You could own an investment property from $50 per week*
You’ve read the books, magazines and reports and maybe even attended a seminar. You’ve been religiously checking realestate.com.au for properties.
Yet when push comes to shove, there is something holding you back. You may want a better understanding of;
-Positive gearing – Negative gearing – Neutral gearing
-Capital growth vs rent return
You’re not alone. In fact less than 6% of Australians, or roughly 1.3 million people, own an investment property, even though property is a national past-time.
It’s not surprising. A lot of people get overwhelmed by the process and quit before they even begin. But it doesn’t have to confound. Reality is, property investing is relatively straightforward.
It’s easy to get overwhelmed when you’re starting something new and as massive as property investing.
But don’t give up. Just imagine in 10 years, if you buy the right properties this year, you could be sitting back, feeling happy, secure and even proud that you bought properties that more than doubled their values while your peers and everyone else wishes they’d bought back in the day.
Who pays what = $550 per week*
Tenant’s Contribution = $400 per week
Your Contribution = $50 per week
Tax man’s Contribution = $100 per week
*Subject to your own personal circumstances