Sophisticated
property investors begin with the strategy and then implement that by
purchasing buy investment grade properties in "investment grade” locations
whenever the time is right for them
The
important part of that statement is that they always buy "investment grade”
properties because this type of real estate is proven to do well in all market
conditions compared to other properties.
Smart
investors buy when they have their finances ready, or perhaps they have built
up enough equity in their portfolio to purchase another property.
And they
buy " time” by having financial buffers to ride out any temporary market
fluctuations because there will always be price ups and downs during your
property investment journey.
But they
recognise that time in the market is always more important than trying to time
the market.
Too many
investors try to time the market by looking for the "perfect time" to
buy.
But it
doesn't exist and while they wait for a mythical moment in time, they may miss
out on investment-grade properties that will grow in value while everyone else
is sitting on their hands.
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, 8 May 2024
