Comparing one property with another – the thinking process When comparing one property with the next, you need to weigh up all the pro’s and con’s. Property investment is ultimately a numbers game. If you crunch the numbers carefully you should be able to get a...
Ownership of the Property You can trace back the ownership of a particular property to see how it has increased over past years. When was it first sold and for how much? How many times has it been sold subsequently and trace the history of that...
Contingency Factor for Growth On top of your opportunity cost ROI what you would then add is a contingency factor for growth. How much is this property in your estimation going to give you for growth over the long term, or the short term? You might...
Increasing Your Return Have a look at what else you can do with your existing properties. How else can you bring in more income? Can you do something with the beaten up old shed at the back? Can you turn it into a laundry? Can you...
Other Strategies to Get a Cash Positive You should be open to the possibility of alternative ways of investing here. Subdividing Subdividing is a growth strategy. However it can be used to make a multiple income streamed property. Dual Income Dual income properties are ones such as upstairs, downstairs, granny...