Don’t focus on bargains — they rarely have a future

In today’s informed market, there are very few bargains.

Sure, we are experiencing fewer property transactions because of the effects of the coronavirus, but there is a flight to quality and buyers have become more discerning.

While it’s often said you make your money when you buy your property, and that’s true, it’s because you buy the right property not because you buy cheaply.

Getting your property $10 -$15,000 cheaper will be a one-off bonus.

On the other hand, buying a property with above-average capital growth potential delivers recurring compounding benefits.

Think about it…Properties that no one else wants today will probably be the type of property that no one else will want in 5 years’ time.

Price is what you pay, value is what you get; so buy the best property you can afford — the type of property you’d still be happy to own in 10 to 15 years time.

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
Thursday, 1 June 2023

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