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Costly mistakes investors make when managing their property
Manage episode 452165640 series 2921058
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Managing your property investment for the first time can be daunting, and be layered with pitfalls
We uncover 6 frequent missteps that investors make when managing their property.
- Are you chasing too much rent and risking costly vacancies?
- What happens if you fall behind on market rent adjustments?
- Could long-term leases limit your flexibility to sell?
- Why is attending owners corporation meetings so crucial?
- How does neglecting regular maintenance escalate costs?
- Are you undervaluing the importance of quality property management?
We’ll explore how to sidestep these pitfalls and take proactive steps to safeguard your assets while positioning them for long-term growth in a changing market.
We enjoy providing you with free insights into the Melbourne property market and property investment more broadly. Thank you for listening.
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Investing in property makes sense. Investing in the right property takes knowledge.
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