There is certainly no science or techniques in finding an investment property, or none that has yet been discovered.
There are, however, some solid rules of thumb that by checking as many off as possible, you will have a good stategy and reduce as many of risks as possible.
HERE ARE THE TOP 10 TIPS:
1. Property located in an area where there is a positive population growth.
2. Area that has an abundance of employment opportunities.
3. High rental demand
4. There is enough infrastructural developments (current or planned) to support the needs of the community such as transportation facilities and schools.
5. The suburb has an evident history of strong capital growth.
6. There is only limited supply of properties in the area, to ensure that the demand remains strong.
7. Purchase a property within the median price range. It will be easier to sell or rent out.
8. Choose a low maintainance property. Ensure that the property you are buying is well built and free from any defect.
9. Located in pleasing and safe environment.
10. Check the availability of shopping centres, parks, sport facilities and other amenities that will make the area attractive to other potential buyers and tenants.
For more information on finding an investment property, call me on 08104982099.
There are, however, some solid rules of thumb that by checking as many off as possible, you will have a good stategy and reduce as many of risks as possible.
HERE ARE THE TOP 10 TIPS:
1. Property located in an area where there is a positive population growth.
2. Area that has an abundance of employment opportunities.
3. High rental demand
4. There is enough infrastructural developments (current or planned) to support the needs of the community such as transportation facilities and schools.
5. The suburb has an evident history of strong capital growth.
6. There is only limited supply of properties in the area, to ensure that the demand remains strong.
7. Purchase a property within the median price range. It will be easier to sell or rent out.
8. Choose a low maintainance property. Ensure that the property you are buying is well built and free from any defect.
9. Located in pleasing and safe environment.
10. Check the availability of shopping centres, parks, sport facilities and other amenities that will make the area attractive to other potential buyers and tenants.
For more information on finding an investment property, call me on 08104982099.
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