People are surprised at how affordable it can be to own an investment property.
At The REIN Group we select our residential properties carefully, so we only offer properties that have strong returns with minimum costs to you each week.
Getting Started - A Deposit
To get started you will need a deposit, this could be in the form of:
- Cash
- Equity in your home or existing investment property
- Equity in your parents home
- A gift
On Going Expenses
Once you have a deposit the next step is to make sure you can afford the on going expenses. The REIN Group will never recommend a property unless you can afford it. We will sit down with you and do a personalised cash flow.
Use your tax to pay for your residential property
You can use some of the Tax that you would normally be paying to Canberra, to help pay for your investment property. By completing an Income Tax Variation (ITWV) form you can claim back a large proportion of your income tax in your pay packet each week. This is a Government incentive designed to encourage people to invest in property.
By calculating your ITWV entitlements and taking into account the rent that you get from the tenant, most of our investors end up with either a cash flow neutral or cash flow positive investment.
Have your tenant help pay for your property
At The REIN Group we carefully select properties that will provide strong rental income and have low vacancy rates. This helps ensure that your tenants are helping to pay for your investment.