INVESTING… Potential property investors should be aware of the various mistakes they could make. INVESTING… Potential property investors should be aware of the various mistakes they could make.

Eight mistakes property investors make

THE road to successful property investing is littered with the ghosts of past mistakes with each one taking its toll on your future wealth, according to view.com.au.

The online property platform has compiled a list of the top eight mistakes real estate investors make and most importantly how you can avoid them.

A narrow focus: Particularly in the current climate, narrowing your focus to properties in your own city could be seriously limiting your potential as an investor. Regional markets can offer excellent opportunities for prospective landlords. Don’t be afraid to look further afield and examine the possibilities available outside your hometown — you may be pleasantly surprised.

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