For many, once the family home is paid off – or a reasonable amount of it – they start to look at other ways of building wealth. Often their first thought is an investment property.

Common questions to consider

Some questions you may wish to consider include:

• Is it better to put all my spare money into paying off my mortgage or should I consider other investments?
• Am I better to invest my extra money in property or shares?
• Are there tax advantages to owning an investment property?
• Do I have to pay tax on an investment property?
• Are there other ways I can invest in property, apart from directly buying a property myself?
• Am I better off investing directly in property or managed funds?

How we can help

We can:

• Identify options to fund an investment property.
• Look at realistic amounts you can borrow based on your current financial commitments and plans.
• Set a budget to cover your mortgage commitments.
• Advise on strategies to minimise tax.
• Review, recommend and organise appropriate insurance.
• Recommend if you need to create or review your Will.

What to do next

If you want us to help you decide how to invest contact us today.