Faq’s - Ethicalgrowth

Preparation

  • what do i need to prepare for the call?

    View the video to ensure you understand who we are, what we do, and why we do it.

    Be ready to focus on the call, preferably in a quiet place with no distractions.

    Be open and ready for change and questions. We’ll ask you many questions since it helps us guarantee that everything we do will work for you. Consider the following before we begin: What is your estimated borrowing capacity? How much money do you have in savings? What are your goals?

  • who will be taking the call?

    One of our expert consultants will guide you through the discovery process. It’s not their first rodeo. Their job is to understand you, where you’re trying to get to, and why, so they can help you identify the best next step in your journey.

  • should i buy now or should i wait?

    The best time to invest in property was 20 years ago, the second-best time is today. Waiting has an opportunity cost: you lose money every day by missing out on the growth and rental yields you get when you buy the right property, in the right place, at the right time.

  • can we get started if we have not yet been approved for financing?

    As soon as you have clarity on your borrowing capacity, this is the optimum time to start. There is space and time to be pre-approved once we begin to work together.

  • how much money do i need to start?

    We recommend that you have borrowing capacity, enough savings, and/or equity for a 90k minimum. Although this is not due up front this is the base we suggest to get started.

Financials

  • can i purchase using smsf?

    You will need to get specific advice from your accountant as to whether buying in an SMSF is the right choice for you, but if it is, then we can find the right type of property to suit your needs.

  • what is the average price of the properties you buy?

    We source properties from $200k up to $1 million. It depends on your personalised strategy, goals, and how many properties you’re looking to have in your portfolio.

  • should properties be purchased through a trust, and how much will this cost?

    Depending on the circumstances, we will assist clients in purchasing properties through trusts. We do not provide advice on what they should or should not do, and we encourage having this talk with a trusted accountant who will advise you on what is best for you. We can provide insights and link you with the best person to speak to.

  • can you buy two houses at the same time if the bank approves a loan of $1 million?

    We certainly can; however, this will largely depend on your unique situation and the overall goals you are looking to achieve.

  • how do you overcome the bank serviceability issues?

    We overcome serviceability issues by sourcing properties with significant growth and excellent yield. In addition, we partner with the right investment-minded broker that services our clients in conjunction with property results.

  • do you ever recommend higher-priced properties?

    We source properties from $200k up to $1 million and we do not normally recommend properties over that range.

  • why are your fees upfront?

    Our payment does not relate to the cost of the property. Most of our work is completed in the early stages of the process before we present our property to you. Our fee funds the high-tech data and high-touch service you receive. The money you pay ensures you the certainty that we’re sourcing the RIGHT investment for you, so you can save money and time on mistakes.

Process

  • how long does the process take from the discovery call?

    If you qualify to work with us, the next step will be a 45-minute Strategy Session with one of our advisors. From here, it takes 8 – 14 weeks from signing up to settlement, depending on your criteria, goals, and strategic brief.

  • how long does it take to secure a property?

    It takes between 8-14 weeks after we begin working together to source you the right property that meets your strategic brief.

  • do you recommend accountants, brokers, property managers, lawyers, and tax agents?

    Yes, we have recommendations for all of those partners. As part of our service, we find the right team for you, and your property depending on the location of the investment. We handle the admin so that this is seamless for you.

  • what happens if i don’t like the property that you present?

    Typically, this does not happen since we spend so much time at the start of the journey developing a plan and understanding your needs and how they will fit into your property portfolio. When we create a Strategic Brief, we are extremely clear about the results and do not deliver any properties that do not fit that brief. We typically look at 60 properties before we present the ONE to you. So you can be sure, we are sure.

  • who will help me/us through this process?

    You will be assigned your own client success manager who will engage with you throughout the entire process. You will also be assigned a property acquisition manager who will source the property on your behalf based on your Strategic Brief.

  • everywhere has done well over the last few years, why should i work with you?

    That is a misperception. Not everywhere has done well; it is more a media story than reality. Our results have little to do with the general market increases. We get our results regardless because there is always an opportunity, irrespective of what’s happening.

  • what makes you different from a buyer's agent?

    We are Property Portfolio Partners. The difference is, that a buyer’s agent is typically like a shopping service. We are here to build you a profitable, prolific portfolio, that requires extraordinary levels of research, data science, and analysis to understand every suburb in Australia.
    We provide an end-to-end solution, aggregating 40+ steps of the process when you buy an investment property into just 1 contact point. You have a whole team behind you, including a dedicated Success Manager. From signing-on to sourcing the property, settlement, and beyond.

  • can i work with an agency, or is there an exclusivity clause when we work with dashdot?

    Yes, you may work with others and purchase additional properties. We only ask for exclusivity if you have enough to buy only one property so that we are all being effective with our time and efforts.

  • how does dashdot make money?

    We make money by charging you a fee. There are no hidden costs or fees. We are completely transparent about our fees and do not operate with partner kickbacks or affiliate bonuses. No kickbacks and no referral fees, ever.

  • do you have partners on the ground for inspections?

    We have agents on the ground who evaluate the property for you and prepare thorough reports on the property before you purchase it, so you don’t need to inspect it yourself, including building and pest inspections.

  • do you consider potential insurance issues? i.e. houses in flood or fire-prone locations where insurance may be difficult to get?

    To avoid insurance issues, we review all flood zones and fire zones and do not present houses in those locations. Obtaining insurance estimates for our clients is also part of our due diligence.

  • do you take into account the cost of repairs or renovations?

    We consider any minor renovations that may be required for the properties we select.

  • how often do you review client portfolios and report the results to clients?

    Every six months, we conduct a review and get values for each of our clients’ properties, which we then report to them.

Results

  • what do your typical results look like?

    Every client and property is different, however…Avg. year 1 ROI of 67%, Avg. year 1 growth of 15%, Avg. yield of 6.4%

  • how will the increase in interest rates affect my results?

    There is always an opportunity, no matter what’s happening with interest rates or ‘The Market’ at large. In other cases, a rise in interest rates might lead to better outcomes since more buyers are drawn to the most affordable areas of the market.

  • have you ever had a property that did not perform well?

    0% of our clients’ properties have delivered a negative result.

  • what percentage of properties you have bought for your clients have had negative roi?

    0% of our clients’ properties have delivered a negative ROI.

  • what actions do you take if your client's properties do not reach the growth targets you set?

    Our approach is to manage people’s expectations clearly and transparently from the get-go. To this day, all our properties have performed successfully and matched the clients’ expectations and goals.

  • can you buy two houses at the same time if the bank approves a loan of $1 million?

    We certainly can; however, this will largely depend on your unique situation and the overall goals you are looking to achieve.

  • how do you overcome the bank serviceability issues?

    We overcome serviceability issues by sourcing properties with significant growth and excellent yield. In addition, we partner with the right investment-minded broker that services our clients in conjunction with property results.

  • do you ever recommend higher-priced properties?

    We source properties from $200k up to $1 million and we do not normally recommend properties over that range.

  • what does “cashflow positive” mean?

    It means that the rental income covers all the property expenses.

Appointment

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