Australian Property Blog
By investment, you have to put in resources, usually money, and wait for whatever you acquire to generate income or capital appreciation. With bank interest rates so low, you do have to invest your money wisely to make it work harder for you. However, there are risks...read more
It is widely known that property investment is a good way to create wealth. Banks are generally willing to finance property investors and also charge a low interest rate versus other types of loan. Interest rate on residential property is usually the lowest when comparing with interest rate on other types of property and other types of loan like business financing, car loan, credit card loan and so on. Savvy investors who know about this and take necessary actions usually reap handsome rewards in the long run using other people’s money. With property investment, you can potentially enjoy: Capital Gains from the property, Passive income and Principal paid down (forced savings).read more
Following Investment Gurus’ Advice
There are many property investment books out there and many are not based on local context. There are differences in bank financing rules, taxation rules and so on in different countries and the advice may not work in your context.