The Key To Building A Multi-Property Investment Portfolio

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this...

Planning is key

Investors should first identify the reason they want to create a multi-property portfolio and their financial and lifestyle goals so they can work towards them. Every portfolio must be to suit the individual person income and desired outcomes for the future, says Rowsthorne. It must be personalised to suit you.

Get the best property

Choosing the right property is one of the most important factors to a successful investment portfolio. Make sure the property is easily sellable and has a low chance of rental vacancy.

Here are some tips for choosing the right property:

• Buy properties under the median price so they have room to grow.
• Look for at least nine per cent capital growth and a rental yield of eight per cent per year to cover all property-related expenses.

Portfolio expansions.

Don't worry too much about the size of your portfolio, she adds, but instead focus on the performance of your properties. You might have four properties and they may give you the same result as 10. You just have to get the right properties.

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Thanks,

Salena