The aim of the property game is always to make good investments, but this isn’t always easy. Often the excitement of buying property and building a Portfolio is very overwhelming; however as Landlords and Property Investors, we have to key our eyes firmly on the 6 fundamental points of property investment:
- Property Location
- Return on Investment
- Managing the Property
- Buying with your Head
- Exit Strategy
Regardless of the Property / Investment you are buying, these points are essential and should always be considered before buying a property.
Another key point is to ensure you are buying with your head and not your heart! Investments. Many costly mistakes are made when Landlords or Property Investors buy a property and furnish / finish it as if they were to live there themselves – read why this can be a mistake.