Evaluate the property structure - There is no point in investing in something which is likely to fall to pieces any day soon. When buying property, realize that it is a long term investment and thus the structure which you are buying should be solid.
· Eradicate personal emotion - Do not buy property when your decision is purely fueled by emotion, rather look at the facts first and then allow your investment decision be based on what you know rather than what you feel.
· Understand the financial
TMW Maxwell Showflat implications - Many people choose to start buying property while things are going well financially, be sure to use one of the many investment analysis tools which are available to be sure that you have allowed financially for the worst case scenario, when choosing which of these tools to use, be sure that the one you select will have reliable results no matter what the market conditions as then you will know that you will not be caught in a financial predicament when the market turns.
Use these words of advice so as to be able to avoid having to make the same mistakes as other have before you, I always say that it is better to learn from the mistakes of others and not have to repeat them than to have to try to learn them all over for yourself.