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!
We recently purchased our second property and were referred to Nathan to see what HomeFree Mortgages could do for us.
Nathan is always looking out for our best and made the process easy.
This article shows the implications for property buyers and sellers.
By treating your property like a business and your tenants like valued customers.
You can convert everything you see to a format you find convenient. Give it a try!