Are you doing your homework before you buy?

By: Cameron Black: March 7, 2017, Updated: January 21, 2019

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” —Paul Samuelson, First American Winner of Nobel Prize in Economic Sciences.

If you are jumping into property investing without doing your homework you are likely to be burnt. Even in my relatively short lifetime I have seen a number of booms and busts, so we all have to constantly ask ourselves every time before we invest, ‘have I done my homework?’.

Of course no one has a crystal ball, so when you make an investment you have to take on risk, and without risk often there is no reward. So if we acknowledge that we have to take on some risk, the question then is how do we minimise that risk.

In our view (the view of Propertymash.com) you limit your risk by doing your homework. By talking to several people, by researching the market, by making sure you are getting genuinely independent information and advice.

Unfortunately in the property industry there are just too many so called advisors with hidden agenda’s. How can you really believe what you are told? How can you believe what you read on various Internet portals?

It is for this reason we have started Propertymash.com. We wanted to build a site that displayed the real information as prepared and checked by us, so buyers could genuinely make informed and educated decisions. We don’t purport to rank or even tell you whether a Project is suitable for you or not. We believe that if we can show you everything in the market and give you the facts straight up, coupled with some indepth property know how and local knowledge, you will make a better choice.

Remember Propertymash.com is not a real estate agency and doesn’t get any commission when you enquire on our site. Your enquiry will go direct to the Developer and you will buy directly from them.

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