The Golden Rules For Successful Property Investment

The Golden Rules For Successful Property Investment What You should analyse before investing in property?? It can be the location, the discount or the type of tenant it will attract. #1 LOCALITY Select a locality that has a good mix of home owners & private tenants. This will balance the demand of both the groups and will keep the house price and rental prices affordable. #2 Tenant Profile Think about the tenant you would like to rent your property to: Local Working Proffessional Students Housing Allowance #3 Rental Yield So you know your area and tenant profile, but what rental yield you should aim to? Most single let 8% + Gross Rental Yield Most multi- let 12% + Gross Rental Yield properties work best with a minimum of properties work best with a minimum of # 4 Potential For Capital Growth Check the supply of the properties in the area against the demand of increasing the population. If the demand is predicted to rise faster than the supply then this will offer great potential for Capital Growth. # 5 Affordability/Cashflow Finally, there is absolutely no point in 'living in abject poverty trying to get rich', so do your numbers and make sure you can afford the property you are contemplating before buying. Follow these rules and make your property investment journey sucessfull. Designed & Issued In Public Interest By Piktochart AMERI CAN COLONIAL CAPITAL ™M make information beautiful