Investing in Property
Speak with any senior citizen and they’ll tell you at least one story about the impact residential investment property has had for their generation.
While property investing can be risky in the short term, it can be very effectively used as a long-term strategy (10 years+) for wealth creation.
Property returns come from two sources: The underlying land value, and rental income. Over the long term, both of these factors should rise in value. In retirement, rental income can provide you with extra money to enjoy your retirement with, or alternatively, you can sell the property and spend the proceeds.
Keen to see if purchasing an investment property is right for you? Contact Us and we can discuss the ins and outs! We can come and visit you wherever you are in Tauranga, the wider Bay of Plenty or Waikato. If you are anywhere else in New Zealand, we can meet via our secure online meeting room: Zoom
Younger people can use investment property to help them create future wealth and security – without having to physically save money regularly. How is that possible, you ask, when most young families don’t have much in the way of surplus income?
Well, you may be able to use the existing equity in your home (as it relates to your mortgage amount) to purchase an investment property. When you rent it out, you have your tenants’ service the mortgage, while you enjoy the increasing capital value. This is one way to help you get ahead in life.
Over time the value of the properties will increase, making more equity available to you and enabling you to get another getting a mortgage to buy another property – and so on, and so on, until you have your desired portfolio.