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10 Brutal Truths About Property Investment No One Ever Tells You
In the world of property investment, there are many lessons that you often learn only through experience or hard knocks.
Today, I’m going to reveal some of the brutal truths about property investment.
You’ll gain insights into the potential pitfalls, common frustrations, and how slick marketing can mislead you. However, understanding these truths can help you avoid mistakes and succeed where others fail.
This guide will delve deep into the realities of property investment, covering everything you need to know in detail.
1. Property Markets Are Cyclical
One of the fundamental truths about property investment is that property markets are cyclical. Over the long term, well-located residential properties tend to increase in value. However, there are periods within each property cycle when values stagnate or even decline. Understanding these cycles is crucial for making informed investment decisions.
The Boom and Bust Cycle:
- Boom Phase: During a boom, property prices rise rapidly due to high demand and investor confidence. This period is characterized by low interest rates, increased…