However, procuring property is a complex and time consuming procedure, and there are many pitfalls for the inexperienced investor, especially in the current inflated market. Some of the challenges include:
Knowledge – not understanding the complexities of the process
Time – Inability to spare the time required to investigate fully & manage the process effectively
Finance – lack of access to finance
Resources – lack of knowledge about and access to the professional support required
The above challenges can prove time consuming and frustrating, let alone financially risky.