Thinking about buying your first investment property?

Here are 5 smart tips to help you get started, and set yourself up for long-term wealth.

1. Know your borrowing power

"Before you go house-hunting, speak to a mortgage broker to understand how much you can borrow, and what lenders are looking for."

2. Use equity smartly

"Already own a home? You might be able to use your existing equity as a deposit, no savings needed."

3. Get the structure right

"Should you buy in your personal name, a trust, or a company? Get professional advice, the right setup can save you thousands in tax."

4. Think beyond location

"Look for high-rental-yield areas with strong growth potential. The best investment properties aren't always in your backyard."

5. Plan your cash flow

"Factor in interest rates, rental income, maintenance, and tax deductions, and make sure the numbers stack up."

Book your free property loan review today. Premier Mortgages, turning property goals into reality.