When looking to purchase an investment property it is crucial to pay attention to the details of the home you are purchasing. For example, is the foundation in good shape? Is the plumbing and electrical going to pass inspection? Even if you think you know the real estate market inside and out, it is easy to overlook some critical factors. Check out these 3 things that are often overlooked.
You can have the nicest rental in the city with the best amenities, but if it’s sitting in the middle of a dangerous neighborhood, nobody is going to rent it. In cities like Toronto, a high-crime neighborhood can be one short block away from a low-crime, residential neighborhood. This being said, it is important to research the area thoroughly to ensure you are purchasing in a safe zone. Don’t simply ask the property owner, but do your own research online.
About the author.
Albert is an ex-royal air force photographer. He is passionate about writing and creative arts, his work can be seen on Amazon and Opensea. Albert enjoys gaming with his son and records them to replay on YouTube.