The
rental income you receive from your investment property allows you to borrow
and get the benefit of leverage by helping you pay the interest on your
mortgage.
Will
this continue in the future?
Over
the years the rental income received from property investments has increased
and this increase has outpaced inflation.
Well,
statistics show that the level of homeownership is slowly decreasing in
Australia.
It is
predicted that the percentage of tenants will slowly increase.
There
are a number of reasons for this but, in particular, as property prices keep
rising, fewer people are able to afford their dream homes.
We
know that the government is having difficulty providing public housing, which
means there will be plenty of opportunities for landlords to make good money in
residential property investment, particularly if you own a property that will
be in demand by tenants of the future.
RealRenta
has all the tools that a property manager has but for less than ¼ the cost
of a property manager.
You can now manage your Residential,
Commercial or share/student accommodation property
Join now
and the cost is less than a cup of coffee a week to manage your rental
property.
RealRenta
also has a free vision, so why not check it out.
Jason Gwerder
Wednesday, 31 January 2024
