Many of us seem to be at that stage in life where we’re trying to find ways to work smarter rather than harder and while it’s sometimes a bit of a challenge, the rewards definitely pay off.

But we shouldn’t stop there! We should also be looking at the ways our assets are working. We need to be making sure they too are working hard and smart – just as we are.

For home owners, the easiest way to do this is to review your home loan, determine the amount of equity you can access, re-finance, and use the equity in your home to buy an investment property.

Equity is a simple calculation of the value of your home (as determined by the lender’s valuer rather than a real estate agent’s valuer) minus the debt you have in your home loan.

Your ability to leverage that equity will depend on your financial circumstances. However, it’s a great exercise to do and could be a perfect way to start building a property portfolio.

The demand for quality rental properties in many areas in south east Queensland is sky high at the moment, with forecast for both demand and capital growth to continue to rise.

If property investing is part of your wealth strategy or if you’d like it to be, we can help you explore your options.

Please get in touch to discuss your financial future and how we can make property part of that plan.

 

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