Just a list of 15 things that newbies (never invested or bought property before) may want to read up on/ask about from other investors if contemplating doing or not doing any of the following. It’s just a list for awareness before jumping into a decision about them. Personally I perceive them to be either higher risk items or things that could negatively affect their portfolio, either by engaging in them or not engaging in some of them. There are many, many more so please add to the list. This thread is not intended to tell newbies how to make a decision or what to do, but only make them aware of these points, so that they can then go away and do further research/ask questions about positives, negatives etc to other investors. This is my personal top 15 though somewhat subjective and will always depend on individual situations. Please add your tips. My top 15 1. Buying in mining towns. 2. Buying at the peak of any boom markets 3. Buying Off The Plan units in high rise buildings 4. Buying a place without having a good understanding of the value of similar dwellings in the area. 5. Going to buy at auction 6. Buying in a high vacancy rate suburb 7. Cross collateralising their loan when unnecessary 8. Attending a property seminar and then buying property from them, arranging finance, legals etc all from the same company. 9. Buying a place, then left with no money at all for a buffer. 10. Buying land and intending to build a house and keep as an Investment property 11. Buying to renovate and flip for profit 12. Property development 13. Not wanting landlord insurance 14. Listening to friends/family who have never invested in property about what to do and where to buy 15. Buying in areas that have a history of natural disasters, flooding, bush fires etc.