In this final quick tip series, I’m going to show you how your exit strategy (inc. how long you’re going to own the property) should determine which properties you should buy.
One of the benefits of property investment over many other traditional business or industries is the power to leverage.
Running a rental portfolio you’ll find there are a range of different tenant types or ‘Tenant Profiles’ you’ll be able to rent to.
The main ones to consider are….
Whether you’re investing primarily for capital growth, or for rental income, it’s essential you consider and understand how Rental Yield works and effects your portfolio.
When I first got involved with property investment, I bought a property that, on paper, had a discount of 31%.
To date this has been my worst performing property.