How can it help you build your investment portfolio.
Buy-to-let is one of the most powerful investment options available currently, but if we werenâ€™t so attached our homes making this type of investment would not be so tough.
The key to making any investment successful is to sell when your assets are highly valued and buy when stocks are priced in the lower margins. This applies to your home tooâ€¦
The best financial decision for us to make at a time like now when real house prices are near or at the top of the property cycle, is to sell and rent, and to buy again when house prices are on the decline.
The local property market is currently a sellers market, meaning there are many more buyers than sellers. With a relatively low interest rate the Home loans critia set by most banks are being lowered making it even easier for people to secure a mortgage.
By investing the money you receive from the sale of your home and renting for a while until the property bubble finally bursts, youâ€™ll be able to dramatically improve your investment portfolio.
But when it comes to our properties, we are understandably very emotional. Therefore this type of investment plan is often popular among younger home owners.
Property experts advice that for the next 5 to 10 years in terms of residential property, we should rent rather than buy, and to invest the difference between your rent and what your bond payments would have been, in unit trusts, bonds, listed properties, shares or other suitable assets.
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