Investment Property

If you want to have an investment in the property, there are several things that need attention so that you do not experience a loss. There are 5 things secret in choosing an investment property.

1. Location. Location is important, but not everything. After all, there are properties that are located in strategic areas but "dead". What other factors should be supported with appropriate characteristics. For example, if a business area, it must be a lot of banks and trading center. If the tourist areas, there should be a bustling destination. That needs to be considered is the area / location to grow the business, and the population (demographic inflow and outflow). Do not select the location of the area is already "ripe" because he would be covered. Should select the area being developed. But note the designated location / land.

2. Timing (time). Within the property there are timing when prices go up and down. Buying property should be at the pre-launch or launch because prices are still relatively cheap. Thus, if you are going to sell it back, you quickly get the benefits. Even at the time of handover and topping off no matter the price has gone up. However, the property always give a chance, one-timing is still a chance for profit.

3. Choose a developer who can be trusted. It is important for the quality of the property. Choose a quality developer. Characteristics: experience in the property, have good character, the background of economic power / have financial strength.

4. Smart Financing. Make a smart financing. If possible buy in cash. But if you must installments, installment set term or long term. Tip: if the interest rate above 8% should be paid cash only, because if installments interest cost would be enormous. If forced to choose the mortgage term installments. Meanwhile, if you do mortgage interest rate of 5% medium term 5-10 years. If interest rates below 5% are doing long-term mortgage. If your property is rented out, then you will not have a mortgage because it would be paid by the tenant.

5. Carefully select the operator, select the operator that has a good reputation and can be trusted. It is important to note if you are buying property for investment. With the operator to be believed, then the tenant can also be trusted, so the risk of loss can be minimized.

With the trend of declining interest rates, it was estimated in 2012 to 20 years to come, the property sector will still grow. For that investing in property is still promising.