Rentvesting Explained: A Smart Property Strategy

We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present. Sales transactions in Perth last week were up 1.3 per cent on the previous week, with REIWA members reporting 830 transactions. REIWA President Suzanne Brown said an unusually low number of new listings over Winter, coupled with ongoing strong demand had seen active listings continue to decline. Sales transactions in Perth last week were up 3.8 per cent on the previous week, with REIWA members reporting 855 transactions. Sales transactions in Perth last week were down 7.3 per cent on the previous week, with REIWA members reporting 785 transactions. After three years of record growth, Perth remains the most affordable capital city in Australia to buy property in.

We look for the best home, best experience and best builder – that’s right Better Way 2 Build team for you. Create a tailor-made house and land package with your best choice of builder. Explain the benefits of using us as the "advocate" between you & the builder. We help you develop land with the right plan and right builder to maximise your returns. Design your custom home with our team and we will find the right builder to make it a reality. Working alongside you, we will guide you through the entire home-buying process, helping you avoid common pitfalls.

If you’re ready to make the dream of building your perfect home a reality, it’s time to chat with a reputable and experienced building broker. A building broker is a professional who assists individuals in navigating the intricate process of building a new home from start Better Way 2 Build team to finish. So that is why I have started Better Way 2 Build - to help and advocate for new home builders navigating their way through the complex and sometimes overwhelming home building process. Your building broker can also help you understand the different types of construction methods available to you and recommend which ones suit your needs. For example, brick veneer, steel construction, timber, or reverse brick veneer.

You're also able to increase your share of the loan by purchasing further shares when you are in a position to do so. UDIA WA had long advocated for a review of these limits, and the indexation against median property prices, to ensure that more West Australians can access Keystart’s products and services. They will then pass your details onto one of our home loan specialists who can discuss finance solutions for your individual requirements.

However, property is generally considered to be one of the less riskier assets compared to other options such as shares. If your investment property decreases in value, you might have to sell it at a loss. If your investment property appreciates, you may have the opportunity to sell it for a profit in the future. When it comes to rentvesting, the trick is that you must invest the difference (not just spend it) to build your wealth for this strategy to work.

Our brokers can assist you in evaluating these elements to provide a clear picture of how much you can afford. By getting pre-approved for a 1st Home Loan, you can confidently explore properties within your budget. We also offer guidance on the application process, ensuring you have all necessary documents, such as bank statements, ready for submission. Refinancing involves replacing your existing home loan with a new loan, either with your current lender or a different institution.

The Top 8 Most Affordable Suburbs in PerthArmadale. Armadale is one of the most affordable suburbs in Perth and offers a great opportunity for buyers to get onto the property ladder. ...Bentley. ...Bullsbrook. ...Camillo. ...Greenfields. ...Kewdale. ...Leda. ...Lockridge.

We'll work with you to review your current income, any other debts you may have, your current expenses and the current value of your home. This will give you an indication as to whether or not purchasing further shares is suitable for you. We work closely with your solicitor or conveyancer and your lender to ensure settlement proceeds smoothly. This includes coordinating document signing, verifying disbursement instructions, and managing final loan conditions. Post-settlement, we assist you in setting up access to your loan account, offset arrangements, and repayment schedules to ensure everything is in order. We manage your application from submission through to decision, ensuring accuracy and speed throughout.

There may be other tax benefits, so make sure you consult your accountant or financial adviser. The First Home Owner Grant generally won’t apply if you’re buying an investment property, so beware if you’re factoring that into your budget. Other concessions (eg. stamp duty concessions offered in some states or territories) may not apply to your investment property purchase. Usually these concessions are for first home buyers who are purchasing a property they intend to live in.

Our building and construction experts apply key industry knowledge when analysing quotes, in order to identify any gaps or potential issues and ensure all costs have been accounted for. At Multiply Property Group, our building and construction specialists are developers and investors themselves, so they understand how important it is to select the right builder for your project. Whether you are an investor, a first home builder, or are building your dream family home, we can make the process easier, and connect you with a builder who suits your specifications and budget.