DD: Welcome to Jason Dwyer, managing director of station
sponsor, Dwyer Property Investments.
Jason, it’s fair to say you’re an expert on the Sunshine Coast property market...?
JD: I believe so, Des. I grew up on The Coast and have been involved in the local property market, most of my life. My brother, Wayne, owns one of the most trusted building companies on The Coast – Dwyer Quality Homes – and it’s been in our family for thirty-five years.
DD: A few weeks ago, we talked about three simple, but essential steps to investing in property. I think it’s worth revisiting the second step – understanding the financials – because that’s something people can trip-up on.
JD: Bhat’s right, Des. The financials are a step in the process that is often overlooked. Some investors, for example, jump straight into looking for a property. But it’s vital to understand the financials, because the numbers will guide your whole investment strategy or plan.
DD: So, what does step number two involve, exactly?
JD: We’re talking about a full financial report that includes figures, such as property costs, loan costs, your income, loan type, rates, insurance, and so on. The report will also show tax benefits like depreciation, rental yield, cash flow and, most importantly, your net income, plus, potential capital growth. In short, it will tell you what your financial outlay will be, before you commit to buying an investment property, and how your asset could gain in value, over time.
DD: How is the report produced?
JD: I put it together with interested investors via video, using a demonstration property, first off – just to show them how it all works. Once we’ve selected a property that suits their financial goals, we tailor the figures to suit. It’s also a good way to compare different property options.
DD: And what does it cost to produce an important financial report like that?
JD: Nothing! It’s part of the service we offer, Des. A free, thirty-minute consultation via video call is all it takes to get started.
DD: Thanks, Jason. If our listeners want to know more about the financial benefits of investing in property…?
JD: Just visit the Dwyer Property Investments channel on YouTube, or they are most welcome to call me, for a free financial report.
DD: Jason Dwyer, from Dwyer Property Investments. Look forward to catching up again, next week.