Being a Smart Property Investor

Property is still regarded as one of the best investment choice. This statement has been proven since the property still has favorable returns in the midst of economic ups and downs. Therefore, many people wanted to invest in property.

Unfortunately, many investors are still using their emotion in choosing and determining a property as an investment. Consequently, the results are sometimes not optimal and not a few others suffered losses. This trap of property investment is often experienced by many people.

Before you want to be an investor, the important thing is collect all the references and all the wishes of the consumer. There are five elements that must be considered by prospective investors in selecting and determining a property as an investment:

1. Investor should be smart to determine when the right time to buy property is. The most important principle is to buy at low prices and sell at high prices.

2. Investor should choose a prime location. Downtown location is an area that has the prospect of a guaranteed value increase continuously. Other prospective strategic location is near the business center area where economic growth.

3. Be creative in determining the sources of financing, whether through cash or credit/mortgage. Adjust with your financial capability as an investor.

4. Try to look at the property which has investment prospects for the future. This will affect the speed of return on capitalization of the type of investment. Usually condo occupies the top position of return on investment.

5. Always consider the developer's track record. It determines the quality of property's building in the future. In addition, the developer determines the completion time of a property that must be consistent to the contract.



[image taken from: goodtimes.com.au]

Related Post