Tips to make money from property: Location (you already know this right?)

If you look for property such as houses to invest in, look for those in good neighbourhoods. If you buy property in the best neigbourhoods, where homes are at the top end of the market, it will be too expensive for you to able to rent it and cover your costs. Unless you want to quickly flip it in a hot market then you should buy in the best neigbourhood - provided you got it at a bargain! What constitutes a good neigbourhood? Look for homes that are uniform - if houses in these areas are hodgepodge - various schemes say mixed with low cost and medium costs or icky bungalows with bad individual designs- Avoid! If the areas is scattered with cars parked everywhere - and bad roads or narrow roads - Avoid these too. Find homes where there are nice and well maintained landscapes. Look for areas where there are good schools. If the area has poor schools then it's a poor neigbourhood.