Investing in Property: A Strategic Move for Nurses
Leveraging Your Career in Nursing for Property Investment
You don’t want to be working the night shift in your 50s. You need freedom of choice, especially as you move through the years.
For nurses, property investment isn’t just a financial decision; it’s a step toward long-term security and wealth building. Your dedication to healthcare provides unique opportunities in the property market. Understanding these can transform you from a homeowner to a wealth accumulator.
The Power of Property Investment for Nurses
Building Wealth Over Time
Property investment is a proven method for wealth accumulation. Lender breaks for registered nurses are an advantage here.
Using Home Equity
Already a homeowner? Your home’s equity can be a springboard into property investment, providing a deposit for your investment property.
Understanding the Market
The real estate market can be complex, but, with our expertise, we guide you through the nuances of making smart choices when it comes to financing your investment property.
5 Key Considerations for Nurse Investors
1. Your Long-Term Plan and Objectives
The biggest mistake many property investors make is buying one investment property at a time in an area they know. Investing in property should be like a business – start with the end in mind. That is, where do you want to be with your property portfolio in 10 years’ time?
2. Plan
Our planning process kicks in here. We start with your objectives and then work through your key economics, such as borrowing capacity, purchase price, repayment, and plan your next steps from there.
3. Capital Growth vs. Rental Returns
The way to build true wealth from your property is through capital growth – how much your property increases in value over time. Rental returns are great and help pay the mortgage loan, while over time the capital growth will see you right and your rental income will follow.
4. Understanding Leverage and Finance
We know this does not sound particularly exciting to learn, but it really is key to maximising your investment property returns, including being able to purchase your investment sooner than what many of our nursing clients think. We pride ourselves on being genuine experts in this area.
5. Stick to Your Plan
The main reason most investors do not get past one investment property is because they don’t stick to their plans. Of course, there are many unpredictables in life, but if your plan is to buy two investment properties in the next two years, like a nurse has recently done with us, then taking a month to travel Europe may not fit with that!
How Nurses Have an Advantage in Property Investment
Lender Breaks for Nurses
Through understanding leverage, smart financing, and lender breaks for registered nurses, you can get your property investment plan off the ground much faster than your non-nursing friends.
Stable and Predictable Income
Nurses often have stable employment, which makes it easier to secure loans and manage investment properties. Banks love this, and you should be rewarded for it.
Future Planning
We advocate the principle of starting with the end in mind. We help you plan your property investment journey with clear goals and strategies.
Your Proven Process For Your Investment Property Loan Success
Step 1
Your Plan
Clarity on the next steps to achieve your home ownership objectives.
Step 3
Lender Selection
Maximise your qualifying criteria across 40+ lenders based on your situation and objectives
Step 5
Purchasing Assistance
Receive guidance through the property search and purchase process.
Step 7
Client Care
Pay your mortgage off faster with proper account structuring and ensure you are not overpaying with your interest rate.
Step 2
Internal Credit Assessment
High confidence in loan approval before the loan is submitted or the credit file is impacted.
Step 4
Pre-approval
Leave it to us to get your loan pre-approved, and we will keep you updated two times per week.
Step 6
Settlement
You plan for the move-in while we handle the financial and legal work. Plus, we’ll keep you updated through the process.
Step 8
Future Planning
Follow a proven plan to ensure future goals are met.
Step 1
Your Plan
Clarity on next steps to achieve your home ownership objectives.