No one wants to part with a large amount of money to end up
with a poor result, which is exactly what can happen if the property isn’t
chosen carefully.
So how do you make the right choice among so many options?
Do your research beforehand to gauge what types of
properties are likely to be in continuous strong demand in the future by a wide
demographic who can afford to and will be prepared to pay a premium to live in
that area.
While most inexperienced investors start by looking for a
property and then doing their research backward from there, strategic investors
look for the right location first.
They recognise that the location of their property
The ability to work, live, and play all within 20
minutes’ reach is the new gold standard for urban planning.
Imagine being able to carry out your daily activities within
a 20-minute walk from home.
All the things you need in a day would be just a short walk
away.
In planning circles, it’s a concept known as the 20-minute
neighbourhood, and it could be on the cards for your area sooner than you
think.
And it’s likely that in our new "Covid Normal” world, people
will love the thought that most of the things needed for a good life could be
within a 20-minute public transport trip, bike ride or walk from home.
Things such as shopping, business services, education,
community facilities, recreational and sporting resources, and some jobs.
Ultimately, we all face similar fears when it comes to
investing in property – and in fact, it would be unusual if we didn’t have
fears of some sort.
The key to moving past your fears is to do what you can to
mitigate them, so they don’t stand in your way and prevent you from building
your wealth through property.
RealRenta has all the tools that a property manager has but for less
than ¼ the cost of a property manager.
You can now manage your Residential,
Commercial or share/student accommodation property
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
Wednesday, 9 October 2024
