Even though they think they are investing, many property investors are actually speculating.
The problem is they don’t recognise this.
You see…all investment comes with an element of
risk, but in my mind, it’s
important to minimise your risks as an investor.
Yet the average investor buys their property
emotionally, often near where they live, where they holiday, or where they want
to retire.
Then they hope that the market will appreciate it.
Others look for the next hot spot, trying to time
the market.
Both these types of investors are dependent on
outside market conditions to produce a profit.
Smart investors do it differently.
They make educated investment decisions based on
research, evidence, and fundamentals.
They buy a property below its intrinsic value, in
an area that has above average long-term capital growth because of the more
affluent demographic living there, and then add value through renovations thereby
"manufacturing” extra capital growth.
RealRenta has all the tools that a property manager
has, but less than ¼the cost of a property
manager.
Join now and the cost
is less than a cup of coffee a week to manage your rental property
RealRenta also has a
free vision, so why not check it out
Jason Gwerder
Wednesday, 16 February 2022
