DURBAN - When starting out as a property investor a lack of knowledge can lead to costly mistakes.
There is so much conflicting information out there that it is easy for a new investor to become confused and end up making bad decisions.
Here are 5 simple tips for finding the perfect property and you’ll be on your way to success as a property investor.
Choose the Right Property Type
If you want to enter the buy-to-let market, flats generally make the best investments. Your investment budget would obviously be the primary factor, but if you can afford it, choose a two bedroom flat over a one bedroom. If you can increase your budget a bit further, a second bathroom is great to have too. The idea is to select a property that would appeal to a number of different tenants.