Melbourne: 5:06 pm | 23rd February 2012

 

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David Melatti

When buying an investment property one must leave emotion and friends and families opinions behind!

Do your research, look at growth corridors with up and coming amenities with good transport and shopping centres that are going to be improved or redeveloped.

 

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"... the amount of time I have saved from running around looking at properties that were sometimes beyond my limit was a credit to John Melatti of Astute buyer's Advocates."

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Smart home buying now

Has the property market bottomed out? Some pundits are claiming there's more pain to come, with the eurozone markets having a negative effect globally. Sure, we can all sit on our hands and do nothing and ride out the storm, or if you are cashed up ready to give the property market a go, do what all the smart buyers are doing and making money on their purchase. With savings of 5%-10% on great investments across Melbourne in the inner to middle markets, I believe that it has never been a better time to enter the market. Why ? Not only the sooner you buy before there is an upturn in the property market (some have predicted it's bottomed out already- others are stating early next year) , the sooner you can reap the rewards of a negative, positive or cash flow positive investment , and take advantage of the ever tightening rental market where it's forecasted rents will rise another 10% -15 % next year. The other aspect pundits care to omit in their wisdom, is that when you buy in a 'buyers market', the sooner you can buy another investment property. So do what our investor clients are doing, and engage a professional to find the right investment property( only 3% of all properties on the market make a good investment), and negotiate the best deal for you. Call David Melatti from Astute Buyers Advocates for a free no obligation and confidential chat- 1300 736 638, or email him at This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 

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