My thoughts and opinions are shared in this BMT QS review. These quantity and tax depreciation surveyors in Australia help create reports for property investors, and have done so for years.
I’ve bought and sold numerous investment Australian properties. Getting the full tax deductions is absolutely paramount in my opinion, especially if you’re using the old negative gearing strategy of losing money every month. I always recommending investing in the best services.
I started this blog in 2011, and it has now inspired thousands of Australians to create true passive income. Investing in real estate is great, but it takes 20 to 30 years to actually retire. I found a strategy that has helped me semi-retire much sooner, in my early 30’s in fact. But more on that later.
Let’s start…
BMT Australia Review
These guys are fundamentally quantity surveyors / tax depreciators that help you potentially get more ATO deductions. How they’ll work is that they will go into your investment property and complete an inspection.
Upon the completion of that inspection (it takes 1 to 2 hours) they’ll take a day or so to write up a report, all for a cost of less than $1,000. Your accountant then can use this same report for years to come. Very handy to have!
There are some cheaper online versions, but you really want the professionals to come into your place. This is because you’ll save money (through further deductions) in the long run. So I do recommend one of the top quantity surveyors in Australia such as BMT who have great reviews online. In fact – I see them as #1 in the industry.
BMT provides a helpful cost calculator. They have offices in Sydney, Melbourne, Brisbane, Adelaide and Perth. They do cover some regional areas too, and the Gold Coast is certainly covered. I recently found that they have offices in Tasmania (Hobart) and the Northern Territory (Darwin) as well!
Feedback on BMT Tax Depreciators
The feedback from existing customers of BMT is almost always great. Their tax depreciation reports are very comprehensive. Those who have great experiences don’t actually share their experiences online. The very few that have a bad experience are quick to rush and tell the internet through a bad review.
Now, there is a negative to using their services, and I had to highlight this one to make it a fair review on BMT. The main downside is the cost. They aren’t the cheapest pricing out there for Australian property investors. Their fees are a little more based on the skill-set and 2 decades of experience that they bring to the table. When you’re shopping around, you shouldn’t decide based on price, but experience.
Over all, most people will be more than satisfied with the report, especially your accountant. Yes – they make it easy for your accountant to go through and allocate the deductions. You’ll get both a digital and physical copy as well. Plus, you don’t have to be present to get the inspection done, you just need to organize access with your property manager. Handy if you’re an interstate investor!
Actually retiring early through assets
Chances are that you’ve bought an investment property or two with the ambition of an early retirement. I praise you for that, since that’s a great goal to have. It also takes 20 to 30 years to retire through real estate investing in Australia, and that’s too slow for most people.
You’re probably using the negative gearing strategy. That is – you can only make money in a rising market. The Australian property market is in DECLINE. So, you’re counting on rising property prices, meaning you’ve got a 1 in 3 chance of making money, since a side ways and declining market loses money. And right now, the timing is terrible.
It’s always a good time to review your investment strategy. The old ‘buy and hold’ for a million years idea is unlikely to be effective, especially in a housing crash. It’s time for a better system that is working for the 21st century. I’d rather cash-flow every single week. I’m sure you’d agree.
A semi-passive income before age 40
I choose to build assets. Digital assets that make me an income month after month online. I had no prior skills. My returns are significantly higher than real estate, and very much cashflow driven. I want more income going into my bank account every week than what goes out of the bank account. I hope you’re following here. This is true investing and assets that Robert Kiyosaki talks about.
Luckily, not too long ago, I found a way. It’s a way that thousands of Australians have chosen to go down as well. It’s an opportunity to build your own business online. Not Amway. Not selling to friends or family. Nothing like that. It’s about building your own digital assets which pay you month after month, potentially helping you move towards an early retirement.
It worked for me, as it’s worked for many others, and it can work for you too. That is – if you’re prepared to work, invest some capital, stay committed and work through the challenges. It’s not easy, nor is it hard either. I can assure you, through my own results and lifestyle, that it’s absolutely worth it!
BMT Quantity Surveyors Summary
These guys are good. Seriously good. BMT certainly look after Australians. It’s clear that they’ve been here for a while, and will be here for a lot longer too. Much like me – I started this blog years ago, and I’ll still be here in 10 years enjoying a semi-passive income on the internet.
It’s certainly worth while to call their team. If you’re looking at Washington Brown vs BMT, then I have also reviewed their main competitor right here. Both are actually really good services, and there’s not much difference. I guess like comparing Holdens and Fords. Same same, but a little different.
Just remember – it’s going to take an awfully long time to actually retire and stop the frustrating commutes into work and back through property investing. There is a better way, and I found it! Best of all – I’ve shared this with thousands of Australians.
Let’s get started
The opportunity is alive and well. The doors are fully open, and ready for those that are resourceful.
I’m looking for the following people now:
- Those that are ready, prepared and committed to work hard
- Families in Australia aged between 25 and 65 with ambition
- People that want to retire a lot sooner than at age 175…….. 🙂
- Individuals that have been waiting for the right opportunity
This is it. Plus – I have results. It’s worked for me, hundreds of others, and it has the potential to work for you. I’m not looking for tyre-kickers. This is no get-rich-quick deal. I’m looking for the skilled, talented and the creative types with realistic expectations. Most importantly – you need to have the drive to make great things happen.
This won’t be easy – but absolutely it’s worth it. Feel free to get in touch here, and join the thousands of fellow Australians that have started already. I really do look forward to hearing from you.