Location, location, location! We hear it all the time, but what does it mean?
• Infrastructure - What is going on in this location? What is the local council doing? Is the government investing money and resources into the area? If your answer is yes to these questions, it should be a safe bet that property in this area will show capital growth in the future.
I'm not saying never buy a property with the above, but be smart about what you're paying for it. Also, be aware that you will have a more limited pool of buyers or tenants than you normally would. It's like monolithic clad buildings; they will also sell, and there will be buyers, but a limited number of them. Fewer buyers equal less competition, which equals less price. It's just the way it is.
We moved our business accounting to GRA twelve months ago and have never looked back. Matthew Gilligan and his team have consistently provided us with honest straight forward advice and have proved themselves to be honorable, trustworthy and efficient in all matters to date. The point of difference for us is that GRA do not charge their clients for every question asked (like most other accountants) which allows for better communication and understanding of how to run a successful company. GRA have impeccable time management systems in place and their customer service is outstanding. I recommend them to any other business that wants good solid advice with the aim of business success, asset protection and opportunities for sound investments. - A Ellis – EC Flooring Contractors Limited
Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.
We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.
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