Hi All,
I have noticed that in the last few weeks allot of new members have joined the somersoft family - so welcome aboard!!
The first question new member's usually ask is this: Where should I buy if i had 300K "eg" as a budget in XYZ state.
Here are some tips: If any one can contribute that would be great too
1) Before deciding a budget and location, determine what is your goal with this property eg: Are you looking at getting a development site, a property to renovate and sell, A property to simply hold over a certain period or a property that provides a high rental yield to develop cash flow.
2) What are your risk levels? Are you the conservative type or are you comfortable with risk?
3) What is your investment experience and how much effort are you going to put in?
These are my three tips looking forward to others to respond
I have noticed that in the last few weeks allot of new members have joined the somersoft family - so welcome aboard!!
The first question new member's usually ask is this: Where should I buy if i had 300K "eg" as a budget in XYZ state.
Here are some tips: If any one can contribute that would be great too
1) Before deciding a budget and location, determine what is your goal with this property eg: Are you looking at getting a development site, a property to renovate and sell, A property to simply hold over a certain period or a property that provides a high rental yield to develop cash flow.
2) What are your risk levels? Are you the conservative type or are you comfortable with risk?
3) What is your investment experience and how much effort are you going to put in?
These are my three tips looking forward to others to respond