Multiple property purchasers (Portfolio Builders)
Two brothers that knew they wanted to add to their property portfolio, but wanted step by step guidance throughout the process.
The main goals
After several face to face meetings, phone conversations and completion of a full Finance Fact Find, we were able to get a firm understanding of their medium-long term aims:
What was done?
The Dimoski Brothers are a good, balanced pair in terms of borrowing capacity as one brother is stronger in equity, while the other is stronger on income.
This led to Vision and the Brothers being suited to a number of property types, giving Vision the opportunity to mix it up to achieve the same balance required to continue borrowing for portfolio growth.
First up was a duplex. Why?
They provide a great combination of strong yields whist providing the added potential benefit short term uplift in value due to the one property becoming two.
Second property was a Dual Occupancy property. Why?
They provide amazing yields that generate positive cash flow from day one. Going forward these are properties that deliver the rental returns required to meet the Dimoski passive income objectives with less capital / money invested. Dual Occupancy Homes achieve this from receiving two lots of rent from a standard building block.
Third property was a well-positioned luxury inner city apartment in Brisbane. Why?
Capital growth with reasonable yields. The apartment specifically targets the downsizing cashed up baby boomer with a developer that has consistently outperformed the market on returns for investors.