FAQ

Many people have some savings and are unsure if it's enough. The answer varies depending on a few factors. Firstly, where you choose to invest is important—some areas are more expensive and require more capital, while others are more affordable. Secondly, your investment strategy matters. For instance, with traditional property investing, you can typically secure a 75% mortgage, meaning you'll need to provide a 25% deposit. Additionally, you should account for extra costs such as taxes, legal fees, and other buying expenses, which usually add up to about 5%.

Put simply,A property sourcing company identifies and secures investment properties on behalf of clients. These companies possess extensive market knowledge and often have access to off-market deals. They manage the entire process, from finding properties that match your investment criteria to negotiating the best price and ensuring the property is a sound investment. 

Using a property sourcing company saves you time and effort by allowing experts to find and assess properties for you. They have access to exclusive opportunities and a deep understanding of market trends, which can increase your chances of securing a profitable investment. Additionally, they can negotiate favourable terms and help you navigate the legal and administrative processes, reducing the risks involved in property investment.

A property sourcing company that offers renovation management will oversee the entire refurbishment process of your investment property. They handle everything from initial planning and budgeting to hiring contractors and ensuring the project is completed on time and within budget.

The benefits of using their renovation management service include saving time and reducing stress, as you won’t need to manage the day-to-day details. These companies often have established relationships with reliable tradespeople and can secure competitive rates. Additionally, their experience in project management ensures the renovation is completed to a high standard, potentially increasing the property’s value and rental yield.