Developers, in particular, need to use key information to manage their portfolios because their levels of risk are much higher. But what information should you use and, when you have found a good source, how do you use it?
At The Property Frontline, we use three main layers of information to identify opportunities – top line (macro environment), suburb view (micro environment), and property specifics. The top line indicators are as follows.
The indicators can also be used to answer the question of 'the best' property approach – ie – buy and hold, or buy and sell. The answer can be found by matching your approach and property type with the market. Choose markets with a high level of intrinsic drivers for your 'buy and hold' strategy, and markets with high extrinsic factors for 'buy and sell' activities.
Debra Beck-Mewing is the Founder and CEO of The Property Frontline. She has more than 20 years' experience in buying property Australia-wide, and is skilled in helping buyers use a range of strategies including renovating, granny flats, sub-division and development. Debra is experienced in identifying tailored opportunities, homes and sourcing properties that have multiple uses. She is a Qualified Property Investment Advisor, licensed real estate agent and also holds a Bachelor of Commerce and Master of Business. As a passionate advocate for increasing transparency in the property and wealth industries, Debra is a popular speaker on these topics. She is also an author, podcast host, Editor in Chief of Property Portfolio Magazine and participates on numerous committees including the Property Owners' Association.
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Disclaimer – This information is of a general nature only and does not constitute professional advice. We strongly recommend you seek your own professional advice in relation to your particular circumstances.