Buying a property is a process that’s brimming with excitement. Because of this, it’s easy to fall hopelessly in love with the first property you see. You start to believe that it’s perfect for your home, business, or for investment, causing you to rush your decisions.
If you’re looking to invest in real estate, equity makes it easier for you. Whether you’re a homeowner or you’ve already acquired an investment property, the equity you’ve built up can be used to purchase your next piece of real estate.
Buying a rental property is a hot strategy that many Australians are adopting to ensure their financial future. Small-scale investors own 83% of all investment properties and, on average over the years, residential property investments have represented 35% of all housing financing.