As far as I’m concerned, there are two main things to consider when
becoming a borderless property investor, and they’ll be the make or break of
your investment.
1. Have a
long-term strategy
Any investment you make should be part of a long-term strategy rather
than an isolated event.
That’s because property investment is a process, not a one-off event, so
any investment, no matter where its location, needs to strategically fit in
with your long-term goals.
2. Get a
buyer’s agent to represent you
A local buyer’s agent with great perspective and experience in the area
which you’re planning to buy is invaluable and as far as I’m concerned, vital
for a successful investment.
Trying to invest interstate either without a buyer’s agent or with one
who doesn’t really understand the nuances of the local markets could be a
recipe for disaster.
Steer clear of buyer’s agents that fly in and fly out. They just don’t
have the on-the-ground perspective that’s needed to make a smart decision.
RealRenta has all the tools that a property manager
has, but at over 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
Friday, 15 October 2021
