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The pros and cons of ‘rentvesting’

Rentinvest

“Rentvesting” can give you the dream lifestyle now and help you build a property portfolio that will boost your future wealth. “Rentvesting” is where a person or family elect to rent where they want to live but still invest in property for their financial future. In simple terms, if you could afford to buy in a particular location and the mortgage repayments were $4000 a month, yet to rent a similar property in the same location cost $2000 per month, then you would have a spare $2000 per month to invest. Money discusses the pros and cons of this strategy, plus we reveal 109 suburbs to rent or buy in.

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