Houses versus apartments – which is the best invest
When it comes to property investment, lots of investors opt for apartments, because they’re often cheaper and cost less to maintain.
Saying that, investing in a house has its perks:
You can make home improvement without approval from an owners’ corporation
There is greater potential for capital gains and growth
Higher rental returns because some tenants prefer houses with gardens, large living rooms and multiple car spaces
Renovations offer more scope for improving the value of your investment
It also has its pitfalls:
Houses cost more than apartments
Because they are more expensive, your rental income might not cover mortgage repayments and expenses.
For a quick chat about whether investing in a home or apartment is right for you, call me.
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