RPC

Based on the 2nd half 2016 property report, it can be seen that the 18-year property cycle is in tandem with current market trend. The latest real estate data indicates that things may no longer be as rosy as some want us to believe. The boom times are changing. I do worry for those who don’t see it coming — but there are still ways to invest sustainably and profitably.

As more and more of us look for better ways to secure our financial future other than investing into stocks, forex and shares or even relying on our retirement funds, interest in purchasing property as an investment asset is increasing. Property Investment is a long term game plans where if carefully invested will bring us massive of returns. Here are some tips that seasoned property investors used in building their property portfolio:

Becoming a successful real estate investor requires being able to find good real estate investment deals and put them together. Your job is not to become a closing attorney, a management expert, or a repair person. Use professionals! You must learn how to appraise and find the true value of real estate, this information will help you make better investment decisions. Realtors, appraisers, and banks determine what a property is worth by looking at comparable sales (usually three to five sales of similar property that has recently sold in the same neighbourhood).

Negotiation skills are an important part of real estate. A negotiation shouldn’t be about winning or losing but is more towards creating a win-win situation where both parties ended up satisfied with the agreement. Here are 6 tips to make you a better negotiator: 1. Preparation, Preparation, Preparation There is nothing that will get you further than being well prepared, yet is often the part of the process we spend least time on due to various reasons like “too busy”, “we know all the facts already” etc.

The ideal investment is one way for investors to fight the fight or maybe even opt-out of the fight and leave the arena if things do not look favourable. Another way is to use market-timing strategies to shift capital quickly into rising trends and out of falling trends which is the essence of successful investing. Would a general go into war without the best strategies and weapons to win the fight?