Property investment is exactly like owning your own home in that the value increases over the years, but there is one vital difference...
When you invest in property, much of the expense is funded by your tenant!
Having more than one asset growing in value will provide a long term benefit to you and your family since it's a proven, long term strategy.
What else are you doing currently that will allow you to afford a comfortable retirement and monthly cash flow?
Key Benefits Of Residential Property Investment
Capital Gain Creates Your Savings
A $450,000 property today could return you equity in excess of $1,000,000 over 20 years. To save $1m you would have to put away $2,500 per month for 20 years and be earning 5.5% p.a. each year! Most people can't save at this rate and if they could it would make a significant impact on their lifestyle. By buying investment properties over a number of years, as you can afford them, you can build up a sizeable savings fund.
Tenants And The Tax System Cover The Costs Of Your Investment Property
The rent and tax savings can pay a significant amount of the costs of your investment property and in some cases generate additional income for you.
You Don't Need To Be A Landlord
You can leave the day-to-day management of property to the professionals - so you avoid the potential pitfalls of being a landlord.
You Don't Need A Deposit To Get Started
Equity in your home could provide a "no cash down entry into property investment - you can start immediately.
What We Do At Bricks & Mortgages
We work with you so you understand your strategies to Increase borrowing potential Lack of income and equity are the main areas that prevent investors from qualifying for further borrowing.
We can suggest various strategies to help you improve weaknesses you may have in these areas.
For example, by adding value to a property or investing in a high growth area, you'll be able to enjoy long-term financial gains and cashflow.
As important as it is to know how much you can borrow as an investor, it's equally important to understand what your limitations may be giving you more clarity to the sort of investment property that will suit your portfolio best.
To start the process, please schedule a quick Strategy Session with us today!