Over the past 50 years or more I have lived in, sold and invested in many properties both in Australia and overseas.
As stated in my book I did make mistakes but fortunately learned from them.
I guess if you ask me what the major things I learned about investing were, my response will be “Buy quality” and “Buy and hold”.
Quality has to include not only the property build but the property location. Both to be carefully researched to ensure that the highest standards are maintained.
We are now living a time when government initiatives may change the benefit of negative gearing for those who currently enjoy it.
As I have often stated, negative gearing is not the pathway to property wealth – it is an aid to reducing the cost of the investment. Current rental returns and interest rates at a low level have more than often produced positive cash flow for the majority of investors.
Capital gain is the key to property wealth and that is obtained not through high rental yields but through careful location selection and maintenance and care for the property so that it will always remain to be one of the best of it’s type in the area. Buy quality.
In our business we have to be scrupulously fair, observant and relentless in the search for quality, both in location and build. We do not support any one builder or developer and, for the past 20 years, have not recommended a builder openly.
For the first time I have identified a builder, their products and the locations in which they build. I call it ‘A touch of class,’ because it is great for us to be able to recommend a builder without hesitation, knowing that not only is their build of the highest quality but their customer service is second to none and they present locations which will truly provide the best growth and yield we seek.
We recommend owner/occupier specifications and inclusions only because we want the property to stand out for quality and to compete as one of the best in the area at the time of sale or bank valuation.
Location is the key task. With all this talk about where an investment property should be located to obtain the best outcome, owner/occupied properties must also perform to provide the best outcomes at sale time.
So, here is a builder providing the highest quality for the price to both investor and owner/occupier, providing the owner/occupier with the frills they may require and the investor with a quality property which will sustain value and rent return in locations we endorse.
Who are they?
We will let you know if you contact us
Here’s to quality
Don Duncan F.A.I.M.
Don is the Principal Consultant at Meredon Consulting, with over forty years experience in developing successful residential property investment strategies, and extensive experience in the financial sector, Don is uniquely qualified to provide you with the best property investment advice available. He is supported by experienced property investment consultants in both Brisbane and Sydney. Don is a Fellow of the Australian Institute of Management, and a qualified Trainer of Trainers. In addition to this Don has also been an active member in the community, he was a member of Rotary International and Past President Toastmasters Territorial Council of Australia.