What is rentvesting?
The term 'rentvesting' is a combination of 'renting' and 'investing'. Rentvesting is a strategic and increasingly popular approach to property investment that allows you to build wealth without sacrificing your lifestyle. The concept involves renting in an area where you want to live while simultaneously investing in real estate in locations that offer strong growth potential and fit your overall strategy and budget.
Why rentvest?
On average, most first home buyers will end up leaving their homes within 5-10 years of purchasing. Changes in lifestyle such as upgrading houses due to starting a family, job relocation, relationship changes are all common reasons for this to occur. Rentvesting allows individuals to enter the property market sooner and begin their wealth creation. Buying in a strong market, backed by key data factors, eliminates these issues and ensures your money is working in the best way possible for you.