Becoming a landlord while still renting? ‘Rentvesting’ promises a foot on the property ladder, but watch your step
- Written by: James Graham, Lecturer in Economics, University of Sydney
Mark and Anna Photography/ShutterstockAs home ownership moves further out of reach for many Australians, “rentvesting” is being touted as a lifesaver.
Rentvesting is the practice of renting one property to live in yourself, while simultaneously purchasing an investment property somewhere cheaper and leasing it out.
Ideally,...