5 Mistakes First Time Property Investors Should Avoid
Retirement planning is a common motive for people to invest in property. But did you know that a majority of these investors start late? A majority of these investors are making a loss because they have higher holding costs when compared to the rental income. Visit https://www.mortgagecorp.com.au to learn more.
Retirement planning is a common motive for people to invest in property. But did you know that a majority of these investors start late? A majority of these investors are making a loss because they have higher holding costs when compared to the rental income. Visit https://www.mortgagecorp.com.au to learn more.
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• Buy investment property for capital growth, yield and cash flow<br />
• Check rental houses in the area to determine how much rent you may get<br />
• Don't buy properties someone has just refurbished<br />
• Look for rundown properties to develop or renovate<br />
• Look for properties near public transport, school, shops, depending on<br />
where and how much you're spending<br />
• Eg: if you're buying a property near University, you want to be near<br />
public transport
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