Speakers were from Ray White's Development Marketing group, and from the Ray White finance subsidiary LoanMarket. They explained how an investor can use rental income and tax breaks and deductions to finance an investment property, and how to use that income stream to pay off your own mortgage. Obviously a key lesson was, don't pay off the mortgage on your investment property - your loan should be 'interest only' to get the biggest tax break, whereas you should try to pay off your home mortgage and any other non-tax-deductable debts as quickly as possible.As LoanMarket's speaker said, the government cannot afford to provide enough state funded housing, so instead they provide tax benefits to encourage the provision of rental housing by private investors. If you take advantage of these benefits, you are not just making money but also providing a family with a home. As the speaker said, just make sure you have Landlord Protection Policy (tax deductable of course) to cover the costs of a bad tenant.
On this basis, rising interest rates are good, because interest payments are tax deductable while property prices are influenced by inflation. But as the speaker said, above all you need good advice.
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