22 and just starting out and been thinking of this.
Is there any flaws with having 50% of your properties with decent capital growth and breakeven rental profit AND 50% of your properties with high rent yields to put in an offset account?Message me on FB if you want to talk more.
https://www.facebook.com/sam.booyyDepends on your situation. Mainly with Tax and your vision/road map. Really can’t say cause it’s so dependent on all the untold factors.
Welcome to the Forum Sam,Adrian Cahill | AdrianCahill.com Personal Development Expert
http://adriancahill.com/from-investor-to-coach/
Email Me | Phone MeHere since 2002, however things have evolved over the years.
Hey Sam
Welcome aboard.
Nothing wrong with aiming for a mix of growth and cashflow – it’s what I’ve personally done.
As mentioned above though – there’s no solid answer that can be given as there’s no one size fits all with property investing.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Any negatives to my strategy?
my aim was to use the rental properties to provide cash to save for another house instead of using capital growth which i think is more risky in the long term gearing wise.Hi Sam that’s what I do with my portfolio. I try and use the same method. Buy 1 with 20% deposit(capital growth) use equity from 1st to buy cashflow repeat etc I was lucky that I got high growth quickly. Your young like me when I started so you have the most important thing on your side which is time. It depends on your long term goal and if your a low income or high income earner? But I think having a mix makes for a stronger portfolio.
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email MeNSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
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