Although interest rates are constantly changing, property is generally a good investment over the longer term, so if you’ve been thinking about an investment property, now is the time to talk to one of our wealth specialists. As well as the possibility of achieving excellent returns, you could also benefit tax-wise from negative gearing. (You’ll need to discuss these matters further with your accountant or financial adviser to see if it’s right for you.)
Of course, it’s also essential to manage your investment wisely. You need to research the market carefully to ensure you decide on the right investment property with high renter appeal, and with the potential for capital growth. You need to be sure you are paying the right market price for the property, that you are charging the right amount of rent and that you conduct regular rental reviews. You also need to consider whether a commercial or residential property is right for you. To help please click on this link to Property Analysts Australia (click)
It can be a complex area, but your My Finance House wealth specialists are there to help.
Make an appointment or apply online today, it’s that simple.