Top 10 Things To Look At When Searching For Property - searchpartyproperty


Top 10 Things To Look At When Searching For Property

1. Where is the growth going to be in the next 3-5 years.

2. What is the cashflow of the investment.

3. Research the areas in regards to jobs, infrastructure, economy.

4. Assess the rental vacancies and rent prices.

5. How many properties on the market -i.e. for sale.

6. What is the buyer demand like.

7. Develop a relationship with the agent to assist with negotiations.

8. What repairs are required, and get quotes.

9. Are you dealing with a motivated seller? Assess buying strategy accordingly.

10. What is your ability to add value to the property in future.