You already have a home for you and your family; however, you are now ready to invest on the second apartment in Yelahanka. Of course, it is a good time to celebrate and be proud of your achievement. You can afford two flats in Yelahanka. Not everyone is as lucky as you.
Even though you have already had a first hand experience in buying your first home, there are still a few things which you should consider before buying the second apartment. Things are almost the same as buying the first home, but let us remind them to you again. Just in case, if you thought these things are no longer important.
Just like the first one, your first concern should yet again be nothing else but the budget of your second home. Now, there must be a reason why you are buying the second apartment. Are you selling the first one, will you put it on rent, will you use it for other purpose, for example listing it on Air BnB site as homestay and make money out of it by renting your space to travellers? Well, reason could be many. If you are moving to a new home after selling your first home, then you might want to increase your budget this time and buy a better home than the earlier one.
If you are moving out of your old home because of its location, then it is time to think about the location seriously. What are the things you didn’t like about the previous location, make a list of it, so that you don’t end up buying a home with similar location!
Apart from this, you should also make sure that you visit as many homes as possible.