FAQ
1. Where do I begin?
Call Ventura iD. Ventura iD comprises a specialist panel of experts with wide expertise in domestic investment properties. They are some of the best-qualified and experienced professionals in Australia. Ventura iD can arrange the planning, construction and management of investment property, ensuring maximum return on investment. You can choose your level of involvement.
2. How do I know if I can afford to buy an investment property?
Ventura iD can put you in touch with a number of independent and impartial trusted financial advisors whom we have worked with in the past. After a brief discussion about your existing property and investments, these professionals will determine whether an investment property will be a worthwhile investment for you.
3. Do I need to talk to many different people?
No. Ventura iD allows you to choose your level of involvement when it comes to your property development. Through open, honest and genuine communication, Ventura iD's panel of independent professionals will discuss suburb choice, funding, building and rental prospects when it's convenient for you.
4. How do I know if I am getting the best advice?
All specialist professionals available through Ventura iD other than the builder are completely independent. Their advice is impartial and designed to deliver the best returns on your investment.
5. Will owning an investment property impact upon my lifestyle?
An investment property should have little or no effect on your current lifestyle. Investing in property as part of a long term wealth-building program can help secure your future.
6. Who supplies the investment funds?
You can choose from a panel of independent, qualified and experienced financial brokers to find the package that suits you. Brokers do not charge you for their services. They are rewarded by the banks after the loan has been approved.
7. How do I know if the investment package suits me?
Consult. Seek advice from people in the know. Ventura iD has a wealth of property development knowledge plus access to a panel of independent experts with whom you can discuss your situation. The panel consists of financial advisors and brokers, a real estate agent and a rental expert.
8. Can I make repayments only on the interest and not the principal?
This generally depends on your financial position and how much you have left owing on your current home. Discuss your situation with an independent financial advisor.
9. Can I obtain funds from my own bank?
Yes. The independent finance broker you choose may well be dealing with your bank. If not, he or she can negotiate on your behalf with your authority. Of course, you have the option of making your own financial arrangements if preferred.
10. How involved do I need to be in the construction process?
Relax. The Ventura Homes Group is one of Australia's most awarded and experienced builders of family homes. They have property development management experience, knowledge and resources to make the construction worry-free.
11. How do I decide in which area to invest?
Seek advice. Ventura iD can provide access to a high-integrity, independent real estate agent. They can supply land value data, expected rental returns and property valuations for just about any area in the State.
12. How do I know if my investment property will appreciate over time?
The independent real estate agent has a wealth of experience in the property market and can advise you on the potential growth. REIWA data reveals a trend of increasing values for the past five years.
13. Can my investment property be professionally managed?
Yes. Ventura iD provides access to an independent professional property manager through a real estate agent who, in turn, provides a complete property management service. This includes managing your property for rental tenancy, screening rental applicants, securing bonds, collecting rent, providing rent statements, preparing maintenance schedules at the expiry of the warranty period, attending to urgent repairs, preparing regular property condition reports, performing periodic inspections and reviews of tenancy renewals.
14. Who takes care of settlement?
An independent settlement agent works directly with the vendor and the financial institution of your choice. This service is available to first time investors as well as for those purchasing second or subsequent investment properties.
15. Who selects which home to build?
You. The Ventura Homes Group is the most awarded family home builder in the State for the past ten years. Choose from a range of home designs, exclusive to Ventura iD, to suit your needs, budget, site and personal preferences.
16. Will I be responsible for choosing colours, fittings and other details?
Yes, in consultation with the Ventura iD professional designers. Or you can leave these detailed decisions to be made by Ventura iD experts.
17. Will I be responsible for the finishing of the property?
No. The home is supplied rent-ready. Ventura iD provides fencing, landscaping, TV aerial, clothesline, carpets, floor tiling, window treatments, reticulation, shower screens, even a garden shed. Ventura iD's residential property development experience shows that this appeals to tenants supplying their own furniture, so you benefit from rental revenue the moment the residential property is let.
18. Is there a way of monitoring increases in property value?
Simply log on to: www.reiwa.com.au. This shows current property values area by area and includes a comprehensive property research section. Be aware that investment in real estate is generally a long term strategy designed to secure your future. Studies have revealed that growth patterns tend to be noticed over 10 year cycles.
19. How do I know that the property can be let?
The real estate agent can provide you with a rental appraisal for both the general area and, in most cases, the chosen site. Presently, the Western Australian market indicates a continuing strong demand for good quality rental properties.
20. Why should I have confidence in the Ventura ID approach?
Ventura iD has an 'arm's length philosophy.' The panel of professional specialists to whom we provide access are completely independent from Ventura iD. They have been especially selected for their expertise and experience in their respective fields. Ventura iD's development experience coupled with the knowledge of the investment experts ensures all aspects of your investment and development have been looked at by a professional with your best interests in mind. It's a complete service that maximises return on investment with minimum hassles.
21. Can I bring my own plans in to be costed?
Yes. Ventura iD will price your plans that have been drawn by a draftsperson and to which you own the copyright.
22. Will I get assistance in getting my subdivision approval and clearances so I can get titles?
Yes. Ventura iD will assist you in the approval process and allow you access to the team of experts we have built relationships with over the years. You can even include the costs for these in your building contracts so the finance company will lend you the money (conditions apply).
23. Do you have a design service?
Yes. The Ventura iD design team works closely with you to ensure your project is a success.
