Learn from your property investment mistakes and move on

[Nicholas Wallwork]

The property market press tends to focus upon success stories, buoyant markets and portraying a feelgood factor which can infect everybody. Those who have ever invested in property will be well aware things are never as simple as they look and many challenges lay ahead. The simple fact is that you will learn much more

Click to Read The Full Story and Add you Own Comments to Continue reading...

 

[nmb]

Those who say they have never made a mistake in the property investment market are either being economical with the truth or they have never taken a risk. We all learn by our mistakes from the day we are born until the day we die. There is no such thing as a risk-free investment and not all of your investments will go to plan. The key is to run your winners and cut your losers.

 

[lookinginvest]

Perhaps we could start a list of common real estate investment mistakes? I also believe that you will learn more from your mistakes than you do from successes. Mistakes cost money!

 

[nmb]

I will start the list:-

Overstretching your finances for a deal which seems "too good to be true"

Never lose sight of your financial strength!

 

[lookinginvest]

How about following others into areas of the property market you do not fully understand. A recipe for disaster!