Factors To Consider when Buying An Investment Property
01. Affordability and Investment Risks
When buying anything as an investment you must be certain that you can afford to buy and hold the investment over the long term as there are costs and investment risks involved in disposal and acquisition.
02. Ensuring you have adequate cash flow
This applies whether you are purchasing property, shares or a business. Unless you have the cash flow to support the investment you may actually cost yourself money.
03. Obtain advice from an Expert
It is essential that you get advice from an expert who is independent, someone who has your best interest in mind when giving you advice. We can put you in touch with independent experts in finance and accounting if you do not already have your own.
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