What are the more common property scams and how are investors impacted by them?
In this short video Kevin Turner warns investors against:
- Rental Guarantee Schemes
- Buing into Land Banking Schemes – this is different to owning a property yourself and landbanking for future development
- Getting poor advice
- Not having a plan
The fallout from these issues is that many investors never buy another property.
- Don’t rush into property investment
- Don’t look for get rich quick scheem,es
- Avoid advisors who are selling their own stock. Take advise from independent property advisors who help you formulate a plan specifically for you.
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.