Q. Tips for building an investment property?
1 Answer
The property investment landscape is changing rapidly and uncertainty in different market factors has resulted in more need than ever to seek expert advice before investing in property. While this uncertainty can create confusion, it is also an opportunity for savvy investors to utilize a number of different strategies to maximize their profits. Some of the more effective strategies involve adding value to an investment property. There are better ways to add significant value to an investment property, while providing considerable tax minimization benefits at the same time.
- Pick a growing suburb
- Find the right builder
- Customize the home for the market
- Make use of financial incentives
- Engage a Financial Adviser
Building a new home on vacant land doesn’t have to be a minefield. If professional advisers are engaged early and no stone is left unturned in seeking the latest information, you may find that your property management strategy will benefit greatly from the extra effort.
answered by coteolivia