Tips For Buying An Investment Property
It’s a good idea to spend a few months researching the market before you buy a property. Look at different properties in different areas and at different prices. Find out what rentals they’re earning.
Important aspects include schools, shops, parks and public transport. Quick access to the Gautrain could be an advantage – so could a garage shop and Woolies nearby.
Check out the property at various times of the day and night and on different days of the week. Try to get a sense of what it’s like to live there. Listen and check out traffic and noise levels. Speak to people who live in the neighbourhood and get their opinions of the area.
The best investment properties are those that are well priced and located in a good area. There should be a strong demand for these types of properties . This will ensure a good rental return and appreciating values. It’s worth putting lots of time and effort into finding these types of properties.
Working with a reliable and well-informed property professional will assist you. They can give you insightful information about the neighbourhood. They should also be able to inform you about rentals in the area.
