Here’s Our Simple 7-Step Process To Owning An Investment Property.

It All Starts With One Phone Call. Ring Us To Find Out If You Qualify.

Here are the 7 steps:


Step 1: Do you qualify to become one of your clients?

We speak on the phone first to ensure you qualify as a client. That saves you, and us time. Our criteria is simple:

  • Do you earn $60,000 or more (as a household)
  • Do you have $100,000-$200,000 equity in your home? (Equity is the figure you get when you take the value of your home and minus what you owe on it).

This figure is not always easy to work out and there are other a couple of other aspects that need to be considered, so it’s best to give us a call and we’ll help you with it before we get started.

Step 2: You choose your house and location:

If you qualify, we’ll take you to our display homes so you can see exactly what your new property will look like. We’ll then show you the blocks of land we recommend for the highest possible growth.

Step 3: We find you a loan and you secure it with a deposit of just $1,000.

We’ll help you find a loan from one of our 30 lenders on our panel. Sit back while we do the running around for you. You put down $1,000 to secure your property and we do the rest for you.

Step 4: Your house gets built in 7-9 months for a fixed price.

We supervise and monitor every aspect of the building so you don’t have to worry about it. We use two independent builders for all our projects so you can rest assured they give us the very best prices and use the highest quality materials. No short cuts here.

 

Step 5: We find you a tenant. And pay your rent if we can’t.

Before your house is even built, we are advertising to find you the perfect tenant and even if we don’t find you one (which is highly unusual) we’ll still pay you market rent for 5 years. How’s that for peace of mind?

Step 6: Your tax bill decreases.

When your house is finished, you’ll start to qualify for a range of tax deductions. We liaise with the ATO for you and before too long, you’ll most likely start to see your weekly tax bill decrease. Obviously conditions apply but for many of our clients, their weekly tax bill is reduced to zero or close to it.

Step 7: Job completed. Time to buy another one!

Now that your tenant is in and the tax bill is looking decidedly healthier, it’s time to consider buying another one. Many of our clients have multiple properties with us – why not you?

Call us on 03 9702 5555 to arrange your free, no obligation meeting or email us at info@legalandgeneral.com.au




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