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6 Factors to Consider When Buying an Investment Property

Buying an investment property can be a smart financial decision. If you do your research and put in the effort, it can be a great way to generate a passive income. 
 
Although the idea sounds promising, it’s important to note that a big return on your investment is not guaranteed. It is critical that you think strategically when purchasing an investment property, as there are many factors that may help guide your success.  
 
Whether this is your first investment property, or you’re a self-proclaimed expert, the process may seem gruelling and overwhelming. There is alot to consider and there may be a lot on the line for you, as well. Before you begin the process it is important that you understand what makes a good purchase. 
 
We’ve put together this list of the most important factors to consider as you make your way down the road to building your investment dreams, and savings account.