popular ten
is one site that definitely has                                                             budget friendly makeover,
                                    years ago, they can make a
something for everyone! It is                                                               you might just be surprised
                                    property look tired and dated
full of articles, tips, and tools                                                           at the results.
                                    now. Sheer fabrics are the
to help you save money on
                                    curtain of choice for property
everything from credit cards
                                    stylists these days - not only
and loans to general spending
                                    are they neutral, they highlight
and shopping.
                                    an outside view and can make
Don’t miss the Budget Planner       a room look larger.
either - it’s a ready made
                                    Another idea to consider is
spreadsheet that will take the
                                    installing wooden blinds. They
pain and procrastination out of
                                    offer a modern look without
your finances.
                                    raising the budget through the
savingsguide.com.au                 roof and you can get them in
budgetspreadsheet.com.au            stores like Target, Kmart,
                                    Ikea and Freedom just to
                                    name a few.


                                    LJ Gilland Real Estate Pty Ltd 4 Budgeree Street, Zillmere 4034 Queensland linda@ljgrealestate.com.au

                                    Whilst every effort has been to ensure the accuracy and completeness of the information, no guarantee

                                    is given nor responsibility taken by LJ Gilland Real Estate Pty Ltd nor apmashere.

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Sept Expresso2

  • 1. Buying your own home is an just as long as you satisfy a the weighting of strata fees, emotional experience. You few key criteria in the process. land taxes, rates and location. have a firm idea of the area Diversify to spread the risk Location. Of course. and the features you want, In the very first stage, you can Don’t think you need to invest but really, when it comes consider investing in a unit if near to where you live. Sure it down to it, your final you already have a house, and might feel safe, but decision will be based on vice versa. If you have a remember, you need to whether it’s ‘the one’. number of properties already, remove emotion from this On the other hand, building a look at the balance in the exercise. According to The property portfolio requires your portfolio and what you want in Eureka Report, an investment utmost dedication to the path of the new property. This will property should be between 2 logic. If you have ever watched take into account growth vs and 12 kilometres from the that British show on Foxtel - income, and of course CBD of a major capital city to Property Ladder - you will know always >> that investors are prone to making a mess of things the minute they fall in love with the investment property, or even worse, see its ‘potential’. Building a property portfolio will always be one of the most enriching and exciting ways to secure your financial future,
  • 2. << benefit from high These considerations will help demand, high land values and you attract quality tenants and growth. secure a longer lease. Protect yourself Make a plan and stick to it We discussed in a previous Just like any business venture, issue that Australians are one a property investment carries of the most underinsured opportunity and risk. The most nations in the developed successful investors always world. That doesn’t just relate document their objectives, to Landlord Insurance. Income financial projections, timelines Dayna Gilland (Savannah protection is a must, and it is and contingency plans so it is Gilland above) Reception/PA so easy to incorporate in your much harder to get swept superannuation that you would away by emotional bias. And Claim to fame have to be mad not to make the really clever ones give Gel girl! Being a family business, you understand? this a mandatory part of your their plan to a trusted friend financial strategy. or adviser and have them Me challenge any decisions that Have a passion for my career Think about the tenants might be heading off track. and value my family After all, you are buying a property for other people to This is really just the My favourite restaurant live in, so have it clear in your beginning of this topic but Crowne Plaza (Pelican Waters head exactly what kind of we hope you find these caloundra) people you want to live there. tips helpful. Please don’t What I love about the Ocean Build a picture around possible hesitate to contact us if Instant feel of relaxation you would like more professions, transport needs, relaxation detailed advice on building number of tenants and your portfolio. features of the property. ECO TIP DID YOU Buy a small KNOW? composting bin for Kissing at the conclusion the garden – contrary to of a wedding ceremony popular opinion they don’t can be traced to ancient smell and the food Roman tradition where wastage breaks down to a kiss was used to provide fantastic sign contract. gardening material.
  • 3. HOT SITES LINDA SAYS… KEEP IT STYLISH How long has it been since you Appliances looked at the furnishings in Along with the instant design your investment property? It’s refresh that comes with an no secret that décor will update to a stainless steel determine the type of tenants dishwasher or oven, and the rental return you can technological advances have achieve, so it is a good idea to brought us the washer/drier assess furnishings every couple combo. By going the extra step of years. and giving tenants everything they need in one spot, you can This month I’ll run through a maximise on space and provide few ideas for keeping your a convenience that many property on trend without tenants will happily pay a little breaking the bank. extra for. Window furnishings If you give your investment a While vertical drapes and Savings Guide Australia bit of TLC with a quick and venetians were popular ten is one site that definitely has budget friendly makeover, years ago, they can make a something for everyone! It is you might just be surprised property look tired and dated full of articles, tips, and tools at the results. now. Sheer fabrics are the to help you save money on curtain of choice for property everything from credit cards stylists these days - not only and loans to general spending are they neutral, they highlight and shopping. an outside view and can make Don’t miss the Budget Planner a room look larger. either - it’s a ready made Another idea to consider is spreadsheet that will take the installing wooden blinds. They pain and procrastination out of offer a modern look without your finances. raising the budget through the savingsguide.com.au roof and you can get them in budgetspreadsheet.com.au stores like Target, Kmart, Ikea and Freedom just to name a few. LJ Gilland Real Estate Pty Ltd 4 Budgeree Street, Zillmere 4034 Queensland linda@ljgrealestate.com.au Whilst every effort has been to ensure the accuracy and completeness of the information, no guarantee is given nor responsibility taken by LJ Gilland Real Estate Pty Ltd nor apmashere.