Want To Buy Residential Investment Property In Australia? Can You Meet These 3 Requirements?
Many Australian home owners have entered the investment property market over the years and in fact the the ATO ( Australian Taxation Office ) states that one in seven Australians now either own one or more investment properties.
The number of Australians wanting to buy residential investment property is still evident although the property market has slowed dramatically over the past few years.
As many astute residential property investors would know there is a time and a place for investing in residential property.
The market has recently come through a slump but is slowly showing signs of a recovery as central and local governments start to encourage investors back into the market with various incentives.
When is the best time to buy: Believe it or not, now is the time to start looking and thinking about acquiring an investment property.
Why? Well if you buy at the bottom of the market and ride the recovery curve upwards till the market peaks once again you will achieve significant capital growth if you buy in the right area.
One can acquire significant capital growth by applying this simple but effective strategy.
There are a number of building and finance companies prepared to show home owner investors cost and obligation free how they can easily get into their first, second or third investment property by clever finance structuring using your equity and taking advantage of govt.
incentives, rebates and concessions.
But first the home owner must meet some basic requirements.
The 3 Basic Requirements Are: 1.
The home owner must have at least 5 or more years left in the work force and be under the age of sixty.
2.
The home owner must have a single or combined taxable income in the household of $70-$80k or more.
3.
The home owner must have a minimum of $120k equity in their home.
Having met these 3 requirements the investor home owner would now be in a position to take full advantage of any government incentives, rebates and concessions available.
A number of these companies understand that many Australian home owners and business owners are so busy working for a living that they very rarely find the time to educate themselves about how to buy residential investment property successfully.
They know very little about the tax benefits derived through simply acquiring one or more investment properties which can save them 10's of thousands in taxes and interest dollars on a mortgage over a 10 year period.
Education is the key: The average working home owner may not understand that they can create wealth by investing in assets that have the potential to generate significant incomes and capital growth over time without having to participate of their own time or physical effort.
The working class Australian has been conditioned to think that there is only one way to make money and that's by selling your time and labour for a good hourly rate of pay.
A mind set of earning money by any other means is almost unfathomable to many.
Of course education is the key, and many companies involved in the industry are eager to teach working home owners how they can do this and show them how it can work for their financial future and security.
The number of Australians wanting to buy residential investment property is still evident although the property market has slowed dramatically over the past few years.
As many astute residential property investors would know there is a time and a place for investing in residential property.
The market has recently come through a slump but is slowly showing signs of a recovery as central and local governments start to encourage investors back into the market with various incentives.
When is the best time to buy: Believe it or not, now is the time to start looking and thinking about acquiring an investment property.
Why? Well if you buy at the bottom of the market and ride the recovery curve upwards till the market peaks once again you will achieve significant capital growth if you buy in the right area.
One can acquire significant capital growth by applying this simple but effective strategy.
There are a number of building and finance companies prepared to show home owner investors cost and obligation free how they can easily get into their first, second or third investment property by clever finance structuring using your equity and taking advantage of govt.
incentives, rebates and concessions.
But first the home owner must meet some basic requirements.
The 3 Basic Requirements Are: 1.
The home owner must have at least 5 or more years left in the work force and be under the age of sixty.
2.
The home owner must have a single or combined taxable income in the household of $70-$80k or more.
3.
The home owner must have a minimum of $120k equity in their home.
Having met these 3 requirements the investor home owner would now be in a position to take full advantage of any government incentives, rebates and concessions available.
A number of these companies understand that many Australian home owners and business owners are so busy working for a living that they very rarely find the time to educate themselves about how to buy residential investment property successfully.
They know very little about the tax benefits derived through simply acquiring one or more investment properties which can save them 10's of thousands in taxes and interest dollars on a mortgage over a 10 year period.
Education is the key: The average working home owner may not understand that they can create wealth by investing in assets that have the potential to generate significant incomes and capital growth over time without having to participate of their own time or physical effort.
The working class Australian has been conditioned to think that there is only one way to make money and that's by selling your time and labour for a good hourly rate of pay.
A mind set of earning money by any other means is almost unfathomable to many.
Of course education is the key, and many companies involved in the industry are eager to teach working home owners how they can do this and show them how it can work for their financial future and security.