- June 27, 2017
- Posted by: adrianwee
- Category: Blog, English
Property investment is all about one’s mindset. Some may think positively, some may think negatively – It’s a fact in life.
If your glass is always half empty, you should perhaps look away now!
Let us not get carried away. I’m not promising this is the key to untold riches. We may all want to become millionaires but miracles don’t happen overnight – They have to be earned!
I’m not promising multi-million dollars property portfolio overnight. What I’m promising (whether you have very little money or millions of ringgit) are strategies and ways of thinking which can and will grow your financial wealth in a sustainable and positive way.
Let’s get one thing clear; there are no get rich quick (stay rich) schemes in life; unless you were born into wealth, which most of us aren’t, you have to earn your money by hard work and you are not going to throw it away!
However, you may have reached a point where you are looking for new opportunities and a different lifestyle. You may be looking to give up the day job or cut down on your hard work to spend more time with your family. The lifestyle you aspire will help determine how far you want to go to achieve your goals.
But all goals need a positive mindset coupled with ACTIONS!
You may hanker after financial freedom – The point where you can earn enough money from properties and investments to give up the day job and let your money work for you – hopefully while you get a good night sleep.
The answer is YES. Providing you have a right mindset and the right knowledge. Going into any venture without proper education and advice is a recipe for failures; as would be the case with any sectors of specializations.
Despite the recent economic downturn, many would rather put their money in real estate than stocks and shares or saving accounts. In the buy to rent market alone, there has been a recent upturn in cheaper mortgage products being offered; reports show that people are turning in large numbers into property investment.
In short term, you may not get the capital appreciation on a property in short term; but there are investment opportunities. It just a matter of seeking them out and balancing your desired outcome (long or short term) with the right strategy for you
Investing in property is much more than just bricks and mortars. To become a successful investor it is just as important to invest in people. Really successful property investment come from Investor and Entrepreneurship attitude and Network of Contacts of “POWER TEAM” built in order to grow their portfolios.
Create a trusted POWER TEAM including real estate agents, solicitor, tax consultant, builder, letting and management team, surveyor-architect, mentor, broker, and lender.
An investor doesn’t need millions to invest but a positive mindset, an eye for detail, a degree of financial acumen and determination to succeed.
Just remember that you and your business be prepared for lots of rejection but stay motivated and determined. It is up to each individual to decide whether they have the drive and focus on making a success of themselves.
Join us on our next programs or LIVE Workshops and See You there!