When looking to invest in property, there are many issues for you to consider .
Arranging the most suitable loan for your circumstances is important, for example, should you choose a fixed rate, an interest only loan, a variable principal and interest loan or a line of credit?
Obtaining the advice from an accounting/taxation agent is the best place to start. They will advise you on how best to structure your property investment portfolio and provide advice around;
-Should you invest in residential or commercial property?
-Should your investment be positively or negatively geared?
Unlike buying your home you should take the emotion out of buying an investment property. To this extent, using a Buyers Agent may be useful.
Do your research! Again, this is where a Buyers Agent may assist. What are the pros and cons of managing the property yourself compared to engaging the services of a professional property manager?
For professional assistance in developing your property investment portfolio contact your local broker now.