An investor needs to know the eight weaknesses of property investment, in order to anticipate losses and add value to the property.
Quoted from the book “The Rich Way Through Property”, here are eight weaknesses in property investment:
- Maintenance Expenses (Burden Management)
Property owners or investors cannot let their investments run with continuous results, without ensuring the property is in good condition. He also has to spend additional costs to maintain the condition of the building so that income from rent can increase.
- High Capital Investment
Property investment can also be said to be capital intensive. Why is that? Because the greater the capital invested in property, the greater the results obtained by the property investment.
- Affordability Investment (Affordability Investment)
In the property business, prices reflect the conditions of supply and demand. Property prices are set based on the characteristics of the local market and trends that affect property demand … Read more