These rules are simple; you don’t need seminars to get information, don’t assume anything, don’t go it alone, don’t become attached to property, don’t cut yourself short, don’t limit yourself, don’t ignore the numbers and don’t forget to be practical. Don’t rely on rents to pay for these costs; you should be sure that you can cover all of these expenses without receiving any rent from the property. If you don’t know for sure, you don’t know, so stop trying to fill in the unknowns without solid information. Remember that property investing is not an overnight get rich scheme; it is a lucrative business that takes hard work, dedication, and lots of research. read more

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