Deciding whether to invest in property or buy a home to live in is tough. Although the decision might seem straightforward, the consequences can have a lasting impact on your financial future.

When you think about buying a home, there are hurdles like figuring out if you can afford to buy where you really want to live. On the flip side, rentvesting gives you flexibility, but you need to watch out for changes in the rental market and think long-term about investing and its potential impact on your future ability to buy a home.

In this episode, we talk about the pros and cons of both options. Join us as we dive into the rentvesting versus homeownership debate, examining the advantages, disadvantages, and everything in between.

Episode Highlights:
00:00 - Introduction
02:06 - Should you rentvest or buy a home to live in?
03:16 - Two critical questions one must ask themselves before considering rentvesting
08:42 - Who are the two most ideal candidates for rentvesting?
10:52 - Rentvesting pro #1: You can buy anywhere
14:16 - Rentvesting pro #2: You get rental income
15:45 - Rentvesting pro #3: You get tax deductions if it's negatively geared
17:13 - Rentvesting con #1: You have no access to grants/incentives as a first home buyer
20:17 - Rentvesting con #2: It could limit your borrowing capacity to buy your future home
24:29 - Rentvesting con #3: The potential uncertainty and risks associated with renting
25:55 - Rentvesting con #4: Selling an investment property incurs capital gains tax
29:03 - Bonus: What you need to know about investment properties and land tax
Resources mentioned in this episode:
➼ Courses for first home buyers who don't want to miss a step:

➼ The Stepping Stone Strategy Tutorial

➼ Kick start your property journey here:
➼ FREE MINI COURSE: How to price property like a professional
➼ Meet our recommended mortgage brokers at Home Buyer Academy
➼ Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers

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➼ Work with Veronica:

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➼ If you have any questions or would like to be featured on our show, contact us at: [email protected]
If you enjoyed today's podcast, don't forget to subscribe, rate, and share the show! There's more to come, so we hope to have you along with us on this journey!
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How ready are you to buy your first home?

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

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