Buying an Investment Property Considerations
Step 1: Get Your Finance Organised
Its important to know how much you have for investing, as will also, how much you can borrow. You also need to consider the closing costs to complete the deal.
Step 2: Search and find appropriately priced properties.
Determine the property that you are interested in, that is, that they meet your needs for an investment property.
Step 3: Considerations for your purchase
When buying an investment property, we need to consider not only at the purchase, return, ongoing costs, but also at the tax side. In Australia the depreciation is a consideration to take into account and I have partnered with BMT to provide you assistance.