For those with sufficient savings to afford a house, backed by a stable income, there is no better time than now to consider property investment.
But before you take the plunge, here are some things you must research before deciding on what property to invest in.First things first, be sure you have enough savings for the down payment. Those who already own property must bear in mind they are no longer eligible for most financing assistance schemes.
One way of investing in the short term is to purchase properties that are known to sell well, either in terms of location or property type. When the value has increased sufficiently, sell it off and there is your profit. Residential investments include terraced houses, condominiums, and so on. The original price of the property does not necessarily translate into the amount of profit.