Most property investors appreciate the need to put together a team of advisers: a buyers advocate, a mortgage broker, financial planner, property manager. But perhaps the most import adviser you need is a solicitor experienced in property investing.
A $10,000 mistake in property investment may seem a small mistake when you consider the total costs involved in buying or selling a property with a price-tag of $500K+. But theres a way to avoid losing money in your property investing transactions and that is to educate yourself first.
Before you talk to your solicitor, read this book. In Smart Questions, there are 75 frequently asked questions that property buyers and sellers should find out the answers to before they make any decisions. Answers to questions in the book cover: leases, deposits, getting finance approved, buying off the plan, body corporate issues, getting finance approved, and much, much more.