In this episode, Tim from Nexus Money discusses a possible strategy of taking out a new valuation of one’s property to determine if there is any equity available for borrowing against. He suggests using this equity to increase the deposit for a future property purchase, lowering the cost of mortgage insurance and other expenses. Tim also mentions that it may be a good idea to take out this equity now, while property values are still high, in case they decrease in the future. He recommends talking to a broker or bank to determine the best course of action.

At Pure Real Estate, we specialize in managing residential properties. Our experienced team has a proven track record of maximizing rental income and minimizing vacancy rates for our clients.

We offer a range of services, including tenant screening and placement, rent collection, and property maintenance. We also provide regular communication and transparent reporting to keep our clients informed about the performance of their properties.

If you are interested in learning more about what we can offer, please don’t hesitate to reach out. We would be happy to discuss your specific property management needs and provide a personalized proposal. Thank you for considering Pure Real Estate.