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 more black and white picture of which property is going to work more in your favour. Of course, there will always be a risk, but this will be another factor that you should factor into your thought process. Always consider the return on investment (ROI) and compare this to the return that you might also get in other investment industries.
That’s the thought process you have to go through to make an accurate decision and it’s a thought process that you have to look at to be able to compare accurately one property with another and which one you should buy.
We always recommend that you seek professional advice as this blog is for general information only