If you really want to increase your property’s value, you’re going to have to get creative! Try these outside-the-box improvements [pics included!].
Browsing: real estate investment
Even for new investors, it’s important to show respect to everyone you work with. This is how you win “their hearts and minds.” If people feel like they are being coerced or pressured into doing something, they will automatically become resentful.
As Warren Buffet put it, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” In other words, your reputation can make or break you.
You have almost certainly heard before that we should spend more time listening and less time speaking. Whereas the natural urge in most conversations (particularly arguments) is to want to speak your mind, listening is a far more valuable skill.
Diversification doesn’t necessarily mean do a little bit of everything. But with good planning, you can diversify within your chosen real estate niche to improve odds of (great) success. I would like to share with you what I have learned over 20 years of playing Monopoly with real houses.
As they say, a wise man learns from his mistakes, but a wiser man learns from the mistakes of others. So, be the wiser and learn from mine.
To grow your business to the next level, you have to take the concept of scaling seriously. And the first step to this is mastering the art of delegation.
Evaluating a property is one of the most important aspects of investing. Luckily, most of what you’ll need is available for free if you know where to look.
Interest-based negotiation allows you to work on the same side to find a solution rather than as antagonists. In other words, it’s a win-win.
Argument from authority is a well known logical fallacy. Just because Socrates—or even Joshua Dorkin himself—said something, well, that don’t make it true.
Social proof could be boiled down to “monkey see, monkey do.” Peer pressure didn’t die in high school, folks—and you take advantage of it when investing.
We humans are an interesting species. One of the odd peculiarities about our psyches is the need for consistency. Here’s how that plays into sales.
You catch more flies with honey than vinegar, the saying goes. And it applies in more situations than just being kind to others so they’ll be kind to you.