Canna Campbell
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But it is a bit of a red herring in this.
The opportunity for long-term capital growth and how it's going to work towards your goals.
That's really what's most important here.
Typically, it's the rent.
So, if you have an investment property that's a residential investment property, they're paying rent.
If you, say, have land for adjustment, which means you put cattle on it and a farmer might pay to rent that land, that's obviously an income stream.
It might be a commercial property.
It might be an industrial property.
It all comes to you in rent.
The more rent you receive, the more passive income you're receiving.
So this is, I think, something that people really do underestimate or overlook, perhaps.
If you're going to be buying an investment property, you want consistency.
You want a long-term tenant.
Being in between tenants, particularly if it's a bad time of the year, say Christmas time, Easter, school holidays, or if it's a
out of season, like it's a seasonal spot and it's wintertime and you don't have people there, that can really be really, really detrimental.
The other thing is obviously making sure that you're getting that rental increase happening.
Now, I know this is a bit of a sore spot because obviously people are renting annoyed with rents going up.
It's frustrating.
But if the value of the property is going up, will the rent go up with it consistently over time?
The reason why I say that there are people out there who have a property or properties and the rent hasn't actually increased with the value of the property.