Investing in residential property is a process, not an event. This process demands a holistic approach where the right execution of planning, structure and finance strategies, property research and management, portfolio review and sales advice, are all fundamental to an investor's main objective - wealth creation.
Skipping the crucial research and holistic planning before committing to a purchase can result in long lasting negative effects. This is especially so for the first couple of properties in your portfolio.
Getting your initial strategy right (especially in regard to property choice) in the beginning can make all of the difference in the long run.
For practical tips on how to develop your initial strategy, read the latest issue of Your Investment Property magazine, out on sale now.
