Expanding your portfolio?
- July 16, 2019
If you are considering expanding your investment portfolio & purchasing more properties, have a read of some of our top posts for advice & tips.
Whether this is your first or fifth auction, bidding can be intimidating. Setting yourself up for success at an auction can be the difference between winning the property you want for a fair price, getting carried away and paying far too much, or letting the property go.
Until recently, property prices have been soaring especially in Sydney and Melbourne suburbs. The kind of places that many of us like to live. As a result, rentvesting has become a popular way for many first-time property owners to enter the market and continue to live the lifestyle they are accustomed to.
If purchased correctly and with care, off the plan apartments have the potential to be a sound wealth creation tool. However, like many investments, they are fraught with danger and are a much riskier proposition than buying a property that is already built.