RESIDENTIAL
As your financial situation improves , you can " trade up " to a larger home to accommodate growing families or evolving needs . And if you again buy prudently , you could retain your starter property as an investment . This strategy can generate capital growth over time and provide valuable rental income that can assist with future bond repayments .
With good advice from an agent who understands the buy-torent market , you can slowly build a property portfolio that will generate a steady income stream for your retirement and secure assets to leave to your children .
Beyond the financial advantages , owning a home unlocks a unique set of lifestyle benefits . You can personalise the space to your taste , invest in improvements that enhance your comfort , and enjoy the stability of having your own place .
Apartments vs Sectional Title Homes While your dream may be to own a stand-alone home , apartments and sectional title homes often present attractive entry points
Paul Stevens
56 MAY 2024 Real Estate Investor Magazine