1. Don’t buy on Emotion – It’s not about the colour of the curtains, it’s all about the figures.
2. Do your Due Diligence – Do your homework and purchase with your eyes open.
3. Crunch the numbers accurately – There’s no room for guestimates.
4. Always seek expert Advice – Accountants, Solicitors, Brokers – Gather the best team you can.
5. Have a risk mitigation strategy in place – What is your back up plan?