Ever heard the saying ‘Fail to plan, and you plan to fail’? While there’s no silver bullet solution to finding the right property, it’s a good idea to start your search with a solid strategy.
- What kind of property do you want to buy?
- Whereabouts are you going to look?
- What sort of cash flow suits you?
- What’s your budget?
Unfortunately many investors don’t have a fully formed plan when they start house hunting. They’ll have an idea—of course—but they haven’t worked things through thoroughly.
Use these five tips to find the right investment property for you.