Common Mistakes Investors Make - Failing To Act - Properties - Nairaland
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| Common Mistakes Investors Make - Failing To Act by Nobody: 6:52am On May 13, 2017 |
Successful property investing is easier than most people think. The mistakes that prevent most would-be property millionaires from realising their potential are predictable and easy to avoid. During a conversation with other property investors, we started sharing our biggest mistakes, and every one of us felt that we took too long to start investing. We held off, waiting for the perfect moment. There was always something that prevented us from starting. Excuses come like; I hadn’t found the perfect property, I didn’t understand all about finances, I wanted to go overseas, I didn’t earn quite enough money – the list goes on. The fact is, just like many other things in life, there is never a perfect time to buy your first investment property. HOW DO YOU KNOW WHEN YOU ARE READY TO BUY? Simple, you don’t. If you look hard enough, there will always be something holding you back. However, if you do the following things then you’re probably ready: - Get some property investing education – read books, listen to a property investing broadcast, talk to property investors, join a property investing group and make sure you know exactly what you’re getting yourself into! - Do your calculations using a property cashflow calculator – make sure you know, as accurately as possible, how much this investment property is going to cost you (or how much you will make) from Day 1. - Do your due diligence – make sure the property and location you’re looking at has no hidden secret or defect and is going to earn you the amount you’ve calculated. If you really want to, you can employ a mentor or coach to help you, make sure his/her style and message resonates with you. SO WHAT CAN WE LEARN? Many property investors wish they’d started investing sooner. Fortunately property investing can be a forgiving game (we all made many mistakes with our first property portfolio by not starting early or gathering enough knowledge about the investment chain) but you still need to feel comfortable about your investments to sleep at night. Furthermore, of all the mentoring and masterminding clients we at naijapropertiesonline.com have worked with, very few people have regretted buying a particular property – most of the regret encounter is that they didn’t buy a property early enough. WHAT CAN WE DO NOW? Have a good look at your finances and decide whether you can afford to buy an investment property. If you can, then start checking off the other “readiness factors” listed in your investment notepad. Work out what you’re afraid of, and create a task or two to help you get past this fear. There is a whole world of property waiting for you! Source: www.everydaypropertyinvesting.com/the-biggest-mistakes-investors-make-mistake-number-7-failing-to-act/ www.naijapropertiesonline.com 3 Likes 2 Shares |
| Re: Common Mistakes Investors Make - Failing To Act by Nobody: 7:05am On May 13, 2017 |
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| Re: Common Mistakes Investors Make - Failing To Act by Nobody: 7:06am On May 13, 2017 |
Thanks for this. |
| Re: Common Mistakes Investors Make - Failing To Act by money121(m): 7:08am On May 13, 2017 |
Ok |
| Re: Common Mistakes Investors Make - Failing To Act by TenPassfour(m): 7:13am On May 13, 2017 |
OK, kontinue |
| Re: Common Mistakes Investors Make - Failing To Act by money121(m): 7:17am On May 13, 2017 |
Shingles Design Plain brown Colour... Total sqm: 480sqm Cost Estimate: #2,074,100 Location: Igbogbo Road Ikorodu Lagos State... Call/WhatsApp 08085310359 For Your Next Roofing
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| Re: Common Mistakes Investors Make - Failing To Act by podosci(m): 7:23am On May 13, 2017 |
Visit the thread below for 3D views of proposed buildings and their approx cost. https://www.nairaland.com/2915461/3d-views-buildings-harneyproject-team
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| Re: Common Mistakes Investors Make - Failing To Act by jeftalene(m): 7:28am On May 13, 2017 |
There is also the mistake of falling into the hands of con-artists parading themselves as contractors. To avoid this pitfall.... There is a place where you find latest prices of all building materials in Nigeria, get excellent professional advice on your building project and meet a professional contractor who handles projects at budget-friendly rates anywhere in Nigeria. www.engineerosaz..com or Call/Whatsapp 08167394799 Thanks and success all the way! |
| Re: Common Mistakes Investors Make - Failing To Act by Nobody: 7:28am On May 13, 2017 |
| Re: Common Mistakes Investors Make - Failing To Act by seguno2: 7:35am On May 13, 2017 |
Many thanks for the post. It would be nice to add that one can start property investments from a small amount on face-me-I-face-you tenement bungalows in outlying parts of a town and grow from there. Initial and continuous sacrifice plus focus will steadily increase your investment portfolio. 1 Like |
| Re: Common Mistakes Investors Make - Failing To Act by Herrmes: 7:50am On May 13, 2017 |
Thank you, it's not everyday we get to see a useful post on Nairaland's front page. 1 Like |
| Re: Common Mistakes Investors Make - Failing To Act by yusasiv(m): 7:52am On May 13, 2017 |
meanwhile, online UK based properties are available for funding... 0.46% daily returns for 3 months, your capital untouched.. and u can reinvest after the 3rd month again and ur capital is still fully yours |
| Re: Common Mistakes Investors Make - Failing To Act by Nobody: 8:00am On May 13, 2017 |
A storey building (needing renovation) on a plot of land measuring 638sqm is up for sale.. Suitable for hospital, church, commercial residence or school. Location: Shanu Street, Ikeja. Title: Deed of Conveyance. Price: (asking price is very negotiable).. Call/WhatsApp: +2348075256644 info@naijapropertiesonline.com www.naijapropertiesonline.com 1 Share
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| Re: Common Mistakes Investors Make - Failing To Act by Ayhomes(m): 8:10am On May 13, 2017 |
jjh |
| Re: Common Mistakes Investors Make - Failing To Act by Trunaijian: 8:36am On May 13, 2017 |
Property Consultant Abuja. Whatsapp: 08098503486 Twitter: @sajim_ Instagram: sajjjim |
| Re: Common Mistakes Investors Make - Failing To Act by ADAMUdaCOWBOY: 9:15am On May 13, 2017 |
money121:This ain't shingles dude. |
| Re: Common Mistakes Investors Make - Failing To Act by chuksjuve(m): 12:29pm On May 13, 2017 |
For your home/ office-garden installation and maintenance, indoor and outdoor specialist and your general horticultural services. check my signature.. |
| Re: Common Mistakes Investors Make - Failing To Act by money121(m): 12:31pm On May 13, 2017 |
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| Re: Common Mistakes Investors Make - Failing To Act by MrEverest(m): 12:56pm On May 13, 2017 |
True Talk! Contact Galaxy Properties for geniune buildings and lands for sale within Owerri and surrounding areas. Our contact details is on my signature below. |
| Re: Common Mistakes Investors Make - Failing To Act by tollyson: 1:50pm On May 13, 2017 |
yusasiv:Tell me more on this: tollyson2@gmail.com |
| Re: Common Mistakes Investors Make - Failing To Act by ADAMUdaCOWBOY: 2:27pm On May 13, 2017 |
| Re: Common Mistakes Investors Make - Failing To Act by ADAMUdaCOWBOY: 2:34pm On May 13, 2017 |
money121:Lol what you just posted is shingles but the one is the first set of pictures is not. And by the way that was a very terrible workmanship which you should be ashamed of posting on a forum like this. Seriously does that roof look presentable to you? You are a terrible roof installer and your architect is non the better |
| Re: Common Mistakes Investors Make - Failing To Act by Nobody: 3:23pm On May 13, 2017 |
Brand new 4 bedroom, all rooms ensuite duplex with ample parking space for sale. Location: Alalubosa GRA Ibadan. Facilities: Fitted with interior decors and air- conditioners. Title: C of O Price: Negotiable Call/WhatsaApp: +2348075256644 info@naijapropertiesonline.com www.naijapropertiesonline.com/listings/alalubosa-gra/
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| Re: Common Mistakes Investors Make - Failing To Act by money121(m): 5:03pm On May 13, 2017 |
ADAMUdaCOWBOY:Eheh.. Thank God u agree that design is shingles and for the installation the owner of that mansion didn't complain infact he gave my boiz 5 stars.. So why using panadol for another person headache... Quote me again make Sango strike you  |
| Re: Common Mistakes Investors Make - Failing To Act by ADAMUdaCOWBOY: 6:44pm On May 13, 2017 |
money121:Lol 5 stars ni 4 moons ko! Wetin your client sabi? Like client like contractor. |
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