The residential investment property market is under stress. It has desperately needed a new product, and major revamp, for some time.
Out of this adversity the Property Collect team are preparing to snap up great buys in strategic areas for investors to profit.
Property Collect has their residential investment trust registered with ASIC and their responsible entity and other compliance structures in place. They are ready.
“I think Property Collect will revolutionise the residential investment property market,” veteran property director and Property Collect founder Tim Wright said.
“Our BuyPower and BuildPower products are innovative, simple and the way of the future.”
With the Banking Royal Commission putting pressure on residential housing prices and APRA’s lending curbs stymying investor loans – the time is ripe for Property Collect.
When the right properties are uncovered, Property Collect wants to be “poised to strike”.
“We are all about research and value for our investors,” Wright said.
The Property Collect team has a mission to raise Australian investment property ownership from the current 1.9 million people today to 2.5 million people over a 5-year period.
“In this financial climate, residential property investors need to look at property in a whole new way.
“With record levels of personal debt and the financial burden now placed on property investors, it is becoming increasingly difficult for first time and repeat property investors to get into the market.”
Wright says the new “collective investment” model has strategic advantages over traditional property syndicates.
“With lower barriers to entry, safer exit structures, improved investor liquidity and a refined investment formula for returns, the Property Collect syndication program will be the first of its kind in Australia.”
“There is no longer any reason smaller investors should be left out of the property market.”
Wright says that the pool of residential property investors in Australia with cash availability between $20,000 to $80,000 was far larger than those who had more than the $90,000-plus required to purchase their investment property, and hence an alternative “bricks and mortar” investment solution was necessary to allow people to experience the benefit of residential property investment.