Where Should My Investment Property be Located?
Avoid Bad Neighbourhoods
Neighbourhoods with unsavoury reputations are good areas to avoid. Generally, while you may find a low-priced property, and return comparably high rental yields, the capital growth potential is low, and maintaining reliable, long-term tenants may become an issue. Looking in areas with stronger demographics will make it easier to find quality tenants who can afford to rent and will remain in the property for the long-term.