James
It doesnt matter where you go theres always profit and loss tales, and the timing of your profit may be someone elses loss and so on. The growth you have been quoted is probably unreasonable and with a mortgage of 50%LTV on 140K purchase you are probably unlikely to break even on long term rentals. I hear developers/marketing company retoric coming from you. Use registered agents not sales companies. Do not go on an inspection trap,(sorry trip). In anycase the west of the Island probably has better potential than the East and to ake money on an offplan, you must get in early if possible. If you want any other information, just pm me.
Cheers
Grumpy
|