Today's investment property tip - brought to you by the Homefree Team.
AVOID RURAL, SMALL &/OR MINING TOWNS/OFF THE PLAN PURCHASAES/SMSF/CITY APARTMENTS/HOUSE & VACANT LAND - UNREGISTERED
Rental returns may be higher in some areas, however, should a major business/employer close (i.e. Ford in Geelong) you may very quickly find your property vacant, limited prospective tenants and property values on the decline!
Making use of your equity depends on its relative equity percentage, or LVR (Loan to Value Ratio).
Thursdays Investment Property tip from Homefree Mortgages!
Are you thinking of purchasing an investment property?
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