Investing in property is a courageous thing to do. Many people aspire to be investors, not so many actually realise those aspirations.
Those that do invest, seize the moment. They do the research, they run the numbers, they know what they’re getting into and they have a long term plan for creating wealth. They courageously take a calculated risk, and, based on the information available at the time, they allow logic to override emotion and make a decision to sign the contract.
The process leading up to investing is like a steam train gaining momentum.
The first step is exciting, you’ve made a decision that this is what you want to do, you’re gathering information, talking to people, working with me and getting up to speed on your options.
The next step can be overwhelming as you narrow down your options from hundreds to a couple of hot contenders. How do you know what will give you the best return on your investment? How do you know you’re making the right decision.
Once you’ve decided on the property that suits your needs, momentum picks right up and things move fast. Really fast sometimes. Within a week you can go from liking a property to exchanging contracts, paying the deposit and arranging finance.
That’s where the nerves start and courage steps in – or fear takes over.
Do you take the leap, achieve your goal and grasp the opportunity? Or do you stop, question your decision, delay and miss the opportunity?
Courage doesn’t need to appear unless fear has raised its head first. Which emotion will win?
Gather the information you need, slow down the train and make the decision that’s right for your future.
If you miss the opportunity, will you regret it? If not, that’s a good decision. If you will regret it, think again, summon that courage and make it happen.
We have some great properties available in investing hotspots up and down the east coast and this month’s property highlight is an interesting one. It’s a “dual key” property in the Lower Hunter. More information will follow, but there’s a sneak peek below.
Australian Property Investor online magazine has just published my latest article about the benefits of looking beyond your own backyard when investing in property. Check it out here.
Please get in touch if now is the right time for you to take that leap of courage to create wealth for your future.