Did you know that the house that you own and especially if you own it outright, is not an asset – it’s a liability. All that money that your house is worth or paying off is sitting there earning nothing – plus its costing you in rates and insurance etc. Yes it may increase in value over time but it also can decrease as the property market is showing now.
That means if you even if you are sitting mortgage free or even only half mortgage free, you could refinance by using your house as security to provide you with another property to provide an additional income stream.
You could also do a renovation to increase its value and sell at a profit and perhaps downsize into another property. And even if you have no funds to renovate – no problem. We can help.
Contact me for an informal chat to discuss your plans and how I may be able to help. Sometimes its good just talk and share thoughts about where you are at and then in the process discover some solutions or ideas to help point you in the right direction. If you like what we can do, we can progress from there and if not, we will have been pleased to have helped.
Mau Investments – Property Solutions made easy 01 332981666