Are you priced out of the market where you dream of living? Here’s how rentvesting could help you buy an investment property and still live where you want.
In this episode of Talk Property To Me. Experts Brad and Casey explores the pros and cons of rentvesting – the strategy of renting where you live and simultaneously purchasing an investment property in a more affordable location. We’ll cover everything you need to know, including the potential benefits, the drawbacks to consider, and how to get started if rentvesting is right for you.
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EPISODE IN A GLANCE
00:00:25 – What are the advantages of rentvesting?
01:48:15 – How to purchase your first property while renting
03:11:13 – Rentvesting and tax benefits
04:29:05 – Buying in a high-growth area
05:32:18 – The value of flexibility
07:25:16 – The cons of rentvesting – capital gains tax
08:58:02 – Missing out on first-time buyer benefits
12:41:16 – Tenants’ rights and difficult landlords
16:22:13 – Rentvesting can impact your borrowing capacity
18:57:19 – What if your landlord decides to sell?
ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website → https://wisebuygroup.com.au
LinkedIn → https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram → https://www.instagram.com/bradeast_mortgagebroker/
Facebook → https://www.facebook.com/bradeastofficial
CASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.
Website → https://tayloredpropertywealth.com.au
LinkedIn → https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram → https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook → https://www.facebook.com/tayloredpropertywealth