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:
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You can make home improvement without approval from an owners’ corporation
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There is greater potential for capital gains and growth
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Higher rental returns because some tenants prefer houses with gardens, large living rooms and multiple car spaces
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Renovations offer more scope for improving the value of your investment
It also has its pitfalls:
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Houses cost more than apartments
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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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