5 Biggest Mistakes Property Investors Make that Cost Them Tens of Thousands in Lost Profit
5 BIGGEST MISTAKES PROPERTY INVESTORS MAKE THAT COST THEM TENS OF THOUSANDS IN LOST PROFIT People buy an investment property for 1 reason. To build wealth. As a property investment specialist I’m constantly shocked at how property investors are losing 10’s of thousands of dollars investing in property that could easily be avoided. The thing is they just don’t realise it. So here is my 5 biggest mistakes property investors make that cost them tens of thousands in lost profit STOCK MARKET VS PROPERTY INVESTING Have you ever heard an investor who owns PHP shares say to you “PHP wanted to give me a $7,250 dividend this year, but I told them to keep it. It’s OK they probably need it more than me”. Property investors do this all the time. “Oh they are good tenants. I don’t want to lose them so I will keep the rent low for years and while it means I will retire much poorer than what I’d like. It’s OK. Compound rent is like compound interest. Have you hea...