I’ve Heard Bad Things About Off-The-Plan New Home Investments. Why Should I Consider It?
When things go wrong, it almost always comes down to one thing—the investor didn’t do their research.
It may seem crazy to put your money into something without researching everything carefully, but many busy professionals just don’t have the time, and even if there is time available, it can be hard to know exactly what to research.
As a result, a lot of people don’t know how to separate the good from the bad. They see dollar signs and get led along the wrong track. The good news is that, with a little bit of guidance, the upsides far outweigh the downsides.
In fact, if you know what you are doing, new home off-the-plan real estate can easily be the most financially rewarding investment available.
The Benefits Of Investing In Real Estate
When looking for a long-term investment to give you the financial security that will ensure your retirement is as enjoyable and worry-free as possible, real estate is right at the top of the list.
When it comes to savings, the truth is that the interest rates you get from the bank will never be as great as the returns you get from investing. However, with stocks and shares, the rule tends to be the higher the risk, the greater the returns.
Real estate, and particularly off-the-plan new home property, offers the benefit of great returns, without the same risks.
What is behind the low-risk and high-returns that real estate so often provides to the long-term investor?
The overall trend is always up
Most people know that buying in real estate is a good, stable, long-term investment. Even though the market does sometimes have corrections, when you look at the overall trend, then it is always up.
There will always be a demand for housing
The plain and simple fact of the matter is that people are always going to need somewhere to live. Not only this, but also the population is growing. This means there is an increasing need for housing.
You have an income-producing asset
With real estate you also have an income-producing investment that often produces greater returns than putting your money in the bank, and you always have an asset that you can sell if you need to.
As a result, investing in property is always going to be a winner.
Why Should I Choose Off-The-Plan?
We are extremely selective about the type of off-the-plan investments that we recommend. Our focus is purely on “house and land” and small townhouse developments, rather than a multi-storey unit investment.
There is a good reason for this. When you invest in an apartment in a high-rise block, you don't own any land, you just own a share of the complex. This means that you may have little control over the decisions made by the strata manager or the chairperson for the owners’ corporation.
With house and land off-the-plan investments, you own the land. This means that you are never at the mercy of the landowner. You have full ownership and full control.
As Mark Twain so rightly said, “Buy land—they’re not making any more of it.”
A Great Investment For Those “In The Know”
Investing in new homes off-the-plan offers many benefits that far exceed other investment strategies if you know what you’re doing!
The perception of new home investment is beginning to shift as people become more aware of the great returns, and how to access them. This means that there has never been a better time to invest.
To your success,
Tony Myers
Australia’s Authority On Real Estate Investment For Busy Professionals