April 28, 2013 Leave a comment
By Lisa Dudson http://www.acumen.co.nz
It’s a reasonable assumption to make that people who put a lot of time into learning a particular skill usually become experts at it. In other words…“practice makes perfect”. Property Investment is no different. It’s a business and should be treated as such. Things can turn pear-shaped when it’s regarded as a “hobby”.
We’ve all heard the barbeque disaster stories of people who have had bad experiences with property investing. More often than not these people have made the mistake of diving in with minimal education and/or advice.
To run a successful property investment business you will need a team of skilled people working with and for you. This is likely to include a lawyer, accountant, mortgage broker, valuer and also possibly a property manager and project manager/builder. Unless you have the experience (or are able to put aside the time to create it!), using a professional property finder might make a lot of economic sense for you. It sure makes a lot of economic sense for me to pay a dentist rather than try to do it myself.
Recognising, sourcing and negotiating property investment opportunities is a specialised skill and those of you who are interested in saving time, money and stress may want to enlist I Find Property to help you build your property investment business. We’d love to work with you.
Maree Tassell is my business partner. She has been investing in property for many years and started I Find Property over 6 years ago so she has lots of experience finding great deals for investors.