A real investment strategy in which you rent your main residence wherever suits your lifestyle, while buying investment properties and leasing them in suburbs that you can afford.
Alice: Home ownership in Sydney is impossible.
Bob: Why not rentvest/do rentvesting?
Alice: What’s that?
Bob: Live/rent in Sydney for $500 a week to enjoy the lifestyle. Buy an investment property in Brisbane. Wait for house prices to increase and make a profit. Buy a house in Sydney in the future with the profits!
Bob: Why not rentvest/do rentvesting?
Alice: What’s that?
Bob: Live/rent in Sydney for $500 a week to enjoy the lifestyle. Buy an investment property in Brisbane. Wait for house prices to increase and make a profit. Buy a house in Sydney in the future with the profits!
by TheDumbInvestor April 11, 2021