Long-term Strategy

Strategic questions & issues to define your long term goal

Investment Property is a Business. All successful property investors have a “recipe” or business plan that they follow and review over time. There is an old saying “Businesses never plan to fail, they fail to plan”.

Some key issues include:

What is your goal and over what period of time do you plan to be a Property Investor?

Clarification of this goal and the period over which you plan to achieve it will help you to calculate the necessary steps along the way to achieving your goal.

What are your core skills and competencies and what are you not good at?

How much spare time do you have?

Investments and businesses generally share 2 common and simple ingredients – the more time and effort invested, the better quality the return.

What type of tenants do you want to deal with?

The quality of your property usually determines the quality of your tenants and the quality of your tenants will always affect the return on your business. Please visit the Department of Building and Housing for more information.
You need a good Team of Specialists

All successful businesses operate using a Team of Specialists. You will need to select a good team of the following Specialists to help you achieve your goals:

  • Solicitor
  • Accountant
  • Valuer – Land and Buildings, Chattels Valuer
  • Property Manager, Builders and other Trades people
  • An excellent Mortgage Broker

Your mind set should become that of a Businessperson with a defined Business Plan.

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  • More about Finlay Abbot Mortgage Broker

    I am a Registered Financial Adviser & Wellington Mortgage Broker who specialises in advice on residential property finance and personal insurance to home owners and property investors.

    My core focus is to continuously act in your best interests by providing top quality financial advice and service and become your long term financial adviser for mortgages and insurance.

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  • Testimonials

    Finlay’s contribution to my wife and I being able to build the family home we wanted for our family cannot be underestimated. His involvement meant that finances were simply not a worry. Finlay gives me great confidence that I have the best deal available and that I will continue to get the best deal available as the mortgage market changes over time. Rob O’Brien – Solicitor

    Finlay has been the financial cornerstone of my business for many years now. Without his knowledge and experience the capacity to grow my business would have been made considerably more difficult. He has always provided outstanding financial service to me and anyone who I have recommended him to. I hold his advice in the highest regard and look forward to working with him as my business continues to grow. Conwae Langford, Director – Bluekey Properties Ltd

    To view other testimonials from 1st home buyers, investors and general comments, please click here
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