Fundamentals of buying property Investments
From WikiProperty
- Buy quality property when property values are low and the economy is growing.
- Understand the market you are operating in. No two property markets are the same.
- Build on a solid base with a diverse range of good tenants in a balanced portfolio.
- Have strict criteria for the ongoing management of your property.
- Be prudently geared and maintain strict borrowing limits so you can deal with the phases of the property cycle.
I do not remember where I can across these points but they make sense to me. The problem is what is meant by being 'prudently geared' or 'good tenants'?
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