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Is it better to buy or build a house?
Purchasing an investment property remains as one of Australias favourite ways to invest. An investment property should be about increasing your wealth and securing your financial future. There's however, a common misconception that property investing always offer positive returns, while this is true more often than not it definitely is not an instant road to riches. You need to bear in mind that how efficiently you manage your investment will determine whether the investment helps you reach your financial goals. The cost of owning an investment property can be surprisingly low after you take into consideration your rental income and the tax reductions you will be entitled to.
Watch our two part video series to see our top 10 tips for buying an investment property or view an infographic summary of our top 10 tips here. Choosing the right property at the right price - 2. Do your sums Cash Flow is always king! - 3. Find a good property manager and let them to do their job - 4. Understand the market and the dynamics where you're buying - 5. Pick the right kind of mortgage to fit you - 6. Use the equity from another property - 7. Negative gearing ... more

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