Simon Romijn | Stepping Stone ™ replied to the topic Getting Started Property Portfolio in the forum Help Needed! 10 years, 5 months ago
Dear Glengary,
Starting your property investment portfolio by buying a first home is sensible. Have you however asked yourself why you want to build a property portfolio beyond building your wealth? Ultimately your property portfolio is a means to create wealth. This wealth, in turn is the source of the income needed to support your lifestyle…[Read more]
Simon Romijn | Stepping Stone ™ replied to the topic investing in bronxy areas in the forum Help Needed! 10 years, 5 months ago
Dear Keith,
There are select and highly attractive opportunities in investing in lower-socioeconomic areas in inner cities undergoing gentrification. Picking these areas requires a great deal of skill and experience. More generally you need a higher rental yield to justify investing in lower-socio economic area. Firstly, tenant risks need to be…[Read more]
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