Something that survives and is consistent, successful and profitable, is the fruit of creativity. Change your mindset that constantly feels you can’t be a thought about how you should do it. Instead of being pessimistic about seeing a promising listing but it seems impossible to achieve, try to find creative ways to make it yours. On the other hand, you may also learn more about investment from Daniel Ballerini.
In order to make your main income property investment business, there are many things that you will have to sacrifice
The coveted financial freedom can be achieved diligently by doing and building a property investment business from below. From the bottom means there will be many demands that you sacrifice. Forgetting a vacation plan for a moment and using the money for a Down Payment of the property, collecting capital for a long time before you can make an investment, and even fixing cheap property that you buy to look beautiful and sell are some of the things you have to do.
Planning costs for investment must be detailed and realistic
Real estate investment does not involve mathematical calculations that are easy to understand. Therefore, familiarize yourself with the calculations and costs incurred, do not guess if you can calculate more accurately so that deals and transactions that occur are more convincing and solid. Write down all the plans and investments you make and your goals.
Property investment is still a business that requires a system
It is very easy for property businesses to forget to create a system that is organized and orderly so that all deals run efficiently. Don’t make property investment a mere hobby, so you don’t really take this business seriously. You can indeed work in the main business other than the investment business, but business is still a business. If it is not fixed and automated, you will suffer losses that are not reversed. Also, fix the bookkeeping and recording of your property investment transactions.
Don’t be afraid to start, that is actually the key for beginners in the property investment business. Start with what you have and with what you can, and continue to improve your next steps.