Janet Ibru: Property Investment Tips for Beginners

2 Jul
An experienced property investment consultant, Janet Ibru currently serves as executive manager of CASI Global Investments Corporation. When executed properly, property investment represents a safe undertaking with the potential for significant returns. Here is a quick list of tips to help beginning property investors get started.Prepare for the long term: Property investments rarely produce a significant return in the short term. Property values depend greatly on market conditions and prevailing economic trends; consequently, investing in property requires patience and a focus on the long term.

Educate yourself: Property investment is a sophisticated, nuanced field. It is important to seek out a combination of formal education and advice from industry veterans before setting out on your own.

Avoid fixer-uppers at first: For many beginners, fixer-uppers can represent a serious drain on funds and potentially result in considerable losses. Although the idea of renovating a property may seem like an attractive option, you should start out with properties in relatively good shape.

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