EP 24: Paying rent AND a mortgage? Yep — people are Rentvesting!

20/05/2024 18 min
EP 24: Paying rent AND a mortgage? Yep — people are Rentvesting!

Listen "EP 24: Paying rent AND a mortgage? Yep — people are Rentvesting!"

Episode Synopsis

Send us a textIt's another ep of TWP and can you believe that some people pay both rent AND a mortgage?!It's called rentvesting and even our very own Joshua Lee has done it! It's become a popular way of investing and purchasing property, especially when you don't have the budget to live as close to the CBD as you wish.But as with anything — there are pitfalls to watch out for. And even Josh Lee himself had experienced one of those pitfalls recently. Learn all about it in today's episode!This episode covers:[0.01] Disclaimer[02.28] Housing, the younger generation & rentvesting[03.12] What is rentvesting & does it work?[06.16] Were people doing this 10 years ago?[07.05] What are the major advantages of rentvesting?[11.02] What are the major drawbacks?[13.18] Josh's experience with tenants when rentvesting[14.08]  Josh's unlucky experience during rentvesting[16.03] It depends on where you are in life[17.45] Closing thoughts---------Find Josh and Steve:Book a 15 Minute Call with Josh:https://calendly.com/linkwealthgroup-joshBook a 15 Minute Call with Steve: https://calendly.com/steve-lwg/Josh's TikTok:  https://www.tiktok.com/@joshleefinadvSteve's TikTok:  https://www.tiktok.com/@stevesloanefinadviserSign up to Steve’s newsletter: https://www.linkwealth.com.au/newsletterOur Financial Services + Credit Guide: https://www.linkwealth.com.au/fscg ---- General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation---- Want to find a Adviser that suits your financial needs:https://www.linkwealth.com.au/ Get in touch with Josh: https://www.linkwealth.com.au/josh-lee-link Get in touch with Billy:https://www.linkwealth.com.au/billy-norman-link Josh's TikTok: https://www.tiktok.com/@joshleefinadv Billy's TikTok: https://www.tiktok.com/@billynormanfp Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified Our Financial Services + Credit Guide: https://irp.cdn-website.com/91137b04/files/uploaded/Link-Wealth-Advice---FSCG-Version-3.2-210825-Current.pdf ---- General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.