If you are purchasing home for the purposes of investment then you need to be aware of the common mistake of this kind of investment.
First, you need to talk to people who are into real estate business for a long time in order for you to have an insight on what to expect. They will be the people who can tell you the advantage and the disadvantage that comes from this kind of business. Take note and learn from them so you can be confident that something good will come out from your investment
Another thing that you need to bear in mind is to always keep a reserve cash. You cannot just venture in this kind of business without reserving some extra cash because their might just be additional expenses that you need to settle. There might be some repairs and improvements that need to be done to your properties. As soon as you have sufficient cash reserve then you can take a leap of fate and venture into this kind of business.
If you can another business so you can at least have a fall back in case things do not go as plan. If you are married then it is also best that one of you is employed so you can always have some stable source of income. You just need to discuss these matters first so you can agree on something and your venture in this kind of business will be lighter and bearable as well.
