5 tips when Investing in Property to maximise your wealth

Call the team at BSI Finance to help you with you Property Investment 

Property investment has been a fantastic way for Australians to build their wealth over the past 100 years, and all indications show that thieves sector continue.

2 key reasons for this is

1. Increased value of property over time 
2. Ability to “leverage” - use OTP (other people’s money ) - (Tax office and banks ) 

If you're a property investor, here are five tips for managing your financial position:

1. Build a cash buffer to cover periods of negative cash flow
2. Factor in rising interest rates when budgeting future costs
3. Work with an accountant to maximise your tax deductions
4. Review your loan on a regular basis to ensure it's still competitive
5. Speak with a mortgage broker to explore refinancing or restructuring options

If you’re thinking about buying an investment property or ensuring an existing investment loan is structured correctly - feel free to contact me - I would be delighted to help !!

Here is my business card on Referron  https://rfrn.link/ivank