Habits of Successful Investors – Q2, 2021 Update

 

1. Master a Niche Market

Effective real estate investors acquire an in-depth knowledge of their selected market(s). Keeping abreast of current trends that affect the type of property you are looking to purchase, and the type of tenants who will lease the property. Plan for the future by studying the market. This may create potential opportunities for the prepared investor, particularly in this current market.

2. Understand the Risks

Real estate investors often see ads about how easy it is to make money in real estate. Prudent real estate investors understand the risks, not only in terms of real estate deals, but also the legal implications involved, and adjust their investment decisions to reduce those risks.

 

3. Know the Market

Effective real estate investors acquire an in-depth knowledge of their selected market(s). Keeping abreast of current trends that affect the type of property you are looking to purchase, and the type of tenants who will lease the property. Plan for the future by studying the market. This may create potential opportunities for the prepared investor, particularly in this current market.

 

If you are considering a commercial property, then obtain advice from an independent property expert, as it is their core business. Feel free to call me on 0418 129 299 for a brief chat.

 

E: pflynn@icpg.com.au www.icpg.com.au

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