The number of investors who own multiple properties is rising

According to the ATO  the number of taxpayers claiming a net rental loss (negative gearing) fell 1.8 per cent to 1.28 million.

And rental losses fell 2.3 per cent to $11.1 billion due to falling interest rates.

Look at it in another way:

If there were 100 Australians:

• 16 would own an investment property and
• 84 would not own an investment property.

Of every 100 property investors :  

• 76 had a rental loss (they negatively geared - 1.28 million Australians)
• 24 had a net rental profit
• 75 owned just one investment property
• 19 owned two properties
• 6 owned three properties
• 2 owned four properties (118,412 Australians)
• 1 owned five properties (37,213 Australian)
• 1 owned six or more properties (19,198 Australians)

So how will you become one of those successful property investors?

Are you going to take advantage of the property markets in 2017 or are you going to get caught by the traps ahead? 

If so and you’re looking for independent advice, no one can help you quite like the independent property investment strategists at Metropole.

Remember the multi award winning team of property investment strategists at Metropole have no properties to sell, so their advice is unbiased.

Whether you are a beginner or a seasoned property investor, we would love to help you formulate an investment strategy or do a review of your existing portfolio, and help you take your property investment to the next level.

Please click here to organise a time for a chat. Or call us on 1300 20 30 30.

When you attend our offices you will receive a free copy of my latest 2 x DVD program Building Wealth through Property Investment in the new Economy valued at $49.

About Brett Warren Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.