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Tuesday, 18 June 2019
Agent Resource Center
This Old House - Do-it-Yourself

Real estate is the ultimate investment… at the right time

Written by Posted On Wednesday, 12 June 2019 22:04

Investing in real estate can be a whole lot of organised chaos. There is a lot that comes hand in hand with the decision to even remotely consider entering the real estate game. With so many moving pieces, it is not at all unusual to feel overwhelmed at the sheer volume of it all. In fact, it is more uncommon not to feel it. There is a lot of advice about when to enter the investment pool and become a buyer. Most of the advice is white noise for the most part, but there are also some pieces of advice when it comes to real estate that are worth their weight in gold – especially to individuals who are interested in becoming buyers.

Consider all the factors before getting too headstrong

Real estate is the ultimate investment…at the right time. Not unlike any other market, there is something to be said about knowing the right time to invest in real estate. There are rises and dips in the real estate market, it is true, and these leaps and falls can mean the difference between realising the dream and living it out perfectly, and buying at a price much too high and struggling to maintain the dream thereafter. So, before making any big decisions regarding real estate and investment in the industry, consider all the factors. Go over them. Familiarise yourself with them. And then plan your movements from there.

Making sure that you choose the right property

There is something exciting about finally being in the position of being able to afford to buy a property. This excitement can sometimes lead to overexcitement, which can result in jumping the gun and buying real estate that ticks some, maybe most, of the boxes, instead of the property that has it all. Choosing the right property is paramount, because real estate is the biggest and most enduring investment you are ever likely to make, so it pays to make the right choice – even if that takes a little more patience and time than you expected it to. The right property is worth the wait, and you have worked hard to be able to afford it…so make sure you love it, that it has the potential to be your dream home, or do not buy it.

Understand what you want from your next purchase

When you are ready to consider investing in real estate, take a step back and think about what you want out of the property. Do you want a fixer upper, or a home that is ready to move into, with no foreseeable renovations? Make sure that you really know what you want from your next real estate investment, because it will make the impending search far easier. Regardless of if that means hiring custom home builders to bring the property to life, or simply adding a few finishing touches to the existing structure yourself, there is something exhilarating about bringing your dream home to life. The same can be said for knowing how you are going to realise that dream.

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Craig Lebrau

Assistant Director (Landed Property) for Mourne Property Co. (Sydney) from 2001-2015. Founded and led Lebrau Estate Agents from 2015 until now - a boutique real estate firm serving private buyers.  

I prefer not to disclose social profiles as they delve into my personal life, however please feel free to get in touch via email at craiglebrau@gmail.com.

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