Building a Solid Foundation in Real Estate PART 1 by Graeme Fowler

Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.
Building a Solid Foundation in Real Estate (2010).
With a large number of well known property investors in NZ going bankrupt, this may be a good time to take a look at your own property portfolio or investment strategies. Many of these investors were also promoters and charged thousands of dollars (at times tens of thousands) to mentor the unwary or naive beginning investor, and often charged for their investing seminars and related materials.
If they were so successful and could teach others how to invest and some even tell investors which way the market was going to go (up or down and by how much!) by using various indicators, why have most of these so called experts gone bankrupt themselves - or very close to it? A few of them in my opinion were always out...
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