The Property Podcast ASK367: Can I cut my living costs this way? PLUS: Is my ROI calculation right?
Feb 7, 2023
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Offset Living Costs
- Consider renting out rooms to offset living costs and save for investments.
- Speak to a mortgage broker to explore options for buying a property while living in it.
Company Purchase Considerations
- Buying in a limited company while living in the property might be difficult.
- Consult a broker and accountant to understand implications and tax treatments.
Gross Yield's Usefulness
- Gross yield is useful for benchmarking properties due to its simple calculation.
- It allows comparison across properties using a consistent method.