Helen Collier-Kogtevs's 47 biggest mistakes made by property investors and how to PDF

By Helen Collier-Kogtevs

ISBN-10: 0980389607

ISBN-13: 9780980389609

This difficult hitting 210 web page booklet is jam filled with crucial estate making an investment details that might takes years and tens of millions of bucks to find by yourself ... study the: Shortcut confessions of a professional investor - notice little identified estate making an investment secrets and techniques that would prevent tens of millions of greenbacks and make you tens of millions of greenbacks ; lower years off your studying curve and become Read more...

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By Helen Collier-Kogtevs

ISBN-10: 0980389607

ISBN-13: 9780980389609

This difficult hitting 210 web page booklet is jam filled with crucial estate making an investment details that might takes years and tens of millions of bucks to find by yourself ... study the: Shortcut confessions of a professional investor - notice little identified estate making an investment secrets and techniques that would prevent tens of millions of greenbacks and make you tens of millions of greenbacks ; lower years off your studying curve and become Read more...

Show description

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Extra resources for 47 biggest mistakes made by property investors and how to avoid them

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The risk here was that should something go wrong with the second investment property and the investor is sued by the tenant or visitors of the tenant, it could cost the investor both of the investment properties. This is because the first property is secured against the second. au 60 PART TWO — FINANCIALS a second and subsequent properties. I would then borrow the balance (80 per cent) from a lender other than the one who has the loan for the first investment property. The purpose of this is to spread my risk.

As part of your mortgage, your financier requires you to have building insurance, however building insurance does not cover you for any of the contents such as carpets, window furnishings, light fittings etc. Therefore you will need to obtain contents insurance as well. Your insurance company will advise you on how much contents cover you will require. Most comprehensive landlords insurance policies will cover a number of what-ifs, including: the cost of any damage to the property caused by the tenant; the property being destroyed; tenant squatting and not paying their rent; tenant leaving without paying rent; loss of rent while damage is repaired; and legal liability.

The local restaurants and shopping precincts were filled with people enjoying the easygoing lifestyle. I am always happy to review an opportunity with an investor. However in the majority of these cases, closer inspection of the demographics showed that many of the people living in the area were transient, meaning they were only staying for a short time and the industry was based around a single industry, usually tourism, which was seasonal in demand. au 41 47 BIGGEST MISTAKES MADE BY PROPERTY INVESTORS AND HOW TO AVOID THEM retirees in these areas when compared to the surrounding areas and that most of the people living in these areas were owner-occupiers.

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47 biggest mistakes made by property investors and how to avoid them by Helen Collier-Kogtevs


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