The experts 7 Strategies to buying a positively geared property.
1. Buying Commercial property under market value – cosmetic renovations and it will rent higher.
2. Buying rural –. What is the micro-industry or infrastructure?
3. Usual fundamentals. Location, close to amenities, aspect. Drill down further … Does the property have options? Buying 3 villas or apartment blocks, e.g. sub-dividable, option for granny flat, zoning for multi-density dwelling. Population of 10,000 people or more.
4. Display homes in new suburbs – better fittings and inclusions. Better build. Developers will rent it for 12-24 months – guaranteed return.
5. Buying popular coastal towns (lower-priced) or CBD beach locations with an option for AIRBNB.
6. House share – a proximity to Universities. Property management to vet the students.
7. Car parks – Inexpensive and easy to maintain.
That’s the 7 Strategies to buying a positively geared property
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