Investor

Investor

Using a building broker for your property investment?

Read on to find out what a building broker is, why you should consider using one when purchasing an investment property, and why we think Better Way 2 Build offers a superior service.

Why invest in WA?

Perth: A City of Value and Growth Opportunities

Perth stands out among other capital cities, as it continues to offer abundant value and presents promising prospects for strong capital growth throughout the year. According to the Real Estate Institute of Western Australia (REIWA), property values are projected to increase by 10%.

What sets Perth apart is its affordability, making it the most affordable capital city to enter the investment market. The region is experiencing substantial investments in various industries, attracting a significant influx of workers and families. In fact, the projected population growth has led to plans for constructing approximately 22,000 additional homes to meet the rising demand.

As a result of this population surge, rental properties are in high demand, leading to historically low rental vacancy rates in Perth. This favorable market condition creates an opportune time for prospective homebuyers to make their move and invest in the Perth housing market.

With the combination of value, projected capital growth, and the current rental market dynamics, Perth offers an appealing landscape for those considering buying a house. Embrace the opportunities and potential that Perth has to offer as you navigate the real estate market.

Investment Property Perth

Discover why Perth is an excellent investment option.

WA Places To Visit
WA Suburb Profiles

Start investing today!

The Usual Home Building Process

item2-3

Step 1

Visit display homes and go online for inspiration.

item2-7

Step 2

Talk to the bank or broker to establish budget & expected rent.

arrow-updown

Step 3

Visit multiple displays confirming what’s achievable.

document2

Step 4

Sign up for a new investment home with a builder.

How investors can save by building a new home

Key Considerations for Building an Investment Property

Building an investment property requires a different approach compared to buying a home for personal use. Here are some important factors to consider when embarking on an investment property project:

budget-friendly-investment

Location

Rentvesting allows you to purchase an investment property that aligns with your budget. Instead of trying to afford a home in your desired location, you can invest in a property that fits your financial capabilities. This investment property can potentially generate rental income and contribute to your long-term financial goals.

balancing-priorities

Property Size and Design

Opt for a property with a size and design that appeals to a broad demographic of potential tenants. For instance, a four-bedroom home with a separate living area can accommodate families, professionals, or shared households, increasing the pool of potential renters and reducing vacancy rates.

lifestyle-focused-renting

Reduced Maintenance Costs

Consider the amenities available in the area and their appeal to potential tenants. Properties near schools, shopping centers, and hospitals tend to attract a wide range of tenants, such as retail workers, teachers, and healthcare professionals. For example, if you aspire to live in the vibrant heart of inner-city Perth but find purchasing a house there financially challenging, rentvesting enables you to rent a property in that desirable location. This way, you can enjoy the lifestyle you desire without compromising on your immediate housing needs.

balancing-priorities

Fixed Price and Turnkey Builds

Consider opting for a fixed-price and turnkey build, as it ensures cost certainty throughout the construction process. With a turnkey property, essential features like landscaping, window coverings, and air conditioning are included, allowing you to quickly prepare the property for rental and start earning income without additional expenses.

Thorough research and due diligence are crucial to mitigate risks and maximize the benefits of investing in a new home. By carefully considering these factors, you can make informed decisions and increase the potential for successful returns on your investment property.

Investing in a new build rather than an established home can offer significant savings.

Opting for a new build rather than an established home can bring various advantages and savings. Here are some key benefits to consider

Upfront savings: Purchasing a property "off the plan" can result in significant upfront savings. You only need to pay stamp duty on the land value, potentially saving you a substantial amount. Consider using these savings to enhance your property's appeal by upgrading fixtures and fittings in the bathroom or kitchen, adding value and attracting potential tenants.

Reduce maintenance costs: Building a new investment property means less hassle and lower ongoing maintenance costs compared to older, established homes. With a new build, you benefit from modern construction techniques and materials, reducing the need for immediate repairs. Additionally, the inclusion of new appliances with warranties eliminates concerns about replacing outdated or faulty appliances.

Overall savings:  Another advantage of investing in a new home is the absence of additional costs to prepare the property for tenancy. By choosing a reputable builder, you can save significantly on renovation or refurbishment expenses. A well-designed new build in a desirable location with ample amenities can attract tenants easily, minimizing the time between purchase and rental income.

Investing in a new build offers not only financial savings but also peace of mind. With lower maintenance costs, improved energy efficiency, and the opportunity to customize certain aspects of the property, you can maximize your investment returns while providing a desirable living space for tenants.

Why using a building broker is important for investors

Even experienced investors and builders can benefit from a building broker, particularly if buying from outside WA. Each state has different building rules and regulations, and brokers know the local laws to ensure your project doesn’t experience any issues.

The average investor purchases five or six properties over their lifetime. In contrast, a building broker can buy between 50 or 60 properties each year. Not only does this mean thousands of property inspections and hours of negotiating with builders, but it also means reading through contracts to ensure their clients get the best deal possible.

As an investor, it’s essential to have a trusted and knowledgeable expert who can help you find the ideal investment property. One that aligns with your strategy to build wealth. A building broker offers you objectivity, so your deal is based on sound judgement rather than emotions.

How investors can save by building a new home

Building brokers work independently from builders, so they look out for your interests, not the builders. Besides acting as a buyer advocate, they also offer lots of benefits, including:

Saves time

Building brokers can search and inspect properties on your behalf, saving you time looking at properties that don’t fit your investment requirements. They’ll also do all the due diligence for you for the project.

Reduce stress

Using a building broker helps reduce building stress. They’ll not only provide sound advice but advocate for you with builders if there are any issues to ensure the best possible outcome for your build.

More options

Building brokers are always looking for new listings in their local areas. Some listings are private, as sellers don’t want the attention to post their properties online. Hiring a building broker means you get the choice of a broad selection of properties.

Get a better deal

A strong understanding of property values is essential for negotiating and determining property prices. A broker will work on your behalf to get you the best deal. Using a broker also helps to ensure you won’t overpay, because you’re working with a trusted partner who is there for you, not the builder.

Seasoned negotiations

Building brokers know if the asking price is fair and will provide you with expert advice based on current market conditions. They’ll handle negotiations on your behalf to ensure you get the best deal with selling agents.

Benefit of experience

Experienced building brokers know what to look out for when dealing with builders. They know how to counter offers and are familiar with all the industry jargon selling agents and builders use.

Solid recommendations

Building brokers give you access to a network of real estate professionals such as building inspectors, solicitors and lenders, which means there’s always plenty of help to support your build.

Manage the paperwork

When you purchase an investment property, it means dealing with paperwork. Depending on your building experience, some terms can be challenging to understand. A building broker can help you through this process.

Why Better Way 2 Build?

Perth's #1 Building Broker

At Better Way 2 Build, we aim to ensure our clients get the best possible outcome for their investment property. Our experience helps investors find the right builder to build a new home that meets their investment needs.

All our brokers are local, so we can keep your build on track even if you're outside WA. We'll keep your project on schedule, visiting the site and addressing any issues or concerns on your behalf. We'll even help you find the right real estate agent to lease your property on completion.

Our values-driven approach and experience mean we recommend high-growth suburbs in Perth and WA that appeal to renters. Working with us guarantees your property is ready to rent on completion, so you can start earning an income as soon as possible.

smile

Free

Free, no-obligation service

heart

Honest

Unbiased, honest advice

group

Listen

We really listen

award

Quality

Top quality pool of builders

rocket

Time

We save you time and effort

calculator

Finance

In-house finance

badge

Experience

Experienced team

peak

Support

We advocate for our clients

Investor Finance

Our typical approach when working with investors is:

  • Assess the market to understand what you can finance, including researching areas that best suit your needs or will realise the highest future returns. We can give you a quick whole market review with a no-obligation call-back at a time that suits you.
  • If you’re interested in proceeding, we’ll arrange an assessment of your financial situation, asking some basic questions to assess your credit score and serviceability to determine your borrowing capacity.
  • Create a personalised buying plan to help you meet your investment goals, including calculations about estimated repayments, your borrowing capacity and requirements for a deposit.
  • Hold an information session to discuss your requirements and financial situation, including your purchase timelines and the pros and cons of different lender options.
  • Arrange pre-approval, and once we find the land for your investment, help you apply for your loan.

Want to find out more?

Not all building brokers work for their clients, but with Better Way 2 Build, we’re your advocate to ensure you get the best deal for your investment property. We’d love to hear from you. Complete our online form or call us on 08 6118 6119.

Our Process

First homebuyers deserve better. We know this from experience.

That’s why we make it easier for you to make smarter decisions. Here’s how we help find the best solution just for you.

smile

Step 1

Chat with you about where you’re at and exactly what you need.

item2-6

Step 2

Explain the benefits of using us as the “advocate” between you & the builder.

circ

Step 3

Explain how the whole building process works from start to finish.

item4

Step 4

Chat hidden costs and loopholes, what your budget allows you to design & build.

peak

Step 5

Find a land option based on your budget and requirements and put it on hold.

pencil

Step 6

Create a tailor-made house and land package with your best choice of builder.

signdocs

Step 7

Sign the land contracts and introduce you to a land broker.

user

Step 8

Sign building contracts and introduce you to your builder.

Stop Renting?

Christine Cappas
Christine Cappas
Mike is a truly genuine person who cares about his client. From the start he was very transparent and let me know how everything works, he is very knowledgeable and knows his stuff! I completely trust him in buying and buying my first home
Monserrat Reuter
Monserrat Reuter
I built my first home all on my own thanks to Sev and Marlise. I don’t even know where to start as words cannot describe how grateful I am that I found these two. To build my own home was only a dream that Sev and Marlise helped make into a reality. The unconditional support and dedication towards whatever I needed throughout the whole process made me feel so safe and looked after. Even though I built my dream home on my own it never felt that way, it didn’t matter the time or day, these guys went out and beyond for me with every detail and step of the process. They are people of their word that you can genuinely trust in this dog eat dog world. They are upfront and honest, it was never about the money but how you felt leaving their office. I had many friends and family tell me about the awful experiences they had building with other companies, so naturally I was a little frighten and on guard but Sev me Marlise squashed this with one meeting. But the biggest thing I can say about Sev and Marlise is that my experience was incredibly fulfilling and wholesome and I am so grateful for them and their expertise and professionalism. If I ever decide to build again I know exactly where to go! Thank you guys so much for all the love and support which has continued even after the build. Much love to you all!! 😊
Ashley De Faria
Ashley De Faria
Sev and Marlise were so incredible throughout our time with them. We’re so happy that we got to work along side an epic team. My partner and I had a vision, Sec and Marlise happily put up with our pickiness and changes (including after hour messaging), and did everything they could do bring that to life. They are so warm and welcoming too making this whole crazy big process more enjoyable. I couldn’t recommend these two enough!
Raphaela & Amelia Jay
Raphaela & Amelia Jay
Mike was wonderful from the beginning and still helpful. We were about to give up Building but Mike assured us that he will definitely make it happen. Thank you Mike
Errin Patsy
Errin Patsy
Contacted Mike by chance for a new build and was met with honest and factual help. Excellent follow up and support, Mike is reliable and will go out of his way to get the best deal.
Rhys Crawford
Rhys Crawford
Mike has been helpful and reliable in getting my first home build started and well on its way to a timely completion. I recommend his services to anybody looking to build a new home!
Natasha Hanisch
Natasha Hanisch
When searching for a home loan you need to be able to rely on someone you can trust to be able to present you with all the options available and give you the right information to make the right decisions. Mike King from Better Way 2 Build is able to do all of this and so much more, with his extensive experience and knowledge he was able to answer confidently and made us feel at ease using Better Way 2 Build. Everything was handled quickly, efficiently and his customer service is the best you could find anywhere else. "Thanks Mike for helping change our lives.”
Mk Ultra
Mk Ultra
Mike King has helped my little family get into our own home by guiding us through everything that is to know for building a house. I did not know anything about building, I was shown and given 100% support for the process of owning my own home and I am still being supported during the build. I was given an amazing package deal much cheaper then I predicted with heaps of extras, in the location I wanted. Mike King has made it easy to understand the process and I would highly recommend him.