21 Sep 2021
What is Annual Net Income?
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With the property market in Australia being very competitive right now, many Australians choose to purchase investment properties. Not only do investment properties allow for you to earn rental income, but they are also a great way to improve your financial situation and grow your wealth. Most investors only own one or two properties, but there are benefits to owning three or more.Â
Owning multiple investment properties offers you the chance for the following:
Many of the benefits of owning multiple investment properties have to do with the wealth you can accrue over the years. If property values increase, the gains you see are multiplied with each investment property you have. However, the reverse is also true, leading us to some of the biggest cons of owning multiple investment properties.
At Mortgage House, we understand the desire of many Australians to purchase an investment property. We can help make the process easier. If you already have an investment property, we can help you buy another one as we walk you through the risks. In addition, we can help you find investment loans at competitive rates.