Page 23 - Demo
P. 23
Investment! Short-term or Long-term?
Author: Frank Satar
New Nordic Group International Sales & Marketing Leader
I am sure we have all been in a situation where we want to do something but because there are so many options available it becomes somewhat difficult to choose? This is not a bad problem to have if you are in a fancy restaurant but when it comes to choosing an investment product, it can get tricky!
Here are a few things you will have to think about when preparing to invest in the real estate market. There is no one size fits all so It is important that you end up with a property that pairs with your own individual investment style.
To begin here are some points that need to be investigated:
• Identify why you are investing in real estate.
• Do you need a steady cash flow income?
• Are you a capital gain investor?
• Maybe you just need to purchase a family or holiday home!
• Whatever the reason is it needs to be identified before you
start looking.
• Create a list of your needs, wants and must-haves.
• Think about the future and list all possible future goals and
possibilities for your investment property.
• List all the possible payment options and tools that are available
to you and assess their advantages and disadvantages. These are factors such as one-off cash payments, vendor payment plans, bank loans and LOC (Line of Credit) loans.
• By understanding all the payment options you can make your purchasing power and payment options truly work for you. Simply ask us how.