Thursday 16 February 2012

What Properties For Investment Suit You Best?

Large Properties? Or Small Properties?

THE DECISION IS IN YOUR HANDS!


But here are the advantages and disadvantages of owning each particular property as mentioned above.
Advantages of owning large properties goes something like this:
  • You are owning a great product which is easy to market
  • Your investment might increase its value faster if properties price rises
  • You are able to build an extension if needed and parking wouldn't really be a problem for you
  • You will be able to have a private garden and pool and so on
I don't think the last point was really necessary but anyway its still up to you

Disadvantages of it?
  • It is expensive to buy *no problem for the rich*
  • Maintenance is more demanding if you think about it
  • Security have to be more tighter therefore leads to more expenses 


Advantages
  • Lower financial risks
  • Probably lesser maintenance
  • No worry about securities   
Disadvantages
  • Because of its size
  • Wrong area, will be hard to sell
  • Difficult to extend
  • Shared garden/pool
So, in my point I will choose to buy the small properties. Why? Because I would have more cash to purchase more properties instead of purchasing 1 large property with a high value. Think about it.

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