Problems Propellor Property Investments Addresses
Real estate investing is a powerful way to grow your wealth, in part because a big part of the initial investment will be covered through a bank loan. From there, you can enjoy 100 percent of the gains on the property whether in the form of rental income or asset appreciation without paying 100 percent of the upfront purchase price. However, there are a few challenges to real estate investing challenges that we eliminate or minimise at Propellor Property Investments. These include:
- Lack of clarity on the right investing strategy: Before you start hunting for investment property in Hamilton, Wellington, Christchurch or other New Zealand locales, it’s essential to determine what you want to accomplish with your real estate investing. At Propellor, we work with our clients to understand their investment goals and timelines. From there, we craft bespoke investment strategies for each client.
- Difficulty finding high-potential property investments: The real estate market right now is booming, which means there are a lot of properties in which you could invest. The question is, should you? We help you cut through all the noise by perusing the market on our own and doing complete due diligence on any property before we offer it to our clients. The result, for you, is that you end up with qualified investment leads that match your strategy.
Put simply, when you hire Propellor, we do most of the work for you! You get to sit back and be more of a passive real estate investor.
Common Mistakes People Make Regarding Investment Property in Wellington
Just like you shouldn’t buy an investment property in Christchurch or Hamilton without having a detailed investing strategy in place, you also shouldn’t fall victim to any of these common real estate investing errors:
- Dive too quickly into the house-flipping game: A series of different TV shows have helped make the practice of house-flipping one of the more visible types of real estate investing. They’ve also made it look very profitable, but the truth is that buying a fixer-upper and renovating it to sell for a gain can be quite risky. Not all old, rundown homes are created equal, and some might have bigger issues and more expensive fixes than you think. Doing due diligence on every property you consider for investment purposes something we do for you at Propellor is essential for this reason.
- Trying to do everything yourself: One reason property investors in Wellington love Propellor is that we take care of everything. Clients get full due diligence documents and services including a mortgage broker, accountant, solicitor and property manager. When you try to do everything yourself from finding the properties to hiring the solicitor to acting as a landlord your time investment goes up, and your investment returns go down. We know how to handle this process as well as anyone in New Zealand; why not trust us?
Why Choose Propellor Property Investments?
Propellor Property Investments is the go-to real estate investment firm for property investors in Christchurch, Wellington and Hamilton. Our Principal, Nikki Connors, has been dubbed the Queen of Property in New Zealand, and our track record of success for our clients speaks for itself. If you are exploring investment property in Wellington, contact us to start things off the right way.
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