Tuesday, October 8, 2013

Things To Consider Before Buying An Investment Property



By Annie Field – a businesswoman and follower of Ark Total Wealth.

A lot of people think that buying a property is a good form of investment as compared to renting. However, this is not always true. If the mortgage and the maintenance cost will be greater than the payment for the rent, then renting a home would still be the better option.

This goes the same with buying a home versus buying an investment property. It would be wiser to rent a property and buy another investment property when the bottom-line expenses would be greater than what you will be paying for in rent. Once you are determined of your decision to buy a property, then you will have to determine which property to purchase.

No comments:

Post a Comment