Property investment is a great way to invest my money for future capital growth and the returns is quite huge for me to ignore. Although to invest in property needs a lot of cash, there is a cheaper way to start. One of the way is buy to let mortgages which require a very low capital to start with. So, there will be a few factors which I have to consider before making the decision to invest in property including rental potential, cheap mortgages package and my financial capability.
Location is the main factor to consider when investing in property because it will determine the rental potential. A good location can commend a good rental rate and will greatly help on monthly mortgages repayment. In term of financial capability, I should not be worried so much because I will be free from my car loan by this coming December. This will give me the extra money to cover the monthly repayment should anything go wrong. So, I am ready!