How to Profit from the Property Market. Become an Investor!

In Uncategorized by Jeff OsborneLeave a Comment

Quick Tips…

Where to buy…

• Familiar markets – Consider buying an investment property in an area close to a capital city or major regional centre.

• Growth suburbs – Look for areas where high growth is expected, where there is potential for capital gains.

• Rental yield – Look for areas where rents are high compared to the property value.

• Low vacancy rates – Find out about the vacancy rates in the neighbourhood. A high vacancy rate may indicate a less desirable area, which could make it harder to rent the property out, or to sell it in the future.

What to buy…

• Attractive features – Look for investment properties that will appeal to as many people as possible, having features such as a second bathroom, lock up garage or flexible living spaces.

Location – Look for properties that are close to local amenities, such as schools and shops and have good transport links.

• Wide appeal – Find a property that will attract more than one segment of the rental market.

• Low maintenance – Keeping costs down is important, older homes or those with features such as a pool or extensive landscaping may cost more to maintain.

Top Tip…

Find someone who knows more than you do; consult a successful property investor!

Leave a Comment