Post to SinFongChanRE.Wixsite.com on 3/5/2018 10:46 PM
Commenting on “Tips on real estate investment”
The last boom was the most usual and can’t expect to eternity for decades to come.
Property investment is for long term, and for those who have the foresight, always invest in the neighbouring suburbs of the boomed suburbs. I do not mean immediate neighbours, because they are still pricey. It is important to recognise the rate of return rather than absolute dollars.
If it is an investment property for rental, a lower price property is easier to rent out than the more expensive one. Therefore the occupancy rate has to be factored in, because the tenants are helping out to repay your mortgage.
Spreading the risks instead of putting everything in one basket. Smaller parcels are easier to liquidate, and should the time come when a better opportunity knocks, swap the investments.
Thank you for reading.
Commenting on “Tips on real estate investment”
The last boom was the most usual and can’t expect to eternity for decades to come.
Property investment is for long term, and for those who have the foresight, always invest in the neighbouring suburbs of the boomed suburbs. I do not mean immediate neighbours, because they are still pricey. It is important to recognise the rate of return rather than absolute dollars.
If it is an investment property for rental, a lower price property is easier to rent out than the more expensive one. Therefore the occupancy rate has to be factored in, because the tenants are helping out to repay your mortgage.
Spreading the risks instead of putting everything in one basket. Smaller parcels are easier to liquidate, and should the time come when a better opportunity knocks, swap the investments.
Thank you for reading.
