What is Rentvesting? How to Live Where You Want and Build Wealth
Manage episode 437535534 series 3595009
Are you struggling to break into the property market?
This episode of the Home Buyers Australia podcast will get you up to speed with rentvesting, a trending home-owning strategy that is ticking boxes for a new generation of buyers. Hosts Damien Walker, a seasoned mortgage broker, and Jack Corbett, a buyer's agent, discuss the ins and outs of rentvesting, highlighting why this strategy is gaining popularity among young Australians aged 20 to 35.
As inner city property prices continue to rise, younger buyers are using rentvesting to get on the property ladder, while still living where they want. We look at the benefits and potential pitfalls of this approach, which is gaining popularity with first-time investors finding themselves priced out of the market.
Discover the flexibility rentvesting offers, the unexpected side benefits and the potential financial gains of rentvesting for a generation facing an unprecedented price squeeze.
In this episode, you’ll hear about:
- The benefits of rentvesting and how it allows you to live in desirable areas while building your property portfolio
- The experiences and learnings of an investor who used this approach
- How rentvesting stacks up financially, comparing the potential returns with owner-occupying
- Strategies to maximise property investment returns, even in Australia’s high-priced markets.
- The role of mortgage brokers and buyer's agents in navigating the rentvesting journey.
- The property market and current issues affecting homeowners and renters in Australia
TIMESTAMPS:
00:00 - Introduction to Rentvesting: The Smart Way to Enter the Property Market
01:21 - Flexibility and Location: Key Advantages of Rentvesting
08:20 - Capital Growth: Why Units May Not Be the Best Investment
14:38 - The Importance of Strategic Property Investment
22:46 - Who Should You Listen to? Seeking the Right Advice
27:10 - Planning Your Exit Strategy: Preparing for the Future
ABOUT THE PODCAST:
Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.
Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.
Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.
CONNECT WITH US:
Don’t forget to follow along on:
- Facebook: https://www.facebook.com/homebuyersaustralia
- Instagram: https://www.instagram.com/homebuyersaustralia
- TikTok: https://www.tiktok.com/@homebuyersaus
- YouTube: www.youtube.com/@HomeBuyersAus
10 episode