5 Ways to Fail at Property Investing

by | Feb 24, 2017

There are a lot of ways to fail at property investing.

However, did you realise that in many cases, an investor’s actions, not the property market, keep them from achieving their goals?

The following 7 mistakes are often seen among investment property owners, but they don’t have to happen. Simple awareness of these issues is often enough to help an investor make any necessary adjustments.

1. Lack of discipline

If all it took to gain financial freedom was to simply buy a single investment property, then discipline wouldn’t be an issue.

But it takes a number of properties to create a portfolio that will deliver the results you need.

Distractions…temptations…lots of things can get in the way of your goals, but disciplining yourself to stay focused on what needs to be done can help you avoid those problems.

2. Lack of persistence

Quitting is easy.

And while staying the course isn’t always easy, it’s certainly worth the effort.

To help yourself stay the course, focus on doing those things that must be done while avoiding distractions that will stand in the way of your efforts.

If you’ve used a method that defines exactly what you should do, such as the S.M.A.R.T. method of goal setting described above, you’ll find it much easier to be persistent.

Don’t be afraid to try something new if what you’re doing isn’t getting the results you need. Consult with a mentor or other investment property professional…sometimes a third party can see those little inefficiencies that we’re overlooking.

smart goals

3. Lack of conviction

Do you really want to buy an investment property?

Anything worth doing is worth doing right, but if you don’t have a strong conviction that real estate investing is the tool for you, it will be much harder to move forward.

Strengthen your conviction to follow through by reminding yourself why you want financial freedom and why you chose investing in property as the vehicle for growing your wealth.

4. Ignoring past mistakes

Mistakes are just going to happen…without a doubt.

But, when we learn from our mistakes we give ourselves the gift of foresight to avoid making the same mistake again.

Make a mistake?

Think about what happened. What did you want to happen? What was your strategy? Why didn’t it work?

Are you seeing the real reason why you failed? Ask a trusted friend or advisor for their take on the situation. Maybe there’s something you’re missing.

Of course, when we learn from the mistakes that others have made we quickly gain knowledge and experience that would have taken us years to acquire.

learn from your mistakes

5. Fatalistic mindset

People who think of themselves as someone who has no control over their life will find it difficult (if not downright impossible) to become a property investor.

Nobody has control over every aspect of their lives, but that doesn’t mean we throw our hands up in despair and do nothing.

If you’re the kind of person who takes control over your life, if you take responsibility for your actions and look for solutions instead of wringing your hands about problems, you’ll find investing in property to be a very satisfying…and profitable venture.


If you’re interested in investing in property, register to attend our next Property Investor Night.

At these FREE events held all across the country we discuss where the growth markets are right now, and share ways you can navigate your way to financial freedom through investing in property.

Seats fill up fast, so book yours now!


6 Ways To Speed-Up Your Next Property Purchase 

6 Ways To Speed-Up Your Next Property Purchase 

  Get There Faster If you are already a property investor with one or even two properties, first of all, congratulations. You’ve taken some seriously great steps in creating your future wealth and a pathway to a work-less, play-more retirement with passive...

Property investing: Five ways to create cashflow boom!

Property investing: Five ways to create cashflow boom!

When it comes to property investment there are some things you can never have enough of.

When it comes to property investment there are some things you can never have enough of. Good tenants, reliable builders, a great relationship with your bank.

But more than anything what you need is good cash flow. 

Having a steady income of cash means never having to dip into your own pocket to top up repayments, complete repairs or make another purchase.

Here are the top five ways you can ensure the cash keeps flowing, so you can keep your investment portfolio growing. 

Lock it in! How to protect your equity

Don’t be caught without it.
As a property investor who is building a portfolio, it’s vital that you have access to your equity whenever you need it. 
There’s nothing more frustrating than finding that perfect new property to purchase, only for it to be held up – or worse still, lost completely – because your finances weren’t in good shape.
Having an interest-only loan structure with a healthy off-set account is a great way to ensure you have equity at your fingertips whenever you need it, but that’s not the only way…