Accept You Don’t Know What You’re Doing

OK, lesson number one: understand that you don’t yet have any clue what you’re doing. That might sound harsh, but if you’ve never bought a property as an investment before then you likely don’t know what you’re doing, and recognising that will stop you from making the types of mistakes that cost people a lot of money that they cannot afford to lose. Before you do anything, you should be reading as much as you can, trying to gather as much information as possible so that when it does come time to strike you know exactly what you’re doing.