They invest, not speculate
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 in
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.
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.
Right now, at RealRenta Join now and get 50% off the normal low price:
That’s the cost of 1 cup of coffee a week to manage your rental property
https://mailchi.mp/realrenta/50-deal-2020
RealRenta also has a free vision, so why not check it out
Jason Gwerder
Friday, 8 January 2021
