Frequently Asked Questions
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It's possible to begin investing in a property within a timeframe of 4-8 weeks. Our process typically involves three key steps: meeting with the client to understand their investment goals, identifying suitable investment properties, and finalizing the property's design. With our streamlined process and efficient team, we can work with you to ensure that the entire process is completed as quickly and smoothly as possible, while still ensuring that all due diligence is taken.
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Yes, our team is equipped to handle all aspects of your property investment, and we have a team of experts with extensive experience in property investment, management, and development. In addition to identifying suitable investment properties, conducting financial assessments, arranging financing, and finalizing the property design. Our goal is to provide a seamless and stress-free investment experience for our clients, and we pride ourselves on delivering high-quality results that meet our clients' objectives and exceed their expectations.
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Typically, the Repurpose Process involves seven core steps: meeting with the client to understand their investment goals and requirements, identifying suitable investment properties, finalizing the property design, renovating the property, obtaining necessary certifications and approvals, filling the property with tenants or preparing it for sale, and selling or keeping the property. The entire process can take anywhere between 20 to 34 weeks, depending on the specific circumstances of the project. Our team is committed to delivering high-quality results within a reasonable timeframe, while ensuring that all necessary due diligence and approvals are taken to achieve the best possible outcome for our clients.
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The costs associated with an investment in a property can vary depending on several factors, such as the type of property, location, market conditions, and the scope of renovations or improvements required. Our team can provide you with a more accurate estimate of the costs involved in your specific investment after discussing your goals and requirements in more detail. We recommend booking a call with our team for more information and to discuss your investment options in more detail.
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Trying to invest in property independently without the necessary experience and expertise can be a risky proposition. Rooming House investment involves complex processes and significant financial and legal considerations. Without the knowledge and expertise required to navigate these processes, including completing and overseeing the whole conversion, there is a significant risk of making costly mistakes that could jeopardize the success of your investment. Our team has the experience and expertise required to minimize risk and maximize returns on investment. By working with our team, you can benefit from our knowledge of the local property market, our access to off-market investment opportunities, and our ability to navigate complex legal and financial processes with ease. Our team's expertise and experience can significantly increase the chances of success and minimize the risks associated with property investment.
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To invest in a property through Repurpose Group, we recommend a minimum investment of $400K to ensure that the investment process is executed properly.
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Yes, you can invest in these properties even if you live in another state. Our investment properties are generally located in Queensland, but we also have investment opportunities in other states
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The rental yield for our investment properties typically ranges from 8% to 10%, which is a strong return on investment compared to other investment options available in the market. Additionally, given the current market demand, our investment properties have a very high occupancy rate. Our team conducts thorough research and analysis to identify areas with high demand and potential for growth, ensuring that our clients' investments are optimized for maximum returns.
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The potential return on investment for our properties varies based on a number of factors. However, we typically see a cash-on-cash return of 25% to 35% for our clients.
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Certainly, we collaborate with the council, draftsman, certifiers, engineers, and all our authorized trades to guarantee that these rooms comply with regulations and certified for residential leasing purposes.
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We offer individuals an affordable and comfortable place to live, as finding suitable housing can be a challenge. Our self-contained private rooms are on a RTA lease and include utilities such as power, internet, and water, enabling tenants to build their real estate history.
In addition, we are repurposing older houses in the area, fully renovating them to meet code and certification requirements. This initiative not only benefits the council and the suburb by increasing property value, but also provides investors with high returns and capital gains. Our repurposed homes are generating more than double the rent of a typical investment property, with some of our 5-bedroom conversions fetching up to $2000 a week.
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It's a bit of a mixed bag. Nowadays, it's becoming increasingly difficult to even locate a one-bedroom unit, and if you do find one, the rent can be exorbitant, ranging from $500 to $700 per week, along with additional expenses. In comparison, our rooms offer similar amenities, such as power, water, and internet, at a much more reasonable price point of $350 to $450 per week. This makes them a more accessible and cost-effective option. Not everyone needs a full-sized unit, and we've found that many people are more than content with the room they receive for the price they pay.