Page 24 - Demo

By considering the elements you will be on your way to finding the real estate investment that ticks all the right boxes and paves the way for your success.
Now that you have assessed your own needs & style its time to assess the product.
At the point of planning, its time to consider the location. Search for a region or neighbourhood that has the potential for high-end developments in the future. It helps to be more intrigued by what’s going on in the next 10 years as opposed to the previous 10 years.
Search for areas that are set for growth due to their redevelop- ment potential. Consider areas with upcoming government planned projects such as planned transport routes, airports, freeways, shopping centres.
In today’s wide investment market property investors need to identify and focus on their target market. There are so many choices available on the market that simply knowing what you want isn't enough anymore. To be a smart investor and stand out from the crowd you need to break things down in to bite-si- ze chunks.
For example, let's say that you have identified the fact that you are a rental investor. This is great, now think about what kind of tenants do you wish to cater for?
There are two categories of rental investment properties on the market:
• Long-term rental property. • Short-term rental property.