Has anyone used Envisage Property Buyers agent

Hi all,

I’m a new member and first time investor living in the Maitland area of NSW and I’m currently doing my early research to get my first property hopefully in the next 12 months

I’ve been a long time listener of the podcast my millennial money and recently my millennial property and have come across one of the host John Pidgeon’s buyers agency Envisage Property

He seems like a really nice down to earth well researched property investor and would like to know if anyone has any experiences using this company?

As I’m new to property investing I would like use a buyers agent in order to use their skills to acquire a banger of a first property to get some good cash flow going that I just don’t have the knowledge of and time to research

I’m hoping to secure my first property in the first half of 2022 and maybe depending on lending and funds coming in secure a second property in the second half of 2022

I have also been listening to the boys on the property couch podcast and have contemplated approaching them but i have found some information on this forum saying that due to their overall popularity of the podcast they have taken on so many new clients and the wait time can be lengthy

Thanks for taking the time to read this and any helpful tips you could pass on would be much appreciated

 

I forgot to also mention that our borrowing capacity is currently $360,000 and while i realise that might be a bit limiting considering taking the buyers agent fee and all other associated costs like stamp duty and settlement might also take a bit out of the budget

I’m hoping that whoever we choose to go with will find us a really good cash flow positive first property

 

Hi Simon thanks for the response

I have no idea where I’d purchase but I know that is like to be a borderless investor and not just tied to the suburbs closest to me as it’s out of the budget.

Regional areas seem to be good performers with lower purchase cost from what I have heard so far

Like a few buyers agency’s sites I have looked at they seem to also service Australian wide

the property couch’s empower wealth also is based in Melbourne and based on an FAQ, do you service only Melbourne they say “Not only do we buy outside of Melbourne area such as Ballarat, Geelong and more, we will also board a plane and get an interstate investment property if that’s for the best interest of our clients.”

I’m assuming from what I’ve read and heard so far that buyers agents regardless of where they are located do the research for the client that they might not have time for suburb by suburb, state by state find them a good performing investment property

 

Thanks Simon

I’ll make sure to do some more reading as I’ve only come across this site in the last couple of days and not had a chance to really dig in

As I’ve got no preference on where to buy currently I had thought of going within or beyond NSW

My thought was to leave it up to a good buyers agent that’s trusted to act on my behalf and have my best interests in mind hence my post asking about Envisage

Back to Empower Wealth they do sound appealing in that they are larger and have more staff in hand and seem like a one stop shop with several other services if needed

Having watched a few of their seminars I like that they gather personal circumstances on the client to do what they feel is in the best interests of the client

thanks again

 

Did you end up engaging Envisage Property to secure a property? Or another BA?

 

Hi,

No i did not engage them.

I had a free initial chat and just didn’t get the best vibes

I ended up going through empower wealth who put together a property plan for my wife and I and also used their BA service

Couldn’t be happier with the process

 

Thank you for letting me know

Would you mind if I ask what Empower's fee was? I've been looking at them too

 

For the property plan its $4,950

Have a free initial consult and see what you think.

Pretty much the reason we went with them is because I didn’t want to be responsible for a multi million dollar mistake and we wanted it planned out in different “what if” scenarios

I’ve listened to the podcast and i trust their judgement

 

Yeah I am a big fan of their podcast. Recently purchased their arm chair book too which is next on my list to read

So circa $5K for the property plan. Mind sharing the fee for BA services?

Was there much of a wait time?

I am the same, don't want to make the mistake of buying the wrong property, so don't mind paying for the experiences of others with the pay off the future return

 

BA was very similar to other service around 15k with 1k off of doing a property plan

 

I am sure you are aware of it but technically, even with a paid property plan, they are still NOT responsible for any potential multi-million dollar mistake their plan leads to. So you need to supervise the adviser and make your own judgment on their advice.

 

Absolutely it’s paid advice

Much like you’d see a financial advisor and pay a fee this is no different

I know nothing is a certainty but it is more of a detailed conservative roadmap much like financial advisors services

 

Glad you experience with us was a positive one woody81.
Also thrilled you took action
Onwards and upwards
Cheers
Ben