You need to know the difference between these types of spots. Let me explain what a hotspot is:
Description
Typical Region
Investor
1) + YIELD & + GROWTH (HOTSPOT)
Since overall we are in a rising property price market this should be the only ever place you should be investing.This investment puts money in your pocket and it also enables you to grow quickly because you can access the capital growth by remortgaging.As prices rise (due to the professional investors competing for the same properties) the yields fall until they go negative.Then the hotspot goes to a cooling spot.
North
Professional Investor
Owner-occupiers
SUBSCRIBE NOW to find out what is a cooling, cold and warm spot and why it is only beneficial to invest in only hot and warm spots and sell in a cooling spot avoiding cold spots along the way!