3 most efficient sources of information to help you stay up to date on the property market

 

We hear news every day on property and real estate. There is a property section in pretty much every newspaper. Then there is all these podcasts, youtube channels, etc…

 

It almost seems like there is TOO MUCH information out there!

But somehow we still can’t find the answer to our questions.

And we can spend hours and hours ‘learning’ from these random sources, and end up getting drowned by the sea of information.

 

When I first started, I was overwhelmed by all these information that seemed to be available everywhere. But I didn't know what to believe in and what sources to trust. If you are new, it’s hard to be able to tell the good sources from the bad. I read everything I could.

 

Now 7 years later being much more experienced in property, I hardly read any news on property, or follow many channels. I found that consuming random information takes time and brain power. And I don’t have enough of them.

 

I found that the following 3 sources are my most efficient and reliable sources of information that helps me stay up to date in the property market.

-          Your direct power team

Your mortgage broker, your accountant, your letting agent, your builder, your estate agent etc. These are the people that you work with and people that are in the movement every day. What they know is first hand information much more accurate than the news.

-          Reputable industry events

Attending events and networking can be a great source. However it really depends on the quality of the event you go to. Out of the ones I have attended, I found that the PIN (property investors network) meetings are of great value. I used to go to the ones in Canary Wharf and Blackfriars regularly but now with the pandemic, everything is going virtual. If you are based in the UK, definitely check out your local meeting.

-          Reputable industry publications

Just like a banker would read Financial Times, there is a MUST-HAVE magazine that almost all property investors are reading. It’s called YPN (Your Property Network), specifically designed for investors. It contains industry updates, dive into the latest strategies, many case-studies, and useful contacts. I believe you can try the first copy for free.

 

I genuinely hope that the mistakes I made and the different experiences I had would save you time and help you achieve your goal much faster!

Emma

*I can help you build an extra £2000/month income through property – CLICK HERE to book a free strategy session with me.

4 Ways To Structure Your Property Business | UK Property Investing for b...

Housing market crash in 2021?

 

There is a lot of debate on whether there will be a housing market crash in 2021.

Being a property investor myself, I am very interested in knowing the answer.

However, does that affect my investing decision? Not really.

 

You may wonder – shouldn’t we buy at the bottom of the market?

Yes, ideally. But do you know when EXACTLY the market will hit the bottom? Will the deal you have DEFINITELY go through at that time? Are you just buying ONE deal?

 

The truth is, the property market in most developed countries are definitely NOT buoyant. I live in London, and the London market has been generally stagnant or even on a downward slope in the last couple of years. Will there be further price drops? Probably. But no one is 100% certain just like it was hard to predict Brexit and Coronavirus. And we certainly can’t predict how much property prices will drop when it does.

 

I have been investing in property for 7 years, and have gone through the property offer negotiation process almost 100 times – what I discovered is that you as a buyer get a lot more negotiating power in a downward or ‘bad’ market. The longer the seller has to wait, the less price he/she can get. And that is what makes a difference. Even if the market is not at its bottom, I am more likely to find great discounts.

Also if my properties are cash flowing nicely, I wouldn’t need to worry if the property prices drop another 5-10% after I have bought. I may not have bought at the BEST time, but I certainly didn’t miss out on a great yielding deal by waiting too long. In the long run, property prices will recover and what I care about is getting cash flow every single month.

 

There has been a temporary surge in price since the UK government introduced ‘no stamp duty’ to help fighting the pandemic. (Surprisingly – as the new asking prices have factored this in and there are a lot more people trying to buy during this window.) But when that ends by March 2021, things will start to cool off and we enter another great period of time to buy properties. And this works both in and outside London. If you are outside the UK, you might already be on a downward market – so act now!

Keep an eye on the market and don’t miss out on this great opportunity to build up your property empire.

 

To your success,

Emma

 

I can help you build a passive income stream through property in 6 months – CLICK HERE to book a free strategy session with me.

Only A Moron Starts A Business On A Loan

What If 2020 Gets Worse?

 I think many folks are pining for 2018.

They'd love to wind back the clock a bit to when everything was 'normal'.

(Read: familiar.)

If that's you, I don't blame you. I just hope you weren't the typical Twitter user of the time, blurting out stuff like:

"OMG 2018 is the WORST. I want it to JUST END already. Three ageing celebrities have died, waaa!"

Those deaths were tragedies, but they weren't disasters. I called it out for what it was: self-indulgent and dangerous whingeing.

And now, here we are.

2020 has brought us record bushfires, a disease with a rapidly rising death count, financial collapse, mental health eroding lockdowns, and riots.

We're only halfway through.

And I suspect there's worse to come.

But don't blame 2020 for it. Whether 2021 is any better depends, in large measure, on your resilience. If, a few years ago, you dramatised a little sadness around celebrities dying into the worst thing ever...

Well, that was a mistake.

I'm not telling you to ignore or suppress your emotions. If a childhood hero dies, by all means feel sad. Get angry when someone disrespects your rights.

But it's selfish to exaggerate, indulge and overshare your feelings.

Moping for likes and shares - instead of processing the emotions - made you less resilient. So when real problems reared their heads, you were less able to cope with them. That hurt everyone who relies on you in any way.

Like I say, it was a mistake.

And what do we do with mistakes?

We dust our hands, learn what we can and move on.

If you can't move on?

If you're struggling right now, feeling burned out or just that this has taken a lot out of you, it's tempting to point your finger outwards. The world is on fire right now, so of course you're not at 100%.

But just because you're in pain, that doesn't mean you should suffer.

Some folks crack under pressure. Others find their true strength. The difference isn't in who they are but how they respond to challenges.

Chances are, you have an outdated and harmful response to challenges. That's not your fault - who among us was taught how to thrive while our worlds crumble?

But now you're aware of it, you have the responsibility to let go and embrace something better.

I've made part of your unconscious conscious. If you keep running the old, bad patterns, that's now your choice.

So choose the path that makes you stronger. We all need your strength right now - more than ever.

So that's one way to enhance your life.

But if self-improvement really interests you, what would you do with more techniques than you can use?

Like, say, 60 of them?

Get your hands on Three-Score Navike - the comprehensive and easy way to grow and evolve - right here:

https://guided-thought.com/navike/

Article Source: https://EzineArticles.com/expert/William_T_Batten/2522089

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6 Tips For Success As A Trader

 If you are new to options trading, you are on the right page. In this article, we are going to share with you 6 tips that will help you be successful as a trader. With these tips on your mind, you can avoid common mistakes and follow the right strategies in order to get closer to your success. Without further ado, let's check out those simple tips.

1. Don't invest too much

If you want to be successful as a trader, you don't want to put all your money at risk. One day you will retire and you will need plenty of money to lead a good life. Therefore, you may want to invest your money conservatively.

Although you can use the money you have saved for a day trade from time to time, always try to be on the safe side. In other words, you should not spend the money that you cannot afford to lose.

2. Be patient

Another sign of a successful trader is that they don't trade on a daily basis. So, what you need to do is grab the opportunities that can meet your criteria. it is not a good idea to grab every opportunity that you can find. You don't want to go against your own judgment just because there is an opportunity available. You must have a solid plan in place and always be patient.

3. Be disciplined

You must have a solid trading plan in place, and you should do nothing against it. If you are trading yourself, you don't want to adopt impulsive behavior. You don't want to be greedy as it can cost you a lot of money. If you think you can get rich in a single day, you are making a grave mistake. You must always be disciplined.

4. Don't be afraid to grab an opportunity

Often, new traders tend to be overwhelmed in the beginning. They are too afraid to grab the opportunities that show up in their way. But you don't need to worry as long as you are disciplined and have a solid plan to follow. So, you don't need to be afraid of pushing the button. If you are patient and disciplined, you will surely achieve the success you desire.

5. Don't take a lot of risk

As I said earlier, it's not a good idea to invest too much capital in a single trade. This will not only put you at greater risk, but it will also cause you to miss out on a lot of opportunities down the road. Therefore, you should only spend 10% of the amount of money you have set aside for trading. This will help you be on the safe side.

6. Learn from Experience

Traders suffer from losses on a daily basis due to their grave mistakes. So, what you need to do is learn from others, and follow a rule-based strategy. Apart from this, you should always try to be yourself and never try to cross the line.

Long story short, if you want to be successful as an options trader, we suggest that you follow these steps. This will help you be on the safe side and avoid the common mistakes that can make you suffer a loss during this journey.

If you are looking for the best options trading system, we suggest that give a go to OptionsGeek today. They offer great services.

Article Source: https://EzineArticles.com/expert/Shalini_M/2609777

Article Source: http://EzineArticles.com/10339045