podcast

How to structure your finances for a multi-property portfolio

Lisa Montgomery
0

Lisa Montgomery, Finance expert, Resi Mortgage Corporation

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Putting in place the right financial structure can help you grow your portfolio.

It's very important that right from the out set that you're working with your lending professional to set up a structure for your multiple property portfolio. So that it's going to not only suit you now but it's also going to be one that's going to take you into the future and will work for you then.  So that you're looking at saving money over all, via interest, but also money on costs, so being able to save costs like LMI and loan set up fees. But also that that structure is malleable enough so it's going to be able to shift and change with the different detours you might need to take with your property portfolio.

Listen to other instalments of The Smart Property Investment Show:
Episode 70: SPI special episode: buyer’s agent answers more listener questions
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
Episode 68: Special episode: audience discussion live from the Property Buyer Expo
Episode 67: Don’t get ‘caught up in the now’: an expert reveals his tips for success
Episode 66: Wealth distribution: how should you manage your money?
Episode 65: Real estate agents: what separates the good from the bad?
Episode 64: How this investor learned from a property blunder
Episode 63: Q&A session: the SPI team answers your questions
Episode 62: Property procrastination: the importance of finding help
Episode 61: The ins and outs of strata: what buyers should consider
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