All the planning in the world can
sometimes fail to account for unforeseen eventualities that throw a spanner in
the works.
Perhaps you’ve done
all that hard work, only to find that the market or interest rates have moved
unfavourably against you.
Of course, these potential issues are
not so problematic if you’re keeping the finished property investment, which is
another reason why I favour a buy, renovate and hold approach – timing the
market is not so essential, and as such, there’s a greater margin for error.
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
Tuesday, 30 April 2024