Become a pro at property investment with the help of these top buy to let investment tips. Can you t
- Did you do your homework thoroughly? While it is true that there is a growing demand for rental property all over the country it is still important that buy-to-let investors equip themselves with specific knowledge as to the price bands that are most in demand to eliminate the risk of a vacant property! - Are you willing to invest time and effort in your investment? If you are investing in sectional title you have to keep in mind that you will have to deal with the respective bodies corporate. - Are you patient? Yields may not always perform as you would like them to as they fluctuate depending on the market. It is important for investors to keep long-term goals in mind when times are not favourable. - Are you prepared to keep the properties you own in a good condition? If you are this will assure better tenants at higher rentals! - Did you go through the trouble to familiarise yourself with details regarding monthly costs such as levies, rates and taxes and other special fees that may be payable in future? It is crucial to understand these before embarking on an investment adventure!