Hi from Melbourne

Hi All,

I'm planning to buy an investment property in Perth or Sunshine Coast. Not sure where yet. I've done a little bit of basic groundwork and these two areas seem to be a bit promising. Very new to this whole investment property space and there's just so much information and advice online that it's overwhelming. Very nervous but hopefully will make the right decision
Would it be better to pay someone/use an agent to try and find the best option or should I just research everything by myself? I've got plenty of time but very nervous I might end up choosing the wrong area.
I've looked at a few BA companies like A-Team Property investment group and Australian property advisory group but they all seem to have so many conflicting reviews and ratings so not sure what to believe. Such a nightmare.

Anyone know of any good BA companies or are they not really worth it?

Thanks in advance

 

Welcome!

There are a few great BA's here that you can start the conversation with, check the business directory

 

Great thanks will do

 

Welcome aboard

Cheers

Jamie

 

Hi Melany and welcome to the forums!

A BA can seem like an easy choice (and they can be really good) BUT - using one won't make your subsequent purchases any easier (unless you hassle them at every step and come out the other end with a heap more knowledge than you went in ) and there's no guarantee the property will be awesome 'just' because a BA bought it.

I have investors who bought with a certain big name BA - and their properties haven't grown enough over the last 3 years to get any equity out of.

In MELBOURNE.

In the middle of a boom.

So...

If you have time, I'd learn to research so you have the skills moving forward to buy great property on your own.

If you hate research though, and would rather risk buying a crap property than spending the time to learn, then a BA is probably a good idea.

 

Hi Jess,

Thanks for your advice. Definitely planning to do a lot of research on my own before I jump into this

 

Hi Melany,

How did you go with this? End up deciding?

 

Hi Melany,
I am also looking to invest in a property on the Sunshine Coast. I am struggling to choose which buyer's agent to use up there. Did you end up finding a good one?

 

There is a lot of resource on this forum to guide you as well as people who can handhold till you can walk (decide) yourself. Ask more questions. Do your due diligence. You will be fine.