Any property
can become an investment property – just kick out the owner and put a tenant in
place and it becomes an investment property.
But less than 4% of properties currently on the market are "investment grade”
and will deliver wealth-producing rates of returns
Don’t rely
entirely on property data - it can be misleading and can be twisted to say
almost anything.
Property
investment is part science and part art– you
need to understand and interpret data (science) but you also need the ground
perspective to employ that data (art.)
There are 4
ways you make money out of property:
Capital growth,
rental income,
tax benefits and
forced
appreciation or manufactured capital growth through renovations or property
development.
But these streams of income are not all equal. Tax-free capital growth is the
most important.
Cash flow is
important to keep you in the property game, but capital growth will get you out
of the rat race.
RealRenta has all the tools that a property manager has but for
less than ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a week to manage your
rental property.
RealRenta also has a free vision, so why not check it out.
Jason Gwerder
Tuesday, 14 March 2023
