Forget about what marketers bluff about hidden gems in the property market.
We can never be too good doing anything for the first time, especially when it comes to investment.
With lack of knowledge and experience, we can have all the money in the world, but still end up buying a lousy property which turns out to be an underperformer in both value appreciation and rental yield.
Last year, I wrote a post to share my story about “The day I bought my first private property”.
With a limited budget, I picked up five small properties in less than five years in a depressed property market. Some were good; others were not as good as the others.
With hard work and a bit of luck, I was grateful for the humble profit margin of 79 to 119 percent after selling my first property portfolio.
But what I treasure most is