How to Get Your First Investment Property Right – 3 Simple Steps
By: Niro Thambipillay
August 11, 2020
Thinking about buying your first investment property? Follow these 3 simple steps for success
When comes to property investing in Australia, strategy is almost always more important than just choosing a suburb you like or feel comfortable with.
In fact, did you know that according to the ATO, less than 2% of Australians end up with a property portfolio that can fund them in retirement. And where most people go wrong is with that first investment, which can set you back tremendously if you get it wrong.
Here’s a snap shot of what you’ll discover in this video:
- The most common mistakes most first time property investors make (and how to avoid them)
- How to ensure you ONLY invest in areas where it is easy to get your property rented
- Why buying property in an area you know could be the worst thing you could do… and what to do instead
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