Every property investment is made with some goal and intentions. The complete investment process is about setting and defining what one want to achieve and based on the goal, specific steps should be taken to reach that outcome. Setting of goal is an important step to achieve financial freedom through property investment. Any investor who is thinking to invest may have intention to achieve financial freedom in long run or to be in possession of fixed number of properties or to earn passive income. Clarity of intention motivates and also guides an investor to achieve the goal and have a winning position at the end. So, achieve the goal, a strategy is required. If investor is new to investment field, it is good to consult and follow property investment strategist.
Who is a property investment strategist
A property investment strategist is a consultant or expert who offers expert advice and makes strategies for the investor clients by guiding them on various real estate investments and helping them to make informed decisions thereby maximize returns and manage risks.
Role of property investment strategist
Since Strategic planning is essential in achieving financial goals in property investment, Invest strategist plays a crucial role. He has thorough understanding of the market, the available financial resources of clients and their risk tolerance capacity. These experts perform various functions.
• Defining the investment strategy
The experts make investment strategy based on the investment goals, financial situation, and risk tolerance of investors.
• Research the market
Property investment strategist knows the trends and has conducted various researches on the property market. Hence they have idea of the areas that have good growth potential and rental yields.
• Meeting the investment criteria
Based on different investment criteria of investors, they find the right type of property and location which gives better rental yield, and potential for capital growth.
• Framing financial plan
These experts are also entrusted with forming financial plan as per the budget, sources of finance, and expected returns as desired by the property investors.
• Guiding on various sources of investing in property
Property investment strategist also guides the investors on various sources of investing such as to buy property with SMSF.
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