High Demand and Regional Areas
The ‘rule of two’ as previously mentioned in an earlier blog is only a rule of thumb and it does not apply to commercial property. If you’re taking tax into account it’s more like 1.6 to 1.7 rather than 2. When you’re having a look for high-demand areas, where are you going to be able to find a piece of real estate or business that’s going to give you high demand where people really want to rent there as opposed to live there, or perhaps both? And is that sustainable? These are available in regional areas.
We always recommend that you seek professional advice as this blog is for general information only