If you’re thinking about investing in property, you may have concerns about how this will impact your lifestyle. We want to build secure futures but we don’t want that to mean we can’t enjoy our day to day living. So I’ve created this video with 4 key tips to ensure your property investment doesn’t negatively affect your cash flow. Have a watch and if you have any questions about cash flow, you can call an AllianceCorp Property Coach on 1300 728 838
Question: We have a few older kids now. We want to help them get into the property market but it’s just getting very difficult. What can we do? Answer: If you have a look at twenty year-olds and home-ownership, it’s actually on the decline. And it’s only getting harder and harder due to affordability. So how do we help them? I’ve got three tips on this: 1. BE A ROLE MODEL You’ve got to do it yourself. If you want to get your kids involved in property investment, learn how it works. You may already have a home with some…
Question: We live in Melbourne and own our home. How do I protect our home if we invest in property? Answer: This is a really important question and a common concern. One of the first things I would say is don’t cross-collateralise. What does that mean? If you walk into a bank, and say that you want to invest in property, they’ll often recommend that you secure the investment loan against your home – providing your home as security. You don’t need to do that. Secondly, release your equity first. By releasing your equity first, through what we call a Master Facility, you will be able to cover all the…
