Saturday, October 22, 2011

Buying property to let

One of the alternatives for investment of surplus Money is this.
Location is the key factor. Renting is not always easy. Having schools or medical centers is usually a better alternative when making a choice of buying property to rent.
As mentioned in previous articles there are web sites that combine the price of property and the rental value on a yearly basis. Using this type of information, you can decide  you investment amount and return on investment.
My personal choice is medium size cities with a clear basis for rental success. Having concentration of hospitals, medical centers or universities nearby is usually a plus in terms of continued rental possibility.
Using google earth and street view you can have a very good look at details of streets, neighborhood, type of community and other characteristics that may help when making a decision.
In next comments we will review more details that are needed when making a decision in the real estate arena.

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