The motivation behind an investment property is to buy an income-producing asset to provide you with an ongoing income stream [rental income], tax deductions and ultimately a significant increase in your ‘net worth’ [capital growth]. That’s why there’s no room to get emotional. Forget about how ‘lovely’ the property looks, your main concern is the bottom line: how much it will cost you and how much it can make.
Savvy investors don’t buy a property around the corner and hope it brings good returns. They do their research and buy where the potential is greatest….
Under APIP’s 20 Point Property Criteria every building development must undergo the closest scrutiny. In order to pass the test, each project must qualify 100% in each of the following: