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When building a new house, either an investment property or an owner-occupied home, one of the contract options you can avail of is progress payment. What is it and where does it apply? In this video, let’s talk about progress payments in the construction of a house. I discuss the processes on how to settle your property construction by using the progress payment strategy. Moreover, I explain the importance of using progress payment for your property investment. ❓Do you want to start investing in property but don’t know how to start? 🔗Get a FREE Consultation from Real Estate Property Experts NOW: http://empire8property.com.au/contact... There are a lot of ways how to settle the payments on your house that is being constructed. You can pay at the end of the project, in the beginning, or during the building phase. Progress payments are widely used in the home building industry with the main purpose of mitigating risks. Making partial payments throughout the construction project will help everyone involved in the project. It makes sure the funds needed are available at closing and avoid any disturbance on the completion of the property. ▬ 👑About Empire 8 Property Investments ▬▬▬▬▬ Empire 8 Property investments specializes in providing custom-tailored property investment education, consultation, and strategies specifically geared towards each individual’s unique financial circumstances, goals, and priorities. Our mission is to help hard-working Australians build true and lasting wealth through property investment. 🚀 Get a Consultation from Real Estate Property Experts ► Official Site: http://empire8property.com.au 📧 Email: manish@empire8property.com.au 📞 Phone Number: +61(0)433 213 993 ▻ Facebook: https://bit.ly/3AMBlVe ▻ LinkedIn: https://bit.ly/3BIEgPN 🔔 Subscribe for More Tips to Grow Your Investment Portfolio ▻ YouTube: https://bit.ly/3FFJkad #payment #propertyinvestment #property #investment #realestate #empire8 #money