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Tips for the life long property investing journey

On Aug 01 2012
Tagged as:
  • Residential Property


Direct property investments continue to deliver the most stable returns to investors over the long ...

Direct property investments continue to deliver the most stable returns to investors over the long term and therefore remain an excellent way for Australians to plan for a stable future.


Property investing is all about getting a foot on the ladder, with each step securing you a better future.


Tip:

 

Keep an eye on capital growth and vacancy rates movements around the country. Too often people buy into the same rental market that they live in and miss out on opportunities in areas where rent may be as high but purchase price is much lower.


Tip:


Don’t make the mistake of thinking that buying a home means you need to live in it. Do your research and look for the high yield/low vacancy location and rent it out while you continue to live in an area that best suits your current lifestyle.


Tip:


When choosing your finance it’s always best to seek the independent help of a Mortgage Broker to talk through your individual needs.


Tip:


Know your budget, leave room for the unexpected, and take full advantage of negative gearing benefits for your investment property and claim everything you are legally entitled to.


Tip:


Always remember to seek advice from a qualified professionals such as accountants, financial advisors and financial planners to ensure any financial decision you make is the best one for you.

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