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The McCarthy Interview

Dodging the bullets

 

McCarthy Group is a proven partner to guide you safely along the journey to financial freedom.

Imagine you live in a village where everything is scarce. Where you work hard but what you get in return barely covers your needs for today, let alone having anything left over to improve your future. You never seem to have enough, you always wish for a better life, but all you can see is year after year of living this way, hand to mouth.

Now imagine only a short distance away there’s another village. The people who live there seem lighter, less worried about the future. They smile more, laugh often and there’s always plenty to go around. You can see the other village from where you’re standing, but there’s one big problem; you know there’s a field of landmines between you and them. You can’t miss it – there are signs every way you look pointing out the dangers.

You don’t have any way of knowing where the landmines are – you just know they’re there. There must be some way to cross safely, because you know some people have done it, but the prospect of even trying on your own is just terrifying.

The path to financial freedom looks a lot like this for most people. Littered with dangers like paying too much, buying the wrong property, getting the wrong type of mortgage, problems with tenants, taxation issues; the list is endless. I’ve seen the fear and I’ve seen how it paralyses people and stops them from getting a better life. Ten years ago it’s what made me decide to start up this business. I saw the rich getting richer and lots of good people just getting poorer.

So I decided to create a blueprint to make property investment simple for the average Australian.
So in this analogy, McCarthy Group is the team that can show you the map of exactly where the land mines are. You still get to decide which way you want to go, but we help you avoid stepping on any of them and get you safely to the other side, to the better life. We are an associated group of specialist companies that helps you deal with each step of the process in a logical and efficient way.

Before we even take the first step, we have to look at a plan. That means taking into account exactly where you are and where you want to get to. Then we work with you to work out the best way to get there. No two people are alike and no two investment strategies can be alike.

Our accountants are among the best in giving you straightforward options that will work. Our financiers find you the best mortgage to suit your needs and structure it in a way that will best fit in with the strategy you’ve decided.

We are always looking at the economics of the whole country. Anyone who follows the news would know that even though NSW has had a flat property market for the past few years, there are other places which have literally boomed in that time. We have successfully picked most of those spots, sourcing land in Mackay, Townsville, Perth and Melbourne at almost exactly the right time, just to name a few. So the first thing we help you decide about the property you will buy is where it will be.

Next up, our architects look at designs for the property. We focus on single level family homes which we know from experience give the best returns, both for rental and for long term capital growth. You choose the final design.

Then our builders do their bit. Because they’ve been closely associated with us, over a long period of time, you get a great quality finish within the agreed time frame. Our collective focus is to get it right, first time.

Once it’s built, our management team take care of the day-to-day running. While you’re still in the driver’s seat we take care of all the necessary details and make sure your tenancy runs smoothly.

Then when the tax year ends, its’ back to the accountancy arm to prepare your tax return and make sure you get every deduction you can.

What could be an easier way to find your way to a better life? We are proud to have helped hundreds of people make it successfully through the landmines over the years, many of them not just once but often two, three or even more times over.

by Stephen McCarthy