How to Grow a Passive Income through Property Investment
Learn how to grow a passive income through property investment. Your property investment strategy needs to include a clear plan for how you’re going to turn your investment into cashflow.
Learn how to grow a passive income through property investment. Your property investment strategy needs to include a clear plan for how you’re going to turn your investment into cashflow.
If you’re thinking that there is A LOT going on in the property market at the moment, you’re right. House prices are down, interest rates are up, and we have a new government whose policies aim to make owning rental properties a bit easier. During a time like this when house prices are down, you may be wondering whether it’s a good time to buy an investment property to build up your wealth. But how do you know?
Securing a mortgage is usually the most significant financial commitment you’ll ever make, and it sticks with us for 30 odd years! From early adulthood when we're just starting to build our careers, to the midlife years when we might be considering a bigger family home, and finally to retirement when our housing needs change once again. In this article, we’ll talk you through how to structure your mortgage during the different stages of your life and the pros and cons of each of these structures.
Learn about each team member you’ll need on your property investment team and what part they play. Property investment is like a team sport. Your success or failure will largely depend on who’s on your team.
Learn how to reduce your financial risk while wealth building. In a perfect world, all your investments would always increase in value, income would continually flow in and your plans would always have the best outcomes. But this isn’t the perfect world.
Learn why you need an excellent insurance advisor for your property investments and the main benefits of having an insurance advisor.
Many people want to build a property portfolio as fast as possible. But with the potential for big reward comes three common mistakes when building this portfolio. Learn what these mistakes are and how to avoid them when it comes to building your property portfolio.
Learn how to build wealth prior to retirement. We share some ways you may be able to build up your asset levels to get to the magic number of savings you’re wanting to then retire and live off.
Learn about what specific renovations add value to your home. Understand what areas you should put the most money into to achieve the maximum payout when you finally sell your property.
Learn if Covid-19 will affect the housing market, why most homeowners will be okay if this happens, and why it may be a good time to purchase more property.