Your best investment opportunity might not be just out your front door, yet travelling across New Zealand to inspect a property may not be an option either. So, is buying sight unseen a wise decision?
Many investors look for property to offset their income tax, to have a long term asset, they like dabbling in real estate or they want to secure their child’s financial future.
A quality investment property in an urban location near transport, cafes, business and commercial premises is highly likely to attract an executive tenant.
If you have just filed your tax documents for your investment property, make use of the recent experience and discussions with your accountant to plan for the next financial period.