Pain points to property investing

Discussion in 'The Buying & Selling Process' started by Angus74, 20th Dec, 2017.

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  1. Angus74

    Angus74 Member

    Joined:
    24th Jun, 2017
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    16
    Location:
    Sydney
    Hey Guys,

    Just generally interested in what are your typical pain points/problems/issues that you have experienced in your property investment journey. Open to hearing issues in regards to all areas such as buying, selling, researching, finance, portfolio management ect that you have found to have.
     
    Angus74, 20th Dec, 2017
    #1
  2. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    Finance. I am a low spender for personal expenses and have never been able to borrow as much as I can afford to repay. That said, it's never really stopped me doing anything that I really wanted to do.
     
    Perthguy, 20th Dec, 2017
    #2
  3. KayTea

    KayTea Well-Known Member

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    10th Aug, 2015
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    1,204
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    Inside my head
    Constantly paying for repairs and renovations on properties that my tenants live in (for legal, safety, or aesthetic reasons), when I can't afford to do the same work on my own place, so it looks like I live in a dump.
     
    KayTea, 20th Dec, 2017
    #3
    Kassy, Marg4000 and Perthguy like this.
  4. Anthony Brew

    Anthony Brew Well-Known Member

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    18th Feb, 2017
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    Australia
    Assuming that I will get a complete picture from reading posts on a forum that are each a few lines long. Went and started reading books (dozen so far and 3 more in the mail) and my entire understanding has changed in big fundamental ways. This forum is invaluable too, but it is not enough on it's own since a few lines of a post will lack the comprehensiveness of in depth explanations.
     
    Anthony Brew, 20th Dec, 2017
    #4
  5. Big Will

    Big Will Well-Known Member

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    18th Jun, 2015
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    Melbourne, Australia
    Making sure I take the correct keys to the property.
     
    Big Will, 20th Dec, 2017
    #5
  6. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
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    3,184
    Location:
    Perth
    This ^^^^^

    Reading a book is like tapping into someone elses life experience for a few dollars and a few hours of your life. Audiobooks are even better for me.
     
    Colin Rice, 20th Dec, 2017
    #6
  7. Scaphella

    Scaphella Well-Known Member

    Joined:
    6th Jun, 2016
    Posts:
    535
    Location:
    WA
    Needing help & not knowing who to turn to and who to trust.
     
    Scaphella, 20th Dec, 2017
    #7
    Anthony Brew likes this.
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