Property Investment Advice - 3 Key Stages of Property Investment
Published on 2nd May 2008 by Don Ross
As with all Investments, you need to keep in mind that each one has 3 stages. The Entry, The Management & The Exit. Property investment is no different, but has different considerations from other investment types and it's these considerations, or the perceived hassle of these, that makes people feel that Property Investment is a higher risk than it actually is.
The Entry - What's the price, is it below market value, what's the historic and predicted Capital Growth, can I get finance/mortgage?
The Management - How and who do I rent to, do I employ a letting agent, how do I furnish the property, what about repairs, maintainance and tenant letting?
The Exit - The important stage that many forget - you can never liqudate your assets if you can't sell them. How sellable is the property, Will it sell to a owner occupier or another investor, Is there a lot of other similar property up for sale in the area and what are the costs of selling?
We can help you answer and understand all these aspects for all of our Property Investment options. We will guide you through all the aspects of Property Investment that you need to know and then you can make an informed choice as to which Investment Property Strategy is most likely to achieve your financial goals.
Don Ross
General Manager of Ward & Co, has a vast range of experience in both financial services and property development. As an international speaker he has provided the inspiration that has led to wealth creation around the globe.
