podcast

How to grow your portfolio faster using equity

By Staff Reporter
0

Paul Myliotis, general manager, Oasis Property Buyers

 

{{youtube id="sOnD4SXpC40"}}

In terms of using equity to grow your portfolio, that's a question I get asked consistently. You definitely need a lender who will allow you to do valuations on your property consistently at no cost to you. And they are available out there in the marketplace. So in theory the way that you use equity to purchase another property is whenever your existing property grows in value, you get a valuation and you try and get an increase in that value to use as a deposit for your next property. It is complex. You should get good advice on it but having a lending package and a broker that is associated with your plan is very important.

Listen to other instalments of The Smart Property Investment Show:
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
Episode 51: SPECIAL EPISODE: SPI team reveals all the financial details of its portfolio
Episode 50: 8 properties by 25: Former housing commission kid reveals how he changed his life and created wealth
Episode 49: How to build a sophisticated multi-property portfolio
Episode 48: ‘From just $2,000 in my pocket to 6 properties’
Episode 47: The SPI Show answers more listener questions: Special episode
Episode 46: 4 properties by 24 – how to build a portfolio without sacrificing fun, travel or food
Episode 45: Special guest Mark Bouris on what really makes property prices rise and when to invest
Episode 44: ‘11 properties by 31, now I’m stuck: What’s next?’
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%