How to Buy a Positively Geared Property
Understand the Numbers
This isn’t just “guess and hope” investing, your calculator is your new best friend. Add up all your likely costs (mortgage, insurance, management fees, rates, maintenance), then compare it with the expected rent. If there’s leftover cash,congratulations, you’ve just found a property that pays its own bills and gives you pocket money.
Look for High-Yield Areas
Positively geared gems often pop up in areas with strong rental demand. Think regional centres, outer suburbs, or spots with limited housing supply.
Choose the Right Property Type
Some properties are just better at bringing home the bacon. Smaller units,townhouses, or multi-dwelling setups often deliver higher yields compared to bigger houses. Just keep balance in mind: you want healthy rent now, but also a property that’ll stand strong in the resale market.
Secure the Right Finance
Finance makes or breaks positive gearing. Chat with a savvy mortgage broker or lender who understands your strategy. Compare rates, fees, and loan features to make sure your loan supports and does not sabotage your cash flow.
Manage the Property Like a Pro
Even the best investment won’t stay positive if tenants are late or repairs are ignored. A reliable property manager can help keep your property occupied, handle maintenance, and make sure rent lands in your account on time. Stress-free investing, anyone?
Buying a positively geared property can be a fantastic way to create steady, reliable income while growing your wealth. With the right numbers, location, and management, you can build a property portfolio that doesn’t just cost you money-it makes you money. And let’s be honest: who wouldn’t want their investment paying them instead of the other way around?
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