The four common property investment mistakes to avoid
Property investors almost always make at least one of these costly mistakes in the process of building a property portfolio. Here they are spelled out to help you avoid those same pitfalls.
There are some traps to avoid when devising a property investment strategy. (Image source: Andrii Yalanskyi/Shutterstock.com)
When it comes to successful property investing, it’s worth remembering that what you don’t do matters just as much as what you actually do.
In my book, the biggest mistake to avoid is simple: don’t take unnecessary risk when it comes to cash flow.
The truth is, you can have the best capital growth strategy in the world, but if you can’t afford to hold the property, it is a moot point.
That’s why I follow four key rules that help me sleep at ni…
