Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Risk Manage Your Property Objectives

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Risk Manage Your Property Objectives

Article excerpt

IT'S undeniable that property enthusiasts, be they home owners, investors, developers or otherwise, look at the world a little differently. There are many skills involved in investing successfully and it largely takes a team behind you as well.

Look for solutions

Where an inexperienced buyer will see a grotesque property, a savvy investor will usually see an opportunity and a chance to buy under market value as emotionally attached home buyers steer clear.

Similarly, an investor will look at areas that many deem problem areas and see if they're set to undergo significant changes that may make them a prospect down the track.

The best investors know that where other buyers are turned off there may just be an opportunity lurking and that sometimes it's worth looking beyond face value.

Understand the numbers

We hear the phrase, run the numbers, a lot, particularly when it comes to doing your due diligence. But the truth is that the best investors truly understand what the numbers mean. This may just be knuckling down into what a rental yield really is, and what affects it, but can go as far as creating your own spreadsheets within which to plot the potential property's statistics. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.