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Not everything always does it go to plan.
When investing in property it pays not to be too emotional about a particular property as things could always go wrong.
For example, even though I had put an offer on a property which was accepted, at the last minute the seller pulled out, apparently wanting a higher price.
A price at which the property as an investment would not work. At the end of the day its all about the numbers. And if they do not work, you should move on.
This of course is easy if you are not emotionally attached. Yes, that was frustrating but that’s business and there are always good deals.
As such it did not take long before I found another.
And as a footnote, last I heard the seller of the original property still has it on the market proving again the property always has to be priced right – according to the market.

Posted: Wed 20 Dec 2023

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