Size doesn't matter, and five other tips for buying profitable investment properties
Buying an investment property is as much about what it will eventually be worth as it is about the purchase price, so how do you maximise your investment's profitability?
Buying with a view to appealling to owner-occupiers, as opposed to investors, is advised when purchasing an investment property. (Image source: Shutterstock.com)
How do you know whether your property will be in demand in the future?
It’s not all about the location, but rather the quality of the asset. Yes, some investment strategies may be focused on demolish and build, whereby the costs for building would have been considered in the profitability analysis.
If, however, this is not your scenario there is no point buying a poor asset just to be able to buy in a popular location, as your cashflow will tak…
