Common myths in property investment
Common myths in property investment, by Bradley Beer, Chief Investment Officer from BMT Tax Depreciation.
Investing in property offers investors a chance to build wealth; nevertheless, it’s crucial to be cautious because misleading and deceptive information is prevalent, potentially leading investors astray.
BMT Tax Depreciation explore some common myths and potentially dangerous advice on property investment including:
· Only wealthy people can invest in property
· Investors should only buy new
· It’s best to limit purchases to familiar locations
· Property investment guarantees quick wealth accumulation
· Don’t worry about claiming depreciation – it only increases your property’s cost base
Six Ways to build your investment property portfolio
Six Ways to build your investment property portfolio
Building a property portfolio is a rewarding yet often complex process which requires planning, research, consulting, and, most of all, strategy.
How do you know where to begin? Here are some key steps to building your investment property portfolio and how to get started.