EP. 1058 - WHY HIGH PAID EXECUTIVES BECOME TENANTS
The PROPERTY DOCTORS, Sydney Australia Novak Properties
English - September 04, 2023 06:00 - 14 minutes - 10 MB - ★★★★★ - 1 ratingHow To Education Business Investing northern beaches agents real estate buying selling dee why collaroy manly Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Want to live luxuriously without the weight of a mortgage? Ever thought about the possibility of renting a $15 million property instead of owning it? As surprising as it may sound, even for high-income earners, renting a high-end property might be the better financial move. This episode is all about challenging the conventional wisdom of home ownership. We’ll show you how 'rent-vesting'—living where you want and investing where it makes you money—can be a smarter approach to leveraging wealth.
Let's say you've just sold a property and netted a cool $300,000. What's your next move? Rather than tying up your funds in another high-end home, we'll walk you through how this could translate into a $5,800 weekly income. By focusing on properties with triple net income, you could potentially pay off a mortgage on a more expensive property and have the freedom to rent wherever you wish. Tune in for some game-changing insights on how to level up your high-end property investment strategies.