//
1300 372 677
info@integrityx.com.au
Contact Us

11/11 Risk 11: Risk Management Rules For Investing

Let’s sum up the risk management rules for investing that we’ve covered in this series with this checklist:

  • Buy in major population centers.
  • Buy new properties with a builder’s warranty and structural guarantee.
  • Buy in the middle of the market.
  • Look for diverse economies.
  • Maintain a healthy cash buffer.
  • Set your rent to $10-$20 cheaper than the market rate.
  • Appoint a reputable property manager.
  • Check potential tenants in the national ticket database.
  • Never buy in an area prone to natural disasters.
  • Have building and landlord’s insurance.
  • Install fire detectors.
  • Choose brick homes rather than wood homes.
  • Conduct regular inspections.
  • Take out an income protection policy.

I hope you enjoyed this series.

If you need any additional information or advice, reach out to my team at 1300 372 677 or info@integrityx.com.au, they’ll be happy to help you.

Happy Property Investing!
~Daimien Patterson

👉Come and join our weekly webinars where we discuss strategies to improve your future, property investment tips and tricks, the do’s and don’ts of property investment, and much more! CLICK HERE

👉Become a Property Expert with my new book, Wealth Through Property. Order yours today! CLICK HERE

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, IntegrityX Enterprises Pty Ltd, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, IntegrityX Enterprises Pty Ltd and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.