We’ve all heard the turn of phrase “Landlords get rich in their sleep”.
But how many of us have shied away from property investment because we believed that it was only accessible to a select few? Perhaps someone who is older and who has a larger income or a family.
Well, consider this blog post the official notice that the position for Landlord is available to anyone who meets the following criteria.
Investor (you!) is financially capable of managing a second or first mortgage.
Investor has the 10% deposit available to them, as well as closing costs; through either cash or equity, or a combination of both.
Investor has the means to cover the possible additional capital of any rise in interest rates, emergency maintenance or the loss of tenant income.
Investor has chosen a property that is dually within their budget and with profit potential.
Investor’s chosen property must have high and safe returns, supported by great rental potential— the inv...
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