Simon Romijn | Stepping Stone ™ replied to the topic Getting Started Property Portfolio in the forum Help Needed! 11 years, 10 months ago
Dear Glengary,
Starting your property investment portfolio by buying a first home is sensible. Have you however asked yourself why you want to build a property portfolio beyond building your wealth? Ultimately your property portfolio is a means to create wealth. This wealth, in turn is the source of the income needed to support your lifestyle…[Read more]
Simon Romijn | Stepping Stone ™ replied to the topic investing in bronxy areas in the forum Help Needed! 11 years, 10 months ago
Dear Keith,
There are select and highly attractive opportunities in investing in lower-socioeconomic areas in inner cities undergoing gentrification. Picking these areas requires a great deal of skill and experience. More generally you need a higher rental yield to justify investing in lower-socio economic area. Firstly, tenant risks need to be…[Read more]
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