Investing in property can be a lucrative way to build wealth and secure your future, even if you’re on a basic wage. With careful planning and smart strategies, you can start building your investment property portfolio and generate passive income. In this blog post, we will explore ten effective tips that can help you achieve […]
Tag: Negative gearing
Mortgage terms in Australia
Here are some standard mortgage terms you may come across when applying for a home loan in Australia: Understanding these and other standard mortgage terms in Australia can help you make informed decisions when applying for a home loan and ensure you get the right loan.
How often to refinance
There is no set rule for how often you should refinance your mortgage. The decision to refinance should be based on your personal financial goals and circumstances. Here are some factors to consider when deciding whether to refinance your mortgage: In general, it may be worth considering refinancing if you can lower your interest rate […]
What is negative gearing
Negative gearing is a financial strategy where an individual borrows money to invest in an asset (such as property, shares, or a business) with the expectation that the income generated from the asset will not cover the costs associated with owning and maintaining it. The resulting loss can be claimed as a tax deduction, reducing […]