Have you ever thought to borrow against the value of your rent roll asset? It’s entirely plausible for you to do so as your rent roll has a market value and for the high majority of rent rolls around the country, they hold no little to no debt.
Some smart tax advantageous options around borrowing funds against your rent roll asset include purchasing a rent roll itself to aid with the growth of your business. Perhaps you would like to invest in a larger or more centralised commercial building for your business. Or simply use the capital value to leverage against to secure an investment, ie; a rental property.
Depending on the relationship you have with your bank and their knowledge around the valuing methodology of a rent roll you can simply discuss your borrowing options directly with them. Alternatively, send me an e-mail and I will be able to provide you an example of the accredited valuations we provide our clients.
Hamish has over 17 years of experience within the property management industry and has experience throughout New Zealand and Australia as a manager, principal and consultant. He utilised all of this experience to form a property management business that he expanded between 2009 and 2016 into 7 locations around New Zealand.