Low interest rates and the easing of COVID restrictions mean a lot of Aussies are thinking about buying an investment property for the first time.

There is plenty of economic uncertainty at the moment, but we have a unique love affair with property and there are some great deals on mortgage products.

If you’re ready to take the plunge and invest, it’s important to pick a strategy that suits you.

Start within your budget and knowledge base and make a plan.

You may aim to buy 10 properties over your lifetime, pay them off and use the rental income to fund your retirement.

Or you might buy run down properties, renovate and sell for a profit.

Whatever your plan, surround yourself with the right people: Independent accountants, financial advisers and solicitors can set you on the right path, while a mortgage broker can help you find the best loan.

Advertisement
Advertisement

Good luck!

 

Want more? Listen to this best bit from Jonesy & Amanda!