Investing in property is simply another form of investment. Buyers can invest directly by purchasing property individually, or indirectly by investing in a managed fund or timeshare. Although real estate agents may understand the property market, prospective buyers should still seek independent advice, because property investment may not be right for everyone. Some things to think about:
- Determine your overall financial plans
- Understand the risks involved
- Get advice
- Investing directly or indirectly
- Do your homework
- Consult with your accountant
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