How do I ensure the best capital growth out of my investment property?
If you are looking to accelerate the capital growth of your investment property you have to invest counter cyclically. What this means is buying against what the crowd is doing or buying at the bottom of the market rather than the top. Generally speaking, the spots the media are hyping up, is the location you should have been buying 6+ years prior. Investing counter cyclically requires not only a fair amount of knowledge, but also courage. Especially because this often means the best location to be buying is NOT the suburb you live in, or even your home state. Warren Buffet was once quoted as saying “show greed when others show fear, and fear when others show greed” and we couldn’t agree more.
This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.