It’s never too early to invest in your own home. Aside from having a title tied to your name, your living space can also be a great source of additional income should you wish to rent it out or do buy-and-sell. While there may be some people who think that it’s an impossible feat given that the market value of certain locations have already appreciated in the past decade, Phil Property Expert broker and blog editor Nimrod Flores writes that it’s not too late to catch the wave.
“If you were not able to start investing yesterday when it was the best time, today is the next best time to do so,” he explains. “The longer you wait, the more you’re losing in terms of appreciation in the value of your property.”
However, before you check classifieds out, it’s first best to pinpoint your purpose and your goals for buying property. During the recent #WomenCan seminar by Female Network and Profriends, Lancaster New City Brand Manager Celine Tan shared questions you should ask yourself to prepare for this kind of investment:
