1.
The first step in igniting your invest dreams, is to understand what your investment goals are. What will generate you the best return on investment? Where do you want to be in 5 years time? What’s your budget and time frame. Once we have collected this information from you, we can take the next step to find the right location and style of property for you.
2.
There is a lot of work that goes into finding the right investment to build on. You need to consider everything from the location, to size of the block, as well as how flat or steep the block of land is. Ignite Property is there the whole way to help you on this journey - often we might have access to land that’s not available on all the property websites.
3.
When you’ve found the perfect block of land, the next step is to find the best design that will make it appealing for tenants and future owners when you sell. How many bedrooms does the market want? How big (or small) do you want your house to be? Does the market want a stand alone house, a townhouse, terrace or unit. Then you need to consider the level of specification in the house. There’s a big difference between a Toyota Corolla and an Audi RS8. When investing, it’s best to choose what’s going to get the returns long term for you.
4.
Have you built your team? There are a number of people you need in your back corner when building. A good financier, solicitor, builder and someone to do your handover inspection. If you don’t have this team already in place, we have a good network of people we respect and trust that can help you on your journey. Let us know how we can help you get the ball rolling so you can make sure you’re making the best decision you can.
5.
Once the build gets underway, we are there to assist you make sense of everything that is happening. When to pay your progress payments, timelines on completion, how the build is progressing. We keep you posted along the way, building the anticipation until your tenants can move in and you can start planning the next move.
6.
As we near the end of the build, we will recommend a handover inspection to be done, from a licensed builder who will inspect the house for any defects so they are rectified before your tenants move in.
7.
Selecting someone to manage your investment property is critically important. You need to find someone who will give your new investment property the time and attention it deserves, and will ensure you get the best tenant possible with the highest return. We have great relationships with multiple property managers, and can help you on your journey to select someone who will be a great asset to your team.
8.
Once handover has happened, we are still available to assist with any issues, especially in the first 12 months when you are in the builders defect period.
Investing in QLD