What is Rentvesting?
Rentvesting is a property strategy where you rent a home in the area where you want to live, while purchasing an investment property in a more affordable location. This approach allows you to enjoy your preferred lifestyle without compromising on investment opportunities.
Lifestyle Flexibility
You can live in a desirable location that suits your lifestyle, while still benefiting from property investment.
Affordability
By buying property in a less expensive area, you can enter the property market sooner and potentially enjoy capital growth.
Tax Benefits
Investment properties offer various tax advantages, such as deductions on mortgage interest and property management fees.
Capital Growth
You may find othe parts of Australia will offer better rental yields and capital appreciation than where you live.
Dual Costs
You'll need to manage costs for both renting and property ownership, including maintenance and management fees for the investment property.
Management Complexity
Handling an investment property remotely can be challenging, requiring reliable property management.
Take the next step in securing yours and your family’s financial future. Contact the experts at Hunterwood Solutions today!