Look Beyond the Buy Buy Buy (BBB) Mindset!
Do not get trapped in the mad rush to BBB or Buy Buy Buy!
If you look around today, you may find that more and more people are plunging into the property game , getting their feet wet.
You may be one of them too!
However, have you ever considered,
Why are you buying the property in the first place?
What are your short term , medium term and long term goals in buying properties?
What is the strategy for this property?
Are you buying the property purely based on hard facts/numbers, or driven by rush of emotions?
How long are you planning to hold the property?
How is your holding power of the property, in the event the deal turns sour in the short term?
Who are your target tenants?
As you can see, simple questions such as the above are very very Important to consider!
Surprisingly though , and more often than not, most people can’t even answer half of the questions above!
Some would just BUY a Particular Property , due to FEAR OF MISSING OUT OR LOSING OUT By not taking action now, without considering any other factors.
This is A MAJOR PITFALL IN PROPERTY INVESTING!
Do not just buy a property just because everyone around you seem to be investing in properties and seem to be doing well.
There is simply no sense, rushing to buy properties blindly just to ‘be part’ of the game.
So, what can you do now to get started on the right track in property investing?
Well, firstly, one of the best ways is to educate yourself about property investment.
There is a famous saying by world renowned speaker, Anthony Robbins,
One of the fastest ways to achieve success in anything is to model after successful people. Why reinvent the wheel? Find out who is the best there is who has already achieved what you aspire to have, and model after them.
With Property Fast Track seminars, you can do exactly just that!