Again, sounds like a simple question but without the right structure and on-going support there can be headaches.
Typically most people simply look at some houses with a Real Estate Agent, find one they like and sign a contract. Often this is where the problems begin. It is important to understand that when you buy an investment property you are effectively going into business and sensible people do not go into business without doing an enormous amount of research.
Even then because there are so many different areas to consider such as location, taxation, accounting, finance, legal and property management there is every likelihood you will make a mistake. To minimise the possibility of mistakes it is recommended that you use a “system” that has been proven effective time and time again.
To avoid pitfalls it is also very helpful if all of these professionals understand your needs and can communicate with each other freely. The chances of you putting all this together yourself AND being successful are nowhere near the benefits of using a system. We have been assisting clients in this regard for years and we look forward to working with you to create a successful and stress free investment portfolio and assure you of our continued support and advice during our relationship.