GETTING STARTED IN INVESTMENT PROPERTY

Getting started in investment property: how do you do it? what should you do? The four keys are:

1. Sufficient equity
2. Sufficient income
3. Find the right property
4. Get the right accounting structures

EQUITY

Equity means how much you have. To work this out, if you own your own home (which is an asset), deduct the amount of the mortgage from the value of your home. The result is your equity. 

For example, a $600,000 home with a $400,000 mortgage means there is $200,000 equity available.  See below for a simple Equity Calculator.

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INCOME

Income means how much you earn.  The more you earn, the more likely a bank is to lend to you.

PROPERTY

Things to consider include: Will you get a new home or an old one or go for a land/build project?  What are the pros and cons of each?  Where do you want to buy? What can you afford? What about “rental yield”? Click the links for more info.

STRUCTURES

Oftentimes, an LTC is the best way to go. However, there are other factors to consider: Are you single or with a partner? If you have a partner, are you both in the same tax brackets? Do you have children? Do you have a trust or are you planning to set one up? What are your long-term goals?  The answers to questions like these affect what sort of ownership structure we would recommend.

SO, WHAT NOW?

If you’ve read about rental yield and the different types of investment property, then it’s time to contact us for a free phone consultation.  

Call 0800 890 132 ext 2 or contact us

FIND US

17B Farnham Street, Parnell 1052
PO Box 38335, Howick 2145
​Contact us to make an appointment.