Tips for first time property investors

3 hot tips first-time investors can't afford to ignore:

1. Do your homework. As lucrative as property investment can be, it can devastate and consume if you sink funds in the wrong property.

2. Choose a prime location. Location to schools, tourist attractions, restaurants, shopping, and green spaces should be thought through. Enlist an agent's help to identify suitable postcodes and neighbourhoods.

3. Get a good property manager. Don't cut corners here. Nobody should promise stress-free but the right support can lower stress and make property investment largely hands off.

Let’s chat — I’d love to share what I’ve learned working with first-time investors over the years.

We are your Redlands real estate specialists, centrally located in Capalaba to service all surrounding areas. We can answer any question you may have about buying, selling or renovating real estate in the Redlands or Bayside.