When it comes to identifying an investment property that is legitimately investment-grade (not just marketing hype), there are many factors to consider and most will fall into 1 of 2 categories: Where to buy and What to buy.
For where to buy, you will need to assess things like major infrastructure, new developments, market trends and affordability. The key to ensuring you don’t fall for any sales tactics here is found in the validity of the research. Is it comprehensive? Does it include data spanning multiple market cycles? Is there more than one source for the information provided.
For what to buy, our preferred source of information is independent highly regarded local property management teams. At CPGP, it’s standard procedure for our strategists to interview property managers located in areas we are investigating as their extensive local knowledge can be used to advise on preferred property layout, tenant demand and rental income.