EPI 118 | Five big investing mistakes

• Cate Bakos on auctions, lenders tightening the purse strings, pre-approvals
• Kaz on making offers for herself

1. Ignoring the TITLE TYPE
2. Overlooking the limited scarcity value of a property
3. Favouring brick over weatherboard for the wrong reasons
4. Bringing Feng Shui into decision making.
5. Believing agent’s underquoted price tags

KAZ: Five big investing mistakes

1. Units
2. Flooding
3. Maintenance nightmares
4. Housing styles bias
5. Small blocks in outer suburbs, transport/facilities wilderness (deep suburbia)

• Review the mistakes that Cate and I have covered off
• Are you making of these mistakes?
• Review your criteria for a good investment property and rid yourself of any ‘personal bias’ in your decision making, hopefully focus in on what makes a good investment