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Reproduced with permission.
Generally speaking, the best approach to property investment for time poor professionals is to buy and hold quality property. This strategy to investment carries the lowest risk, is less time consuming and more predictable.
For those of you who have a higher appetite for risk, very strong asset position, more time to spare, complimentary skill sets, or who are serious about changing career, you may be interested in a more aggressive strategy to accumulate wealth, through property development.
If this is something you think you are suited to, read the article written by Peter ‘the Property Professor’ Koulizos for tips on conducting one of the most critical tasks in property development – the feasibility study.
All the best with your property planning!