In this episode of That Backyard Property Podcast Miniseries, we're delving into the concept of rentvesting - purchasing property while continuing to rent another place. Discover how this strategy can help you get on the property ladder, even in high-demand areas like Bondi. Learn about the benefits, such as increased borrowing capacity and tax deductibility, and understand how you can still leverage family support with guarantors.
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Chapters:
00:00 Introduction to Rentvesting
01:01 Benefits of Rent Vesting
01:11 Tax and Borrowing Advantages
02:19 Using a Guarantor
02:40 Case Study and Final Thoughts
04:03 Conclusion
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Produced by Podwave Studios
#Rentvesting#Trustlending#Realestate#MichaelKilliner #PodwaveStudios