Many first time investors can over research or over think their options. Some investors do so much research that they in fact scare themselves out of property investment.
Often we can see all the reasons why property investment makes sense yet one article as to why shares out-perform property, or a bad tenancy story can shelve the property investment for months, sometimes years and on occasions, forever.
Always undertake research and ensure due diligence when making a decision. The fact is that to the inexperienced too much research can confuse and lead to procrastination.
- Buy your first investment property local – you know the local market
- Understand negative gearing
- Understand taxation benefits
- Buy peace of mind
- Make sure you are buying reasonable value property