Details
A taste 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
Additional Information
| Author | Helen Collier-Kogtevs |
|---|---|
| Published In | Australia |
| Year Published | 2007 |
