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Newsletter

Newsletter No.4

Newsletter No.4

By on Sep 3, 2015 in Newsletter | 0 comments

Hi from Angela! Always know your WHY when investing Welcome to this issue and I hope it finds you well and warm! Investing in property is exciting and a bit scary at the same time but there are a lot of steps you can take to make it financially safer and emotionally easier. Get the reason you want to invest clear and then get a grip on your current finances, not what they will be when you get your next pay rise, but today! Be proactive and do your own research and attend property seminars, but be careful not to commit to anything on the spur of the moment. Every investment is a big outlay and you need to think carefully if it is the right one for you. Make sure you understand what type of loan you have and why, have an exit strategy in place and always ensure that you can service the loan that you get. When you have sought professional advice and got all your ducks lined up then it’s time to jump in the water and test the temperature! If your decision is based on solid research and sound advice you have done all you can to minimise your risk. Investment property can really help you have the lifestyle that you want, now and in the future. Contact me if you would like any more information on property investing – no questions or queries are too small … 02 8824 4000, (M) 0414 608 970 or email: angela@richmondresidential.com.au Did you know? Once you have gone unconditional on a contract of sale you are locked in. If you then cannot finalise the purchase you will lose your deposit and possibly other costs as well. Find a word Find these words:BUILD, DEPOSIT, DREAM, DUPLEX, HOME, HOUSE, INVEST, LAND, MORTGAGE, PROPERTY, RENTAL,SETTLEMENT, TENANT, UNIT, VACANCY Services we offer Financial strategy Home loans Property investment Financial planning (including insurance, retirement, superannuation and SMSF) Until next time, happy investing!...

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Newsletter No.3

Newsletter No.3

By on Mar 11, 2015 in Newsletter | 0 comments

Hi from Angela! Where does all my money go? This is a question I hear time and time again when chatting with clients. It is also a question that you need to know the answer to. We make plans for a holiday and a special birthday celebration, and likewise we should have a plan for our finances. It is empowering to get a good handle on where your hard earned money is spent – it continues to run out that door whether you track it or not! February is a perfect time to gear up for the year ahead. With the Christmas break over and the kids back at school a sense of ‘normality’ has returned in our day to day lives and our budget. Has your spending changed from last year? You may have started a new job or be working more or less hours. The kids may have started or stopped school – these two things alone will make a huge difference to your income. Come in for a chat and we can talk through your scenario to see if you are on track and check if you are heading towards where you want to be. If you have a friend or family member that would benefit from a consultation please pass my details on to them. No questions or queries are too small … 8824 400, (M) 0414 608 970 or email angeladyexx@gmail.com Did you know? You should review your mortgage every 2 years to get the advantage of new products and rates   Did you know? You should review your mortgage every 2 years to get the advantage of new products and rates Find a word Find these words:BILLS, CARS, CHEMIST, CHILDREN, CREDIT, FEES, GROCERY, HOLIDAY, LEASE, MEDICAL, MORTGAGE, PETROL, RENT, SPENDING, SPORT Services we offer Financial strategy Home loans Property investment Financial planning (including insurance, retirement, superannuation and SMSF) Until next time, happy spending!...

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Newsletter No. 2

Newsletter No. 2

By on Dec 5, 2014 in Newsletter | 0 comments

  Hi from Angela!   Hi everyone and welcome to my second newsletter, bet you have been scouring your Inbox looking for it! The silly season is almost upon us so I thought it best to get this out before you came to a screaming halt in December; and the screaming halt date seems to get earlier every year. Self Managed Super Fund (SMSF) and Limited Recourse Borrowers Arrangements (LRBA)   How much can you borrow? If your fund has a corporate trustee most banks will lend up to 80 per cent of the purchase price If your fund has an individual trustee some banks will only lend up 70 per cent Each situation is different so you need to talk to your broker about what level of LVR is suitable for your circumstances. Other professionals that can assist with your SMSF are financial planners, accountants and lawyers. You’ve got the loan – where does the income come from to service it? Some scenarios for servicing the loan: Employee contributions if you are an employee (PAYG). Personal contributions you pay into the fund if you are self-employed – both these must be evident for two years. Your accountant can help with this. Also salary sacrifice amounts if evident over a two year period. Banks will be able to use 80 per cent of the rental income for any property purchased by the fund. Any other funds held within super – these are usually calculated at 3 percent per annum. Always remember I’m here to help you Drop me a line or give me a call – yes, I am repeating myself again! None of your questions are too small – 8824 4000, (M) 0414 608 970, email, angeladyexx@gmail.com. Check out my podcasts on the website www.richmondresidential.com.au. I am having great feedback from clients about these and you may find your questions are addressed in those. Did you know? An offset account is not the same as having a line of credit loan? Some of the differences will make quite a difference to your outcome when investing. Wonder Word Find these words: BROKER, CONTROL, CORPORATE, GEARING, INDIVIDUAL, INVESTMENT, LAWYER, LEVERAGE, MANAGE, PLANNER, TRUSTEE   Services we offer Financial Strategy Home Loans Property Investment...

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Newsletter

Newsletter

By on Oct 27, 2014 in Newsletter | 0 comments

Hi from Angela! I hope you find this inaugural newsletter good reading and informative – it has been on the cards for a while! Sit down with a coffee and get updated on the latest in financial management, financial strategy, and tips on other issues that you might find interesting. The articles are broad in nature and hopefully you will learn something. However, my main aim with this newsletter is to cover topical issues that are specific to you. On the home page of my website www.richmondresidential.com.au there is a space for you to submit your questions or topics, and feel free to call me any time on 8824 4000, (M) 0414 608 970 or email  angela@richmondresidential.com.au  Always remember I’m here to help you   Although you are an existing client I see our relationship as ongoing and long standing. It might be time for us to touch base again. None of your questions or concerns are too small; I am good at what I do and have been doing it for many years so take advantage of what I have learnt – believe me, I benefit from the expertise of others all the time! We can’t be expected to be experts on all topics, so just ask me anything you want. Your life and circumstances may well have changed since we last met. How are you travelling? Are you still tracking your budget? Click Here to Download Budget Template. If you need a refresher on tools that can support you then listen to my two latest podcasts. Listen to OR Download Podcasts Here Things to be aware of Mortgage products change all the time and there are constantly new ways of structuring these, so it’s a good idea to get yours reviewed regularly. Life circumstances such as additional family members, adolescents leaving home, job changes, and redundancies have a significant impact on your monthly budget. I think it’s fair to say that you have experienced some major shifts over the past two years. Financial plans need constant remodeling to accommodate these changes. Never compare your finances or assets with those of others. You are unique. Your income, aspirations and timelines will differ greatly from those of your friend or...

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