ABOUT LIN ANDREWS REAL ESTATE

GREETINGS FROM THE FOUNDING DIRECTOR

Lin - Photo

Lin Andrews, Founder and Group Chairman, shares……

“Our Group history goes back to 1969 when my wife (Bunty) and I sat one Saturday night free from socialising. We paused to consider our privileges….

Our questions… “How can our lives make a difference?” That night we resolved to do something very bold!

At the time of these decisions, South Australia was implementing its Development Act 1967 – 1972 and talking a lot about tourism.

We built holiday flats at West Beach and then at Grange. These were followed by an office building, a warehouse and several homes.

During those first years, we invested and established a number of companies in diverse industries but always achieved our greatest satisfaction in the property industry.

We became agents as well as developers!
As agents we had a passion to assist people who were not generally trusting of Real Estate Agents. Our Agency business grew disproportionately to our other activities… possibly because we really liked helping people.

Most people lacked confidence in their ability to invest in the future.
People were disillusioned with the repetitious collapse of other investment schemes which rose to prominence from time to time.

We resolved to assist people to own their own real estate.
Investment seminars and excellent property management services made this possible.

These residential investments became a store of wealth to investor clients and provided accommodation for those who needed a home to rent.
At a later date we added commercial property to our skill base.

Commercial property meets the needs of entrepeneurs who grow businesses and create employment.

It may also offer a higher rate of cash flow to investors who are dependant upon their rental income.

Today we facilitate employment and accommodation across an increasing number of communities, throught the provision of property management, sales and leasing services for a diverse range of residential and commercial property.

We also design and develop commercial property according to community needs.
I am increasingly convinced that principle centred economic activity is the way to meet the sustainable needs of every community. We are proud to be a part of this great economic solution.”

MEET OUR TEAM

Directors

Commercial Sales & Leasing

Commercial Property Management

Residential Sales

Residential Property Management

OUR STORY

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Lin Andrews, Founder and Group Chairman, shares……

“Our Group history goes back to 1969 when my wife (Bunty) and I sat one Saturday night free from socialising. We paused to consider our privileges….

Our questions… “How can our lives make a difference?” That night we resolved to do something very bold!

At the time of these decisions, South Australia was implementing its Development Act 1967 – 1972 and talking a lot about tourism.

We built holiday flats at West Beach and then at Grange. These were followed by an office building, a warehouse and several homes.

During those first years, we invested and established a number of companies in diverse industries but always achieved  our greatest satisfaction in the property industry.

We became agents as well as developers!

As agents we had a passion to assist people who were not generally trusting of Real Estate Agents. Our Agency business grew disproportionately to our other activities… possibly because we really liked helping people.

Most people lacked confidence in their ability to invest in the future.

People were disillusioned with the repetitious collapse of other investment schemes which rose to prominence from time to time.

We resolved to assist people to own their own real estate.

Investment seminars and excellent property management services made this possible.

These residential investments became a store of wealth to investor clients and provided accommodation for those who needed a home to rent.

At a later date we added commercial property to our skill base.

Commercial property meets the needs of entrepeneurs who grow businesses and create employment.

It may also offer a higher rate of cash flow to investors who are dependant upon their rental income.

Today we facilitate employment and accommodation across an increasing number of communities, throught the provision of property management, sales and leasing services for a diverse range of residential and commercial property.

We also design and develop commercial property according to community needs.

I am increasingly convinced that principle centred economic activity is the way to meet the sustainable needs of every community. We are proud to be a part of this great economic solution.”

PUBLICATIONS

NEWSLETTER JANUARY 2019

Happy New Year to All!

We mere mortals stand at the gate of another new year with hearts beating in expectation.

Christmas and the Festive Season have begun their retreat. Holidays and decorations hang-on a little longer… to remind us of days just past. Their hands remain outreached, to hold us for a moment longer… before we tear ourselves away… and grasp the excitement of that which lies ahead.

How excited I am to explore the prospects… of the year which lies ahead.

Happy New Year to All… Clients… Friends and Colleagues… have a truly Happy New Year!

Why the excitement?

I have life and joy with abundance! Not the abundance driven by greed or accumulation. But I have the abundant satisfaction of a job well done.

I have family and staff who fight the battles of life and have their spirit buoyed by bringing encouragement to others.

There is nothing to compare with the satisfaction of knowing that one has contributed a little, to the well-being of another. And I believe there will be lots of opportunities to add to the well-being of others during the year which lies ahead.

Entrepreneurship

Last Christmas one of our investment syndicates had just finished nine “Tradesmen’s Workshops”. Of these, seven have sold to small Self-Managed Superannuation Funds for a net return of 7.0% P.A. The prices were circa $240,000 each and the rents programmed to rise by CPI each year.

I feel really good that “mum & dad” investors were able to buy alternative real estate to residential investment property, providing higher cash-flow than is usually achieved through residential investments… although the capital gain may not be as high?

Of the nine units rented, four tenants have prospered and need more space. One has not succeeded in business this time around, but has learned a lot. Four have done well but do not need extra space at this time.

Nine entrepreneurs on one site which was developed with them specifically in mind… I feel good for the investors and their tenants… each achieving their objectives.

Sale & Lease-back Creating Planned Retirement

I feel really good about the number of people for whom we sold commercial property this past year on a lease-back arrangement. We released enormous cash for potential retirees to set themselves up in a planned strategic retirement program.

With long term leases protecting their businesses they are now free to sell each business according to its merits and separate the business price away from the high cost of real-estate. The property investors feel good and the long term business-person-vendor feels free at last to pursue a retirement having achieved the best price from the sale of both business and building.

Happy… I feel really happy!

Residential Property Boost – True Story

He was a Pastor at a Beach-side Church. His income was limited as he was very committed to the care of both older people and youth within his Beach-side area of responsibilities.

A well-meaning real estate agent (competitor of ours) had sold him a low-cost rental property for his retirement. Unfortunately there were insufficient funds to make it light and airy and the rent was lower than expected. He gave it to the other agent to sell… and the debts got bigger!!!

He came to me for help!!!

Deidre Wood of our Salisbury Office had the home painted, garden tidied, flat-pack kitchen installed and low cost new carpet. It sold within a week of this work being completed… and the improvements were paid out of the settlement proceeds.

This Pastor… a lover of people… needed some-one to care for him! WE did! Worry lifted … debts paid… and one day we may sell him an investment… with integrity.

Time Management

I read of a young mother just finishing her MBA at University. Two little children, medical problems, part time work and a husband involved in his own career. Her secret… “Never say, I have no time”. “We all have the same amount of time”.

Our response to everyone, “I prioritise and your request is somewhere on that list”.

In conclusion

For now… I love my job. My staff do to! I hope this little newsletter identifies the reasons we get out of bed every morning.

This year will be full of opportunities to serve people… and some call it business!

Why would one want to retire when there is the joy of achieving for others that which they may not be in a position to do for themselves.

Again…. Have a fabulous 2019 and beyond.

 

If you would like to get in contact with us, you can email us at linandrews@linandrews.com.au alternatively you can phone our office on

(08) 8234 1212

CONTACT US TO ENQUIRE ABOUT OUR PROPERTY MANAGEMENT PROCESS TODAY