Lethal Mistakes to Avoid on Your 1st Property - Buying with your heart, not your head

If you’re a first-time investor, champing at the bit to purchase the first property in what will (hopefully!) become your wealth-building real estate portfolio, it can be a daunting task knowing where to start.


There is loads of advice out there on how to go about it, but possibly even more important than the "how-to” is the "what not to do”.

These are the big mistakes to avoid at all costs when you take your first foray into property investment. They include but are not limited to…

Buying with your heart, not your head

Buying an investment is not the same as buying you forever home.

You don’t need to love the property, you just need to make sure the numbers and figures stack up, so leave your own likes and dislikes at the door and focus on capital growth drivers and make sure you buy an investment grade property in a location primed for strong long term capital growth.

RealRenta has all the tools that a property manager has, but at over ¼ the cost of a property manager.

Join now and the cost is less than a cup of coffee a week to manage your rental property

RealRenta also has a free vision, so why not check it out

Jason Gwerder
Thursday, 2 September 2021

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