Finding Your Right Investment Property

Keep Your Cool

Looking for an investment property should be a very different exercise than looking for a property that you are going to live in. Remember your goal is to find a property that will appeal to tenants and that you can easily rent, so try and keep your emotions and personal taste to a minimum.

Location is Key

Like with all property purchasing, Location! Location! Location! is very important when it comes to purchasing an investment property. Areas to consider would be suburbs close to schools, universities and amenities. Areas that have good transport links are also areas ideal for investment properties.

Do Your Research

Get to know the market and area you are looking at buying your property in is key. Learn about the area’s past as well as its future potential: Is the area safe? Who lives here already? Are there schools, shops, parks, and transport links close by?

Stick to Your Plan

Stay analytical and remain realistic. Remember what your budget is and what your goal is- you are not going to live here, so keep your potential tenants in mind.

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