Property Investing Journey

3 aspects of property investing to learn:
1. Buying
2. Renting
3. Selling

Factors to consider:

Buying
1. Timing (Market cycle)
2. Budget (Loan approval and Do not over commit)
3. A selection system (Purpose/Location/Price)
4. Renovation (Sunk cost)
5. Think long term (Do not speculate)
6. Partnership agreements (Have it in writing)

Renting
1. Landlord rights (Scrutinize tenancy agreements)
2. Rental yield (Positive cash flow against property loan)
3. Property tax (Affect profits)
4. Agent commissions (Negotiate upfront)
5. Maintenance (Repairs, painting, furnishings, etc)
6. Other charges (Conveyancing fee, legal fee, insurance, etc)

Selling
1. Patience (Greed and fear)
2. Sprucing up (Presentation)
3. Timing (Market cycle)

Wishing you success in your property investing journey!