06/03/2024
Why Due Diligence is important
Besides taking numbers into consideration when buying investment property it’s very important to have a proper Due Diligence process or else would end up with a costly mistake and divert you from your portfolio plan
Sharing my real-life story, the mistake I learnt on my investment journey is to have a proper & thorough Due Diligence process.
What to consider, what are the detractors and other variables when buying an investment property.
A bit sad being my first & second home and not given a choice had to sell to council due to expansion of the council eastern Motorway
This taught me the importance of due diligence.
Proper planning, market & property research is to be in the right market at the right time as this is what differentiates between investors & good investors