5 Secrets To Buying The Right Investment
Alex Sapounas
Conveyancer | Conveyancing Specialist | CM Lawyers | Conveyancing | Certified Conveyancer | Sydney
I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?
Buying the right property is the key to a successful property portfolio. Here's five tips to help you identify the best property for you to invest in.
Property investing has definitely got its upsides and its downsides. Talk to any property investor and they will tell you that there is as much opportunity as there are pitfalls. Now, the skill lies in navigating these in your favour in order to make your property investing most profitable.
The most common words of wisdom heard from those that do well with their investments are; buy with your head, not your heart; and the profit is in the purchase.
This is where most investors and especially those new to property investing, go wrong. Most tend to treat buying an investment property just like buying their home, which translates to an emotional buy. When it comes to buying right, this is where most go about it the wrong way too.
Commonly, we tend to look at agents’ windows, websites and the big property portals for suitable properties as an investment. Yet, there are other ways to go about it if you want to buy with the added value of either having fast capital gain, scope for improvement, subdivision or even development potential.
I’d be really interested to know your opinion. Check out the full article here https://www.smartpropertyinvestment.com.au/opinion/15738-5-secrets-to-buying-the-right-investment and then I’d be happy to discuss with you by phone (0295) 686 266 or email [email protected].
Thanks,
Alex