This BLT project gathers the expertise of well-seasoned former Banker in Miichael, the hardly-conventional Legal practitioner in Chris and the Tax advisor in Richard to put their heads together to jointly develop a handy tool to take you through the entire cycle of property investment – the “Property Investment BLT” model. This first of its kind model starts with a useful checklist to let you ponder and ascertain clearly your investment objective for the identified investment opportunity. Upon which, you will be guided to answer some valid questions from the perspectives of Bank, Law and Tax from the initial planning and research, making the investment, the management as well as the eventual exit that complete your entire property investment experience.
The BLT approach enables you to place your circumstances, issues and challenges at the bottom space of the diagram above. This immediately allow a “cross-examination” from the perspectives of Bank, Law and Tax, all driven by the optimum efficiency as it draw closer to the 3 tips at the top of the diagram. A well balanced strategy for you is found in the middle section where the 3 perspectives overlap one another.
Yet, the choice remains with you to map out your options that match your timely requirement. Your probable solution would likely to be in the upper left segment of the diagram if you are driven to get more financing from the bank; while your probable solution would likely to be in the upper right segment of the diagram if you are driven to get your optimum tax efficiency. And all these are framed within the legal regime of the given point in time.
The BLT Property Investment Model
There are essentially 6 steps in the ‘BLT Property Investment Model’, which is called the ‘OPRIME’, which represents the typical 6 steps in a property investment cycle consist of the following:
O – Objective
P – Plan
R – Research
I – Invest
M – Manage
E – Exit
Each step of the cycle will revolve around the objectives that you have set for yourself for each and every case of your property investment. The book will address all the 6 steps mentioned above from the perspective of ‘Bank’, ‘Law’ and ‘Tax’ and what you should look out for in each of these steps in your property investment cycle.
We will explore how a focus on one or more areas of the BLT over the others (eg. financing abilty, ie. ‘Bank’ over ‘Tax’ and ‘Law’) will compel you to come to a compromise in your property investment decision in order to achieve your property investment objective.
It is also important to remember that the ‘OPRIME’ approach is unique to each and every of the property investment contemplated by you. Therefore, it is advisable that you repeat the ‘OPRIME’ analysis before you purchase each new property.
This book encompasses the relevant new regulations and developments up to and including the 2016 Budget.