5 Ways To Get A Bigger Bang For Your Property Dollars

For property investors, one of the on-going challenges is keeping costs down.  The purchase cost is sunk, and rates and taxes, and other costs are not directly controllable.

But a property with gearing provides the owner with some strategic choices; and making the right choices at the right time can make a big difference to the yield over time.

This article from Michael Yardney at YourMortgage.com.au offers some tips.

Investing in real estate is a costly business but there are plenty of strategies you can use to maximise your money and ensure your dollars are working as hard for you as possible.

Tips discussed include:

1. the use of interest-only loans
2. spread lenders and securities
3. maximise depreciation claims
4. leveraging insurance
5. buffer accounts for cash management

Read the full article here: Via yourmortgage.com.au