Monthly archive - March 2012

‘Location, Location, and Location’

Posted on Mar 28, 2012 in Articles, Investment Strategy by 2 Comments

 Is ‘location’ really the ‘sacred mantra’ in property investment?

location, location and locationYou have often heard this very popular phase from many sources when buying any investment properties, “Location! Location!  Location! You can’t go any wrong if you buy in a good location”. Many of this ‘sources’ have often been amplified to investors that ‘location’ should be the No.1 consideration, then followed by other crucial factors.   In other words, if you are to follow this ‘sacred mantra in property investment’ and buy a property in a good location, it will definitely be a good investment and sure to make money even in the long term, no matter what other risks that may be involved…

Right? …Wrong! And Beware! You will still have the possibility of having a bad investment even if you pick a property in a good location. Yes! You heard me and please allow me to repeat again,” You will still have the possibility of having a bad investment even if you pick a property in a good location”