Investing without borders: the secret to interstate property investment
If you're going to pour hard-earned money into an interstate property investment, don't just rely on the word of a newly minted buyers agent, or a set of numbers from a website.
Buying property interstate without applying the right degree of due diligence borders on crazy. (Image source: Shutterstock.com)
It’s become the latest fad. If you want to invest in property, why not get into the fastest climbing markets even if you live on the other side of the country?
Welcome to the year of borderless property investing.
Of course, we’ve seen examples of this before.
In the early 2000s, thousands of southerners accepted free flights to southeast Queensland’s sub-tropical wonderland and were then invited to invest in newly built houses while the palm …
