As with all investments, it depends.
The best place to start is to first figure out your property investment strategy: are you looking an apartment or house for capital growth or cash flow?
But with recent lender restrictions, interest rate hikes and talk of property price corrections and a housing crash, Aussies are said to be losing confidence in the viability of property investment.
For a confident property investor, they know not to panic. They understand the market is cyclic and property values fluctuate over time. They ignore the hype and focus on researching the market, gaining knowledge, and having a plan.
If you can avoid having to deal with your investment property lease renewal during the holidays, you’ll save yourself a lot of unnecessary time, money, and worry.
But if you must find new tenants during the holiday period, how can you best manage it?
