Property has been considered a popular path to wealth for Australians for many years. Buying your own home is often the first significant investment you will make. Purchasing another property may well be the second – even before shares and other assets.
Your first investment in property, however, need not be your home. Buying an investment property can be a good way to get your foot on the property ladder while you are renting or still living at home. It’s called ‘Reinvesting’.
We have partnered with Active Property Investing, who have helped many of my clients purchase their first investment property with great success.
They are a boutique Property Company helping busy people successfully invest in property across Australia. Making property investing easy and achievable!
Property has the potential to generate capital growth (an increase in the value of your asset) as well as rental income. There are also tax advantages associated with owning investment property.
Buying real estate, whether you are buying the family home or an investment, is one of life’s most important financial decisions. However, when buying an investment property, it is wise to remember that you are making a business decision. You are not buying from the heart, but from the head. You are buying the property because you expect it to appreciate in value and give you a financial return.