Buying your first investment home? Where to start?
It is important when buying an investment home that you work with a professional so that you can ensure a strong ROI (return on investment). There are two main reasons for entering into the property investment game. You usually are looking for a passive income while having your building increase in equity at the same time. The passive income helps with the day to day running of the property and updating it. Make sure that any and all properties are inspected by a reputable company. You will want to know what maintenance is coming up and if the net income is enough to cover the costs. You do not want to have to spend out of pocket if can avoid it.