October 2, 2010

Key Principle of Property Investment

Key Principle of Property Investment



photo by *Micky at http://www.flickr.com/photos/emzee/ 

Can you make money by investing in property? What are the considerations of property investment in Singapore? How do you manage your property investment to maximise gains and minimise losses?

We take a look at the key principle of property investment to answer these property investment questions in this article.



The key to investing in homes
by Colin Tan
Aug 27, 2010
TODAYonline


Most of us have heard it all before from the experts. Investing in homes is one of the safest and surest forms of investment. If you cannot re-sell the property for a good profit within a couple of years, you can always hold it for the long term because it will always appreciate.

But if everyone follows this advice, will it still work? Surely it is a recipe for disaster. If everyone is going to earn it the easy way, who will do all the hard work?

Given today's price levels, the vast majority of Singaporeans who own their homes are sitting on large paper profits. Many are paper millionaires; for them to become real millionaires, they would have no roofs over their heads.


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