When buying ask - "How many of these properties do I need to buy to never work again?"

If you're seeking financial independence then you need to appreciate that it's a step by step (or deal by deal) process.

Every property you buy should propel you towards your investment goal.

Sometimes you'll find the property equivalent of a wolf in sheep's clothing. This is a deal that looks good because it delivers tax savings and positive cashflow.

But quite often these are red herrings because when the tax benefits run out so too does the positive cashflow.

You can protect yourself from making an expensive property mistake by broadening your financial eduction with great resource called "Buyer Beware".