Articles

How will you know if your next property investment will be like a teenage child, constantly with its hand out asking you for more and more of your hard earned money each week, or if it will be a great little cash machine, providing you with a reliable and steady, passive income that will continue to grow?

It takes a lot of planning to take all of your property investment income and expenses into consideration to get a true picture of the investment.

When you’re looking for your next property investment, here is a simple but effective approach that will help ensure your success.

Ok, so you have a deposit, (or access to a deposit through some equity in another property) and a loan pre-approval in place. So it is time to start looking for your investment property.

This is where it can start to become a little overwhelming. There is just so much property out there that you can buy!

Using the services of a real estate professional such as a Buyers Agent is becoming an increasingly common occurrence in many Capital Cities of Australia, especially our biggest City, Sydney.

In the most hotly sought after areas of Sydney, like the inner City, Eastern Suburbs, Inner West and lower North Shore, the competition for quality properties is strong and constant.

The question on whether it’s better to invest in residential over commercial, still remains an issue and would always be a topic on any debate among investors.

Proponents of investing in residential say it’s the least risky option, while those who are in favour of commercial would argue that commercial is safer due to its cash flow potential.