What Are The True Numbers Behind Rentvesting And Can You Build More Wealth Using This Strategy?

Due to many first home buyers getting priced out of the market in some capital cities we are seeing an increased number choosing to buy an investment property as their first property purchase over owning their own home.

This is known to be called “Rentvesting” where you buy a rental property as an investment and rent in a location that is more suitable for your lifestyle. 

According to Westpac and Herron Todd White’s Property Report 13% of first home buyers nationally are choosing this strategy due to affordability constraints.  In some capital cities like Sydney the medium house value is over $1M, many are not being able to save a deposit fast enough to purchase in the area they wish to live.  If buying an investment property first they are able to detach the emotion and buy a cheaper property anywhere in Australia.  This requires a lesser deposit and is more targeted to achieve capital growth and significant tax savings whilst the tenants are assisting to pay it off. They are then able to use the equity growth from that property to buy a second investment property. 

Many Rentvestors are either choosing to stay in the family home for longer or renting cheaply in share housing, having more money to live a better lifestyle whilst building a better financial future.

I have put together a whiteboard presentation video where I break down the numbers from buying a home to live in versus Rentvesting.

Click Here To Watch The Full Video>>

To Your Success,

Wade Curtis