One Agency West Coast, Cam Greig – Real Estate Revealed: Buying Investment VS Buying A Home

One Agency West Coast, Cam Greig – Real Estate Revealed: Buying Investment VS Buying A Home


Welcome back to Real Estate Revealed! We’re here today at Wembley Golf Course
and what a beautiful course it is! They have recently made a few spectacular
renovations and invested over $3,500,000 to the course including the addition of the mini
golf course and restaurant. There’s something for all ages so be sure
to keep it in mind for your next outing. Well today’s reveal is Buying An Investment
VS Buying a Home. The reality is, buying an investment property
is a vastly different affair to buying a home. When you buy a home, you look for a property
with the accommodation you need, in an area that you want to live in, within your budget. When buying a home, the only opinion that
matters about its features, location or accommodation, is your own. For an investment property, the equation is
exactly the opposite. Property investment is about finding a property
in high demand and short supply that will go up in value substantially over time. The only views that matter when considering
an investment property’s potential, features, location or accommodation – is that of the
market place, both now and in the future.  It’s this balance of market opinion and underlying
demand which ultimately determines it’s investment performance, both in terms of income and capital
growth. The smart investor never allows personal likes
and dislikes to cloud their rational investment judgement. So before you start looking at properties,
ask yourself four questions. The first one – when am I buying property?  The second – is it for financial or personal
reasons? The third – What do I want this property to
do for me? Four – How will buying this property affect
my finances, now and in the future? If your answers are along the lines of ‘making
financial gain’, then buy the property which meets these core investment objectives. My name’s Cam Greig from One Agency West
Coast and that’s today’s Real Estate Reveal! If you have any requests of what you’d like
us to reveal next, please let us know, we are always looking for new ideas because ultimately
it’s YOU that really matters. Thanks for watching, see you next time!

Leave a Reply

Your email address will not be published. Required fields are marked *