John and Em unpack some great questions sent in from the m3 community. They discuss:👉🏾is Sydney property worth long term investment?👉what renos done on an investment property can you claim on tax👉🏻pros and cons of low deposit home loans👉🏽can you use equity in an investment property to pay down your PPOR and does that equity become tax deductible?👉🏿buying a second property as an investment with future plan to knock over and build dream home. Things to consider other than location?👉🏾are vendors finance and lease options still relevant in our day and age?👉🏻do I get into the market now with an apartment to then turn into an investment property and buy a house later, or save an extra year for a lifelong ownership of a town house👉owning a house with family - should I continue to build a portfolio with them while saving for my own home or start building my individual portfolio?
Here’s the episode discussing the ins and outs of renovations: https://player.whooshkaa.com/episode?id=811388
Send us your questions and guest suggestions! Use #property in the m3 Facebook group: facebook.com/groups/mymillennialmoney
Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-plan
Book a clarity call with John or take a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.
For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes
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