When do you hit that sweet spot in your mortgage that you can think about using the equity in your home to buy an investment property? How do you go about talking to banks and your accountant about the possibilities? Today we are going to find out how you can use the equity in your home to build that investment portfolio you've always wanted, and make your capital worth grow.
Nello Traficante, Director and Founder of Bellmont's Accountants and Advisors has had 35 years experience in structuring and advising clients about how to purchase property.
1. There are a lot of home owners making monthly repayments on their home loans, but not realising that there is plenty of capital in their homes to leverage it to buy an investment. What percentage of equity should we have in our home to start looking at investing?
2. What type of property makes the best investments for first time investors?
3. Who should we have on our team when buying an investment property for the first time?
4. What sort of return should we be looking at?
a). How much of that return should we be putting aside each month to cover extras, like maintenance, property manager fees, council rates, etc?
5. How do we structure a property purchase to make it tax effective?
a). Lidia from Sunshine wants to know, do we need to set up an ABN or a trust to invest in property?
6. What can we claim as depreciation?
a). Can travelling to our property be a tax deduction?
b). What about when the property is vacant, is there any special deductions?
7. What are some of the common mistakes first time investors make when buying their investment property?
Nello can be contacted by email: admin@bellmonts.com.au
or call: (03) 8849 0090.
Need Copywriting?
Call the 'Real Copy Right' Hotline: 5977 8889
Email: orders@realcopyright.com.au
Episode 16: Zali Reynolds - Looking at Your Advertising Schedule
Episode 15: Kate Yeowart - Owner's Corporations - What do they do?
Episode 14: Chris Samartzis - The New Pool and Spa Regulations
Episode 13: Michelle & Dean Davis - Easter Preparation - DIY Renovating, Knowing Your Limits
Episode 12: Kate Yeowart - Knowing The Different Types of Property Titles
Episode 11: Miriam Sandkuhler - Understanding Underquoting, Statements of Information and Vendor Reserves
Episode 10: Kim Steel - The AirBNB Revolution: How to Maximise Your Investment with Short Term Leases
Episode 9: Nicole Jacobs - What Is A Buyer's Advocate?
Episode 8: Matthew Phillips - The Do's and Don't's in Signing a Building Contract
Episode 7: Adam Docking - How to Read a Section 32
Episode 6: Zali Reynolds - What's The Difference Between 'On the Market', 'Off Market' and 'Marketing' in Real Estate?
Episode 5: Lena Fox - Finding the Right Property Manager
Episode 4: Leah Calnan - Agent Disclosure - Murders, Fires, Deaths and Crime, What Needs to be Divulged?
Episode 3: Zali Reynolds - Understanding Sales Commission
Episode 2: Matthew Phillips - What's the Difference Between a Spec Home and a Custom Home?
Episode 1: Frank Valentic - How Do You Add Value To Your Property Without Spending a Fortune
Why a 'Real Estate Right' Podcast?
Real Estate Right Promo - Top Experts Talk About How to Buy, Sell, Rent and Invest... RIGHT!
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
Navigating Life After 40
Teaching Learning Leading K-12
Regenerative Skills
The Jordan B. Peterson Podcast
The Mel Robbins Podcast