My Property Investment Tip #2
Buy where it’s booming!
Seems obvious, but did you know most investors buy in the same postcode as where they live? Interesting isn’t it? But by doing so they take their eye off the actual prize of property investing – making money!
When you’re in a position to buy an investment property, don’t be lazy. Get some help and find out what location has the best chance of going up in value. You’ll make more capital growth, but you’ll also see the rent rise and that will give you a nice little passive income every week.
P.S. Are these tips helpful? Or am I abusing the friendship by dropping them in your inbox?
Daimien Patterson is the CEO of Integrity Property Investment, a property investment company based in Australia. He regularly produces books, blogs and videos on the topic of property investing, helping thousands of people create financial security and freedom through education and property investment. Get started today.