Buying a second property can be a great opportunity to expand into real estate investment or purchase another owner-occupied home, but there are several things you need to keep in mind.

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Expert Advice

6 easy money habits that will put you ahead of the pack

Too many Australians are still struggling with their finances. A recent survey of more than 2,000 people by comparison site Canstar found that one third of respondents weren’t comfortable with their financial position. That’s a lot of people!

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The benefits of an offset account

An offset account can give you the freedom to “park” your own funds and save in interest whilst keeping the loan itself free of “personal” transactions. helpful if you are claiming a tax deduction on loan interest as most accountants will advise you not to deposit your own funds in and draw them out unless they are used for tax deductible purposes.

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