Great conversation guys and good to see.
Here are some answers to some points raised:
Gross Yields are averaging at circa 15% (Varies by 2 to 3 % each way depending of course on purchase price and reno costs)
OK. For potential investors I would also want to view all outgoings, including rates, pm fees etc. In other words net rental return.
Great conversation on access to funds, the SMSF funds are of course limited, however purchases outside of SMSF for me have the biggest opportunity.
I think it would also be helpful to provide investors with information on what structure is required to purchase in SMSF. I realise you don't have to, however by doing this it takes the headache out of it for investors and provides a better service and could be the difference from walking or doing the deal.
Being UK citizens but Australian residents with an existing relationship with the HSBC we are looking to leverage off cash purchases and have Lines of Credit secured on them releasing 70% of their value allowing leverage going forward.
I don't know how this would work in UK, however I do have concerns when it comes to valuations and foreign investors securing finance. Also interest rates, fees etc. will they be same as what locals are getting?? In US many shonky lenders ripping off investors, they are clayton loans that I would not touch. If any investors went down this road I would recommend contracts be viewed by Lawyers.
Great observation on the Buyers Agent type set up, we had considered this from the off however would prefer to walk the walk ourselves first with demonstrable success and then if others wish to engage us to assist them do the same then we would of course look to provide a service.
Good idea, get a model in place that works first.... but if you want to make some serious dollars then I would consider the BA model to increase turnover.
I think I stuffed up... not clear, anyway my comments to your answers are underlined.