Investment Property Risks, There’s No Telling Some People
Investment property risks can be more than adequately managed. So why do so many people forget to manage investment property risks? A little bit of insurance, a long term lease to a good tenant and Bob’s your uncle.
Trouble is with investment property risks property investors get tunnel vision.
Opinion: Our perverse fascination with property – Mortgage Business
The bottom line is this: going into debt carries risks. Period.
Whether you’re racking up debt on a credit card or borrowing to buy a two-bedroom unit in Sydney, there are risks involved. What if you lose your job? What if the price of your property falls? What if you get sick and can’t service the mortgage? What if?
It’s too late to start asking these questions once you’ve taken out a loan. But there are things you can do to alleviate your fears, like taking out mortgage protection insurance and getting advice from someone who isn’t holding the title deeds. Via mortgagebusiness.com.au
The Top 3 Ways To Manage Investment Property Risk