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Our Property Portfolio Plan
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Our Property Portfolio Plan

People often ask us why do they need a plan when investing in property? Well, at Empower Wealth we like numbers and we like the security of knowing that we are on the right path when investing in property. So we’ve come out with our Property Portfolio Plan and this page is dedicated to explaining how it can help you in your investment journey.

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  • VIC | NSW | QLD | SA | ACT | NT | TAS | WA | International

Investing in property is a BIG financial and personal decision.  It’s really important you make a lot of wise decisions as you embark on this journey.  Getting it wrong will result in all sorts of financial pressure and emotional stresses.  Yet doing nothing about building your retirement nest egg could be even worse.

Fortunately at Empower Wealth we have an experienced team of qualified property investment advisors, with proven track records, who can greatly increase your chances of success.  Using our proven property investment planning process, our team is helping guide hundreds of fellow Australian’s embark or fine tune their  property investment strategies to build wealthier tomorrows.

In 2017 over 340 households across Australia and overseas engaged our property investment advisors to build them a property plan designed around their individual circumstances that would increase their wealth and future passive income for retirement.

Clients on the Journey

Our client from Regional VIC

Plan Completed = Dec 2018;
Household Income = $150000;
Retirement Target = $100000 p.a. by 2045;
Total Properties in Portfolio = 6;

Our client from Metro NSW

Plan Completed = Dec 2018;
Household Income = $190000;
Retirement Target = $50000 p.a. by 2047;
Total Properties in Portfolio = 3;

Our client from Metro NSW

Plan Completed = Dec 2018;
Household Income = $110000;
Retirement Target = $80000 p.a. by 2050;
Total Properties in Portfolio = 3;

Our client from Metro NSW

Plan Completed = Dec 2018;
Household Income = $190000;
Retirement Target = $50000 p.a. by 2047;
Total Properties in Portfolio = 3;

Our client from Regional QLD

Plan Completed = Dec 2018;
Household Income = $160000;
Retirement Target = $180000 p.a. by 2055;
Total Properties in Portfolio = 5;

Our client from Metro NSW

Plan Completed = Dec 2018;
Household Income = $140000;
Retirement Target = $100000 p.a. by 2040;
Total Properties in Portfolio = 3;

Who is this Plan for?

  • Anyone interested in building wealth through investing in property – our proprietary tool is purpose built to handle property investing scenarios and our team of professionals have extensive and proven track records in this industry
  • Established Property Investors – the benefits of this sort of review are enormous, the knowledge around cashflow into the future ensure the astute investor can make better informed and quicker decisions in adding to their property portfolio
  • First Home Buyers – wishing to establish their level of affordability in knowing what they can borrow and what amount they can purchase for
  • Those looking to refinance their current home loan – this review will highlight the benefits of refinance and will also highlight if refinancing is really worth it in the first instance
  • Those looking to consolidate their debts – this review will clearly show the potential improved cashflow benefits of any proposed debt consolidation a household may be considering
  • Finally, all households or individuals who are keen to build greater passive wealth outcomes – there is no mistaking a review of this nature provides for greater understanding of what’s possible, to those serious about making a REAL difference to their wealth.

If you are interested to learn more about our Property Portfolio Plan, please do not hesitate to book a complimentary appointment with us by filling in the Book an Appointment form above.

How it’s made?

We start with our Free Initial Consultation and have a deep understanding on the client’s Goals, Financial Position and Future Planning. This is made possible via the completion of the Fact Find on our My Wealth Portal.

Once we are clear that we can help improve our client’s financial position, we move on to a Initial Strategy Meeting where with the clients, we:

  • Prioritise Goals
  • Cash flow variations
  • Property investment education
  • Explore scenarios

This is when the embark on plan development and compute and analyse what strategy would fit the clients best along with the goals they have in mind. During this stage, there will Strategy Development Meetings and Presentations to fine tuning if/or as required.

Finalise Strategy & Produce overall written Plan to be reviewed one final time by our client. This is followed by a Plan meeting with Advisor to ensure that the client is fully across their strategy. At this stage, we also ensure that Client has already set up their Money SMARTS and it’s working well.

What is the use of a plan if it isn’t monitored? Client to track cash flow forecasts and we’ll organise milestone dates review as an accountability partner. Of course, as with life changes, the Plan will be refined if/or when required.

“What excites us even more about the life changing property investment planning process we undertake with our clients, is that these plans aren’t just about the next investment property purchase, they also factor in possible upgrades or downsizes of the family home, renovations, holiday homes purchases, reviews of existing property held, future family plans, etc, etc. Effectively our plans are a whole of wealth approach to help household design their ideal lifestyles, plan for it and most importantly make it happen”

Ben Kingsley – Founder of Empower Wealth

What’s included in the Plan?

Using Empower Wealth’s purpose built proprietary ‘Wealth Simulator’ technology software combined with the experience and knowledge of our qualified finance advisors, this assessment undertakes extensive cash flow analysis which incorporates a detailed list of forecasted variables and assumptions to deliver you an amazing insight into your:

  • Cash flow projections at retirement and for the next 40 years
  • Debt tracking, including debt elimination forecasts
  • Interest savings calculations
  • Taxation estimates
  • Surplus cash flow options for enhanced wealth creation
  • Asset position projection
  • Nest Egg projection (the wealth position that will provide you with your income for the rest of your life, post your retirement from work!)
  • Superannuation position
  • Forecast wealth projection at retirement age
  • Forecast income projection at retirement age for your retirement
  • Graphical analysis illustration of what your future wealth position looks like

To help you understand our Property Wealth Planning services better, Ben Kingsley, Empower Wealth’s CEO & Founder has recorded a video on what we offer, what type of household does this plan suits, how the Plan is constructed and what kind of information it provides.

What do our clients think?

We first engaged Paul back in late July. Initially, we opted not to move ahead and Paul was very understanding of our reasons why and put no pressure on us; in fact, he was quite giving of his time in having a few conversations with us, even though we hadn’t agreed to move forward. After trying to crunch some numbers ourselves, we end up back with Paul and are so glad that we did. The property plan helped us paint a picture of our situation if we didn’t invest and then if we did, which was really eye opening. From there, once we received the plan, we were able to move quickly into the implementation process with Brad and Linda and have been able to secure a property. Thanks so much everyone! Look forward to working with you further in the future!

Mark - May 2019

I was a skeptic – who is as interested in my own financial situation more than me? BUT I know professionally there is value in talking to people who have experience (I only look at our finances, The Empower team looks at many). So I took my own professional advice and most definitely was rewarded. The experience knowledge and learnings that the team have applied to this model and plan is first class.
The entire customer experience has been fantastic, collaborative, easy, even fun. My husband and I had one main question we wanted answered in the short term and Rachel delivered a measured analytical response in a very timely manner. This gave me a great deal of confidence in the process and the model, which of course has eased my concern over our future. I look forward to all future interactions with the Empower Wealth team and am definitely considering using other services.

Terri - May 2019

We have found our dealings with Empower Wealth easy to work with and helpful in answering any questions we had. Damien has been great to deal with and always happy to assist us with any questions and explaining things clearly.

Lee - May 2019

Price is what you pay, value is what you get! If you want value, see the team at Empower Wealth!  We were very impressed with Damien from the Property Wealth Planning team who put together a property portfolio plan for us. Damien was very knowledgeable and delivered a highly personalised plan that met our goals based on our current and future income and expenses. Damien made sure we felt comfortable and informed during the entire process, and was happy to answer all our questions. We are very grateful and would highly recommend this service.

Rachael - May 2019

Outstanding property partner — A to Z service are extremely valuable for me (plan, broker, purchase and rent). I will be purchasing a property with Empower Wealth soon and plan to continue working with Empower Wealth to execute my property plan.

Anthony - May 2019

Frequently Asked Questions

  • What is your Property Portfolio Plan about?

    The short answer is, it’s a road map to what you want to achieve when you retire and how you can achieve it by investing in property.

    It’s so much more than that and to fully explain this Plan, we strongly recommend you to watch all the videos here: What does our Property Portfolio Plan include?

  • What do you think about us making a holiday house our first investment property?

    We absolutely don’t. It’s the worst idea ever – unless you are on track to make a surplus $200K income per year continuously after your holiday house repayments are subtracted.

    Come in and have a coffee with us to find out why we are so anti-holiday house purchases as first investments.

  • How have you done it? How can you afford so many?

    A careful combination of capital growth prospect forecasting and cash flow planning with a cautious buffer for provisioning is the only answer. Each property has been considered based on affordability, ongoing management and maintenance cost, gross rental income now (and future) and capital growth prospects. The property which we buy now is deliberately intended not to adversely impact the borrowing capacity for the next one… and so on.

  • How do investors deal with all the tenant issues like they show on Today Tonight?

    They interview their property managers like any other employee who they would entrust with the running of a business. It’s always a shame to see an investor meticulously select and buy a property, only to hand it over to the first managing agent who comes along. Investors should realise that they have a going concern when they buy a property. It’s akin to running a business with poor financials and a bad accountant if it’s left to chance.

  • Shouldn't we pay down our home first before going into more debt?

    What you should do first and foremost is talk to an experienced and accredited finance specialist about this option. It’s true what they say about good debt and bad debt but it’s vital to get the right information and to make sure your specific situation is taken into account. Talk to one of our investment mortgage specialists about your own situation.

  • I would love a new car. Should I do that first and then think about investing?

    NO! Talk to us first. Would you rather have an upgraded depreciating asset if you knew it could cost hundreds of thousands of dollars of lost opportunity?

  • What do you think of off the plan as investment property?

    We will consider all assets on their merits, taking into account your motivation for considering them and more importantly the impact on your cash flow and your future wealth. As a general rule of thumb we are very cautious about off the plan investments and our primary reasons for applying caution are as follows:

    • Many are sold directly by developers or developer’s marketers and advice around their performance is sometimes pitched as ‘free’. If anyone is giving you ‘free’ advice, you need to ask yourself if it is independent, unbiased advice, and whether the advisor or their company is getting a commission, kickback, rebate or other interest from a potential sale.
    • Banks are often tough on ‘off the plan’ sales. We don’t like assets which banks don’t like. Full stop. If it’s hard for you to buy, it could be hard for you to sell and it will be hard for others in the block to be sold. These all have a flow on effect on the growth potential of an asset so we do tread cautiously, always.
    • A sudden release of a large number of similar or identical units/apartments can compromise the values (both rental and sale values) of the asset. To compound this, if a distressed vendor has to make a distress sale, the lower sale price will have a direct effect on the value of your asset.
    • We typically prefer assets with higher ‘Land to Asset Ratios’. Come and chat to us about what types of assets fit this preference.
  • How do you justify the Property Plan’s price?

    Property is a high value transaction and to make a mistake in this investment type can mean tens of thousands of dollars lost, be it in terms of actual loss realised, capital growth missed out on or even opportunity cost. Furthermore, this can often mean irreversible damage to one’s household. So often people build up their property portfolio only to find out later on in life that they are equity rich but cash poor and therefore unable to realise their goals and dreams.

    At Empower Wealth, we have seen these portfolios and have fixed them on behalf of our clients. Imagine how much better off they would be if only they had got their portfolio strategy right in the first place! Our Property Plan aims to do that. It involves hours of calculations and several meetings to ensure we understand your current situation, your cash flow position, your assets and liabilities and most importantly, your aspirations. We aim to make sure you start your investment journey on the right foot and remain on track in achieving a passive income for you and your loved ones. Taking into account all of the above, we believe our Property Plan is good value for money.

  • Are your services only available in Melbourne and Sydney?

    Our Property Investment Advice and the rest of our services are available across Australia!

    We’ve got offices in Melbourne and Sydney if our clients would like to have a face to face appointment but more than 30% of our clients are based outside of the capital cities. Appointments are conducted online and our advisors will share their screen as well to make sure that the client does not miss anything.

Our Property Investment Team

Ben Kingsley

Founder & Managing Director
Qualified Property Investment Advisor

Ben's Profile

Michael Pope

Partner
Wealth & Money Planner

Michael's Profile

Joel Burton

Qualified Property Investment Advisor

Joel's Profile

Paul Thompson

Qualified Property Investment Advisor

Paul's Profile

Brendan Vaughan

Qualified Property Investment Advisor

Brendan's Profile

Damien Maglicic

Qualified Property Investment Advisor

Damien's Profile

Rachel Cole

Qualified Property Investment Advisor

Rachel's Profile

Stuart Bartram

Qualified Property Investment Advisor

Stuart's Profile

Alric Wu

Associate Property Investment Advisor

Alric's Profile

David Robertson

Qualified Property Investment Advisor

David's Profile

Ameya Naik

Associate Property Investment Advisor

Ameya's Profile

Andrew Trigg

Associate Property Investment Advisor

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