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 should I look for in an investment property?
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Elmira Nancy
Advanced Member



United Kingdom
190 Posts

Posted - 09 March 2010 :  07:05:35  Show Profile  Reply with Quote
So that it can be positively geared?How do I determine if a property will make a good investment?Is there a checklist someone can reccommend?

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salenacaitlyn
Senior Member



USA
31 Posts

Posted - 16 April 2010 :  17:30:20  Show Profile  Reply with Quote
location, location, location
what are some nearby businesses or neighborhoods
what are the future expansion ideas for the town
is there significant debris or overgrowth creating problems
if it has a structure what is it's general condition
how long can you stay invested w/o starting to see revenue

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lilly123
Average Member

United Kingdom
18 Posts

Posted - 05 July 2010 :  11:40:18  Show Profile  Visit lilly123's Homepage  Reply with Quote
Hello
Finding the investment property you want

The Property Buyers Guide is full of great information to help you buy the property to match your needs. It's a checklist where you can keep a record of all the properties you've seen. You can jot down everything from the address of the property and real estate agent's details, to the number of bedrooms plus services and facilities in the local area.
What's the right investment property loan for me?

Loans fall into three categories, variable interest rate, fixed interest rate and line of credit. In order to minimise your interest repayments on your investment you may prefer interest only repayments.
Who are Buyer's Advocates when they're at home?

Buyer's Advocates work for real estate agents and give professional advice on what property to buy or lease. They weigh up the investment risk and negotiate the best price


Thanks

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kattima
Senior Member



20 Posts

Posted - 10 July 2010 :  09:48:01  Show Profile  Reply with Quote
Real Estate should always be a long term investment, and a 7 year horizon is a good start.The key is to buy the most property you can afford with break even cash flow at the start, but seek positive cash flow deals to reduce your risk during vacancies.


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