As it is with all investments, real estate is a tricky field to navigate. But with sufficient research and the help of a trusted real estate advisor, it can be highly rewarding. Below, we explore a few key factors for you to recognise a good investment property:
- Good entry price
- Cheap doesn’t mean good
- Vacancy rates
- Appreciation potential
- Know your costs
Before you begin, you should have narrowed down key traits of your ideal property, including the budget, location, size, type and what sort of tenant demographics you may want to target, so you can zero in on properties with the right mix of amenities. From there, we recommend that you get a
real estate professional involved with the buying process.
1. Good entry price
If your shortlisted property is
selling for a lower price per square foot than other transactions in the same project or area (assuming they all have largely similar conditions and factors)...
