Seeing an article in social app, it feels like a lot of benefits, so I`m going to post it to you.
Recently, I always met some customers, want to sell their own many years ago bought the property, and sad to say that was then the intermediary to the trap, let me help find a way to sell.
Yesterday, we must have seen another news headline is, "the Chinese aunt bought a house to get usury, self-exposed losses of nearly $ five hundred thousand, scattered family property losses to sell houses!" Loan broker: everything that can help.
This negative news and news is another blow to many newbie investors who want to step into Australian real estate. In fact, what I want to say is that the house itself is not wrong, only the people who buy the wrong house.
Coupled with the adjustment of the local bank lending policy in Australia, it has also had a considerable impact on the property market, leading to the delay of customers who are now interested in buying. In fact, behind these incidents, There are some factors that lead to different results.
First of all, let`s analyze the properties of real estate, it is an investment product, but also a necessity of life. Since it is an investment in wealth management products, it has three major needs-income, risk, liquidity, and all of which cannot be obtained at the same time.
High-yield, low-risk, high-liquidity investment products are non-existent. So when the real estate market is good, the massive "Australian real estate doubling in seven years", "housing conservation science" and other information have given investors a lot of strong shots in their minds, feeling that they will soon be able to achieve freedom of wealth. You can retire early on rent and so on. In fact, investment is to make a strong insight into things and make a judgment.
One, self-cognition
First of all, fair and impartial self-perception, is a very difficult matter. See oneself clearly, also do not look high oneself. When you are impartial and honest with yourself, you are a truly successful investor. There is a need for a correct understanding of your income.
Many customers come up to me from the beginning with various property information to ask me for advice, or ask me to directly recommend to him, with all due respect, I can`t recommend any products directly, because I don`t know your financial situation. And I don`t know what needs you need to buy a real estate. Hastily introduce you which product good or bad, you are irresponsible to me, lost your money, but also smashed my own signboard.
Shopping is a matter of value for money, and the most important thing is to suit yourself. Let`s take a look at the example of the Chinese aunt above. She has no local income and dares to buy three flats in the same area at once.
An investor who has no stable income to support is a very dangerous act. And the aunt also for her greed, and there is a fluke mentality to find unreliable loan agents to make false income, and hide her bank rejected loans, resulting in her husband and soldiers. Obviously can payoff finish a real estate, the result is forced to scatter the family property.
Second, empty cup mentality
For many successful investors, it`s not your voice, it`s about letting go of yourself to listen to professional analysis of the market. Listening is more important than all qualities and abilities, but also learn to be calm and simple.
Many customers are big players in various fields. They feel that they have a lot of successful cases, and that they can copy their own successful cognition into Australian real estate investment. Since real estate investment is not a simple game, it is not a simple game to invest in real estate in Australia, since real estate investment is not a simple game, since real estate investment is not a simple game. There are its specific circumstances and rules, and it is not a simple universal formula that can copy all things hard. It is a long-term business, since it is business must always pay attention to its indicators. It also seems to be an ecosystem that does not exist in a single situation.
Consider the risks and benefits, including the cost of waiting time, the rate of return on rental housing, and liquidity.
The current overseas loan restriction policy, will only let house prices slowly tend to stabilize. Well, should the current real estate market value the return on rent or the value-added value of the house itself? the editor believes that the current market should pay more attention to the rate of return on rent. Although the real estate with high rent return runs slowly in the area of real estate value-added, But it runs very steadily, and the value of the house can grow slowly in a stable environment over a long period of time without worrying about the need for investors to keep the property running at their own expense for a long time, leading to a break in the capital chain.
Third, in-depth thinking
Investment always requires reason, not "love and love".
In a chaotic environment, most of us have a follow-up mentality. Information is not clear, acting effectively and achieving goals is not as simple as you think, for example, buying a property or two around the area you are familiar with as an investment home is a veteran investor.
Investing in real estate is a technical activity. And technology comes from people with more industry-related knowledge than you know, and these people can give you some advice on key time that can provide you with effective information.
Of course, "think tank" is not enough, you also have the ability to think independently, thinking like the rich, like the sea has a big view of the situation. Instead of thinking of making a profit right away, you need to extend your satisfaction, develop your ability to withstand defeat, adjust it as soon as you find it, instead of being defeated, and never recover from it.
IV. Price and value
The market never looks at the face, ultimately determines the price only supply and demand, want to buy a high-quality house, you have to pay a relative matching price. The market is always measuring the relationship between price and value. After entering the market step by step, adjust the strategy immediately, stop buying and selling.
