Pros and cons of second-hand investment properties
Second-hand residential properties are a popular choice, especially to those that are looking to get their foot into the market. Here are some negatives and positives of investing in an established house.
An established home can be more affordable and more flexible than an off-the-plan purchase. Photo: Shutterstock (Image source: Shutterstock.com)
New, old, off-the-plan, residential, commercial. There are many options available when it comes to deciding what type of property to invest in.
Second-hand residential properties are a popular choice, especially to those that are looking to get their foot into the market. Here are some negatives and positives of investing in an established house.
The negatives
- Repairs and maintenance
As a property gets older the need for repairs and ma…
