Lo­cals learn­ing about in­vest­ing in property

Whitsunday Times - - WHITSUNDAY BUSINESS -

IN­VEST­ING in property can help to cre­ate wealth and re­duce tax – and the eq­uity in your own home can be used to help you do this.

This was the main mes­sage from the in­vestors in­for­ma­tion evening or­gan­ised by Ray White Whit­sun­day at the Reef Gate­way Ho­tel last week.

About 60 people at­tended the evening with guests speak­ers in­clud­ing Terry Archer from the Home Loan Spe­cial­ists, Gra­ham Ma­zlin from the Leader Group and Stu­art Bell from Property De­vel­op­ment Law. Ray White Whit­sun­day prin­ci­pal Mark Beale said more in­for­ma­tion ses­sions were planned.

He said that be­cause you could use the eq­uity in your own home to buy an in­vest­ment property, a big de­posit was not al­ways needed. He said this meant many people bor­row money with­out a big de­posit and could con­tinue to re­duce their own per­sonal debt while ten­ants paid off their in­vest­ment property.

IN­VEST­MENT IN­SIGHTS: Terry Archer (Home Loan Spe­cial­ists), Gra­ham Ma­zlin (Leader Group), Stu­art Bell (PD Law) and Mark Beale (Ray White Whit­sun­day) spoke at an in­vest­ment sem­i­nar last Thurs­day night.

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