Real estate investment is on a hype now. Investors who are not good with stocks usually focus on investing in real estate instead because of its simple scheme. Let’s say you have a rental apartment as your investment and business. The easy part of managing your units to start earning is to look for long term tenants. Your yields will follow as long as your rental apartment is running and you have tenants who pay for the space. See, you don’t even need to look for the charts or analysis to profit unlike when you are investing in stocks. But is it enough that you have tenants if you want a long-term capital appreciation and cash flow? If you want to succeed in real estate investing, here’s what you need to do as investors.
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The heart of why I do this seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more on how you could time the market checkout the trainings below.
Stock Smarts Cebu — April 6 & 7, 2019
Investing Insights Japan – April 13, 2019
Stock Smarts Singapore — May 18 & 19, 2019
Investment Conference 2019 – May 25, 2019
Stock Smarts Manila — June 15, 16, 22, 23, & 29, 2019
Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019
Stock Smarts UAE – August 30 – September 3, 2019
Stock Smarts Qatar — October 3 – 6, 2019
Stock Smarts Taiwan – November 2, 2019
As a real estate investor, you need to switch from thinking for short-term objectives to thinking for long-term goals. You need to have the right mindset so you can forecast the future of your real estate investment, say after 10 or 20 years. One major thing you should think about to encourage yourself to stay still for the long haul is that land doesn’t depreciate, it appreciates as contrast to other material things.
Just like in any other investment portfolios, there are things you can control and you can’t. To be successful in the field of real estate, you need to focus on controllable things rather than on the uncontrollable ones. Some things you can control are the rental price of your unit, the value of experience you can give to your tenants, and your profit. Meanwhile, the things you can’t control are the market for the real estate and the behavior of you clients.
If we somehow patterned returns with value, returns are uncontrollable somehow. Instead, you can give value to your customers and tenants in order to put up a good image of your rental spaces. For example, you can allot money for the design and layout of your rental apartments to suit the needs of your tenants. If you do this, high return will come forward.
We live in a culture where people live by money. If you want to be successful in this investment field, you should avoid fighting over a small amount of money. I tell you, if you control your money emotions, you will obtain peace of mind. Don’t break relationship because of money. Landlord became too strict over their tenants because of simple things like breaking their glasses, sofas, and flooring. As a landlord, you can always negotiate and talk to your tenants on how you can solve the issues without fighting over it.
Why do you want to buy the property? Is is for capital appreciation? Is it for you monthly cash flow? Is it for your kids when they grow up? Always ask yourself why you do the things you do today in terms of real estate investment. Don’t hang on to your money until you reach your old age when it’s too late to put your money in good use.