20 Rentvesting - part 2, everything you need to know about being a rentvestor


Manage episode 276026727 series 2761646
By Amy Lunardi. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Rentvesting as a strategy involves buying a property, and leasing it out whilst continuing to rent somewhere else, or perhaps continuing to live at home. If you’ve decided that rentvesting is a strategy you might want to pursue, especially after listening to last weeks episode where we discussed investment basics and how property compares to other investment classes, then your next step is to start educating yourself on property investment 101.
Because if we’re rentvesting rather than buying a home to live in, we need to have a clear investment strategy which is based on the pure, hard numbers, rather than emotion. There is no point in buying an investment property if it isn’t going to give you the right return, and achieve your goals.
In todays episode we discuss the pros and cons of rentvesting, why you should bother considering it, what you need to consider when putting an investment strategy together, tax implications - CGT and negative/positive gearing, and how to get independent advice.
Do you have a burning property question you’d like answered on the show? Connect with us on instagram @thebuyersbible, we’d love to hear from you with questions, thoughts and feedback. Don’t forget to head to our website www.thebuyersbible.com.au for our show notes, and to download your free first home buyer checklist.
Information provided in our podcast is general in nature and does not constitute financial advice. Every effort has been made to ensure the information is accurate, listeners must not rely on this information to make investment or financial decisions.
Theme music: Lioness (Instrumental) by DayFox https://soundcloud.com/dayfox Free Download / Stream: https://bit.ly/lioness-instrumental

31 episodes