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When you buy a property for investment, how do you choose a good location?

+2 votes
asked 7 years ago by jon (180 points)

1 Answer

0 votes
hey Jon,
I would:
-    Buy properties that have not yet risen in value but are very similar to properties nearby that have grown up
-    Look at properties with a high land component, good rental returns and in areas with finite supply.
-    Buy in about-the-boom area
-    Do research on the price trend overall in the market, where is it at now, is it at the bottom, or on the rise or at the peak.

Good luck
Dave
answered 7 years ago by anonymous

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