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Home > 47 Biggest Mistakes Made By Property Investors And How To Avoid Them
47 Biggest mistakes made by Property Investors and How to Avoid Them
Helen COLLIER-KOGTEVS
47 Biggest Mistakes Made by Property Investors
Paperback
47 Biggest Mistakes Made by Property Investors and How to
Avoid Them
Description: A site favourite.
If you are starting out this book will fast track your education
Grab yourself a copy of this 210 page new release book jam packed with essential property investing information.
This hard hitting book will allow you to:
· Save yourself from making some VERY EXPENSIVE mistakes
· Make you tens of thousands of dollars you wouldn’t make otherwise
· Fast track your way to real and lasting property wealth while avoiding deadly cash eating pitfalls!
· Discover why proper planning and preparation can save you thousands and a whole truckload of grief
· Discover why cash flow is literally the key to building unstoppable momentum and creating a lasting property portfolio that makes you rich faster!
· Learn why having all your accounts and loans with the one bank means you are not safe – discover the shocking truth about this massive risk.
· Understand why the time you invest in research is the most profitable time you will ever spend and why being lazy about your research costs you big time.
A view of what's inside…
- How to avoid the pitfalls of investing
- How to invest with confidence
- How to build your wealth without having to live on baked beans
- Why getting the right advice could save you big bucks
- Hands off! Protecting your assets
- Why being lazy about research costs you
- The best way to avoid the banks having a lend of you
- Why serviceability makes a difference
- How to avoid buying a dud
- How to make the fine print work for you
- Why cash flow is king
Plus…
- The step by step process to property investing
- How to fast track your research
- The essential budget planner
- Get it right - set your buying rules
- 28 useful websites
- Further reading for all the investors
Contents include:
Part 1 - Planning
- Mistake 1 - Failing to budget
- Mistake 2 - Not leaving enough to live on
- Mistake 3 - There’s a reason why they’re called experts
- Mistake 4 - Waiting for the market to change
- Mistake 5 - Not having an exit strategy
- Mistake 6 - Not doing your homework
- Mistake 7 - Not looking at demographics
- Mistake 8 - A balancing act
- Mistake 9 - What’s yours is yours - keep it that way
Part 2 - Financials
- Mistake 10 - Information overload
- Mistake 11 - Not crunching the numbers properly
- Mistake 12 - Half-baked calculations
- Mistake 13 - Banks that have a lend of you
- Mistake 14 - When it comes to banks, share the love
- Mistake 15 - Not appreciating depreciation
- Mistake 16 - Hitting the 'financial brick wall'
- Mistake 17 - Handing in your resignation too soon
Part 3 - Purchasing
- Mistake 18 - No money down - too good to be true?
- Mistake 19 - Hanging onto a sinking ship
- Mistake 20 - I have to have it
- Mistake 21 - Investing I a lemon
- Mistake 22 - Not buying time when buying a property
- Mistake 23 - The fine print
- Mistake 24 - Buying low demand properties
- Mistake 25 - The low points of high-rise
- Mistake 26 - Size does matter
- Mistake 27 - Investing in high risk areas
- Mistake 28 - Buying sight unseen
- Mistake 29 - Believing everything you hear
- Mistake 30 - Not knowing when to walk away
- Mistake 31 - Hey big spender
Part 4 - Property Management
- Mistake 32 - DIY property management
- Mistake 33 - Keeping it in the family
- Mistake 34 - Selecting your property manager
- Mistake 35 - No landlords insurance
- Mistake 36 - Treating the tenant badly
- Mistake 37 - Not increasing the rent
Part 5 - What are you thinking?
- Mistake 38 - In one ear and out the other
- Mistake 39 - Being a know-it-all
- Mistake 40 - Don’t be a wannabe forever
- Mistake 41 - It’s all in the mind
- Mistake 42 - Stop talking, start doing
- Mistake 43 - Chickening out
- Mistake 44 - Falling in love with the property
- Mistake 45 - In property investing, no means try again
- Mistake 46 - It won’t happen overnight, but it will happen
- Mistake 47 - Failing to invest in your best asset - YOU!
Part 6 - Useful Resources
- 17 critical steps to property investing
- Budget Planner
- 10 Keys to research
- Recommended reading
- Suggested websites
- Glossary of terms
- Testimonials
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