3 things to think about before buying a holiday home
A holiday home is great for knowing you can get away whenever the urge takes you. However, what should you consider before making an investment?
Are you new to investing or have you thought of expanding your existing investment portfolio? Just as if planning for an engagement/wedding or life, planning ahead can be the difference between achieving your goals or simply aspiring to them. Speak to a financial advisor or accountant about your objectives and timeframe. Consider any risks. The more specific and prepared you are the better chance you have of success. Remember to be flexible to cater for changes and challenges that the real estate and financial market may present. Share your objectives with your current Real Estate Agent or Property Manager, they may have the perfect opportunity for you without the leg work!
A holiday home is great for knowing you can get away whenever the urge takes you. However, what should you consider before making an investment?
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