{"id":9477,"date":"2018-06-28T15:25:54","date_gmt":"2018-06-28T05:25:54","guid":{"rendered":"https:\/\/www.trc-gorod.ru\/?p=9477"},"modified":"2019-07-30T12:42:12","modified_gmt":"2019-07-30T02:42:12","slug":"how-can-investors-educate-themselves-properly-your-weekend-project-challenge","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/how-can-investors-educate-themselves-properly-your-weekend-project-challenge\/","title":{"rendered":"How Can Investors Educate Themselves Properly? \u2013 Your Weekend Project Challenge"},"content":{"rendered":"
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\u201cHere\u2019s a challenge, go to an open home and see how many people will be buying real estate based on an emotional decision,\u201d suggests TRC-Gorod\u2019s CEO Sam Saggers, on Smart Property Investment segment, The Weekend Project. <\/p>\n
After dedicating a lifetime to property investment Sam\u2019s first bit of advice is to ensure you\u2019re making decisions about the property based on the numbers, and the economic returns of the property.<\/p>\n
His tip, get along to some open homes on the weekend and eavesdrop on conversations and comments\u2026\u2026become a voyeur of the open home and really listen to why people are buying. They\u2019ll say some weird things like \u2018its got a lovely kitchen\u2019, or \u2018how bright is the bedroom\u2019. Are they really economic decisions you should be making? Absolutely not! They are purely emotional and often people end up over spending due to buying with their heart not their head!<\/p>\n
\u201cI think buying real estate on the numbers, or a strategy, is a far better way of looking at the market. Buying at a discount, buying properties that are perhaps in distress, looking at properties that you can renovate or change.\u201d Sam advises.<\/p>\n
\u201cSo go along, give it a go. Your lesson for this weekend is to analyse what other people do, because you\u2019ve got to learn how to buck the trend.\u201d<\/p>\n
Let us know your thoughts, do you find yourself having to pull back and refrain \u2013 keep your mind in check and return to the numbers? Have you bought a property based on emotion?<\/p>\n
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\nClick here to like us on Facebook and see more updates like this.<\/a><\/strong><\/p>\n Hey there, do you enjoy the TRC-Gorod Blog? If you did, why don\u2019t you book into a Property Information Night in your area and get more information from our team. You can do so here<\/a>.<\/p>\n