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ISCOVER
Staff Reporter
If you have the equity and stable employment, now is a really great time to invest, Positive Real Estate founder Jason Whitton has claimed.
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Speaking to The Adviser, Mr Whitton said buyers were being particularly cautious at the moment, while sellers were keen to get rid of their stock.
“It is always a good time to buy, but now more so than ever. There is plenty of stock on the market and not a lot of buyers, which means there are plenty of bargains to be had,” he said.
For those investors contemplating jumping on to the property ladder, Mr Whitton said there were a few things to look out for.
“I always tell my investor clients to avoid purpose built student accommodation and any form of hotel or purposed build serviced apartment-type accommodation unless it’s zoned residential and don’t buy something you can’t structurally change.”
