ByJohnSageMelbourne

You‘vedonetheresearchandyou‘reallsettopurchaseyourfirstinvestmentproperty—butwhatpreciselydoyoulookfor?Youunderstandmakingtheincorrectchoicecouldswellingyouwithapropertythatwillnevereverturnadollar,sothepressure‘son.

Butdonotstress!Herearesometriedandevaluatedthingsthatwillhelpyouzeroinonthebestresidentialinvestmentproperty.
Attractivefeatures–Trytofindinvestmenthomesthatwillattractaslotsofpeopleaspossible,likea2ndbathroom,securegarageorclose-byshops,schoolsandtransport.

FollowJohnSageMelbourneformoreexpertpropertyinvestmentguidance.

Wideappeal–Findapropertythatwillattractmorethanonesectoroftherentalmarketsuchassongs,couples,younghouseholdsorretirees.

Lowmaintenance–Keepingcostsdownisveryimportant,olderhousesorthosewithfunctionssuchasaswimmingpoolorsubstantiallandscapingmaycostmoretokeep.

Propertytype–Systemscanbeeasiertomaintainthanhomes,althoughyouwillhavetopaybodybusinessfees.

Ifthepropertyyou‘reconsideringhasfavorablecharacteristicsaccordingtothiscriteria,patyourselfontheback—you‘reontoagreatthing!Itmightbeworthcallinginsomeonetodoastructureevaluationtomakesurethepropertyhasgreatbonesandhasnocovertflaws.

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