Residential property investing can be lucrative. But you have to know what you are doing. If you don’t have a clue and mess up you stand to make serious losses.
The first lesson for any successful investor is to focus on the cash that a property investment will generate. This is often known as the yield. Rental yields are useful as barometers of the health of a property since they can be compared across different opportunities, sectors or regions. It also allows you to make comparisons with other sorts of investments such as stocks or bonds. It also gives a good measure of affordability as you can compare you yield against you expected expenses and mortgage rates. Continue Article...