Why it works so well
Owning rental property has proven over and over to be the best investment for people over time.
Why? It comes down to numbers. Instead of owning just one property that increases in value over time, you are owning two that are increasing in value over time. The mortgage on the second property is getting paid by the rental income, so at the end, that equity in your rental property will have increased quite alot.
All of this is done by the power of “leveraging”. Leveraging in this case is borrowing money to your advantage – the bank is lending you the money which enables you to purchase and own that rental property.
All you need to start is your own home that has a decent amount of equity in it!
If you’d like to see if you can make your dream come true of owning a rental property, book your 15 minute consultation with David today!
Strategy is important!