Locals learning about investing in property
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.