Friends with housing benefits
13/02/2018
Finding the right agent for your investment property
If you’re a seasoned investor, you might be looking for a real estate agent who’ll take the sale or rental completely out of your hands. Whereas if you’re a first time investor looking to rent or sell, you might want more control over the process, or simply a helping hand to help you make informed choices.
Need to know: Residential property acquisition
It’s a scenario that anyone with a property near a rail line or motorway should take into consideration as a risk they could face if the government decided to invest, for example, in the redevelopment of a hospital, or a tunnel to connect motorways or business hubs. It’s important to investigate all the options that relate to potential use of your property in case of any possible acquisition in the future. For instance, one option to consider would be for neighbours to combine their interests in the total land area. It may be possible to enter into a joint venture for a development application that can be worked through with properties behind or to the side of your own. Sometimes evidence of intending to and of having obtained town planning advice can be crucial to a better outcome.
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