In search of the perfect inside track property deal
One of the most damaging limitations that a beginner investor faces when building a property portfolio is the dreaded perfect deal.
As if trying to find the a property wasn’t enough the budding investor now has to find the perfect finance, the perfect solicitor, the perfect area, the perfect rent, the perfect growth prospects, the perfect builder, the perfect sales consultant, the perfect club, the perfect interest rate – everything has to be nothing short of PERFECT.
So how do they achieve this? In short, you simply don’t and despite everyone’s best intentions you won’t.
I have been in property one way or another for over 9 years l am yet to find the elusive perfect deal. I have however consistently made money from property and built a substantial portfolio of properties, despite every single property that is part of this portfolio being imperfect in some way.
So what’s the motto?
Be realistic but practical. Do your due diligence using the various guidelines I have suggested to buying, holding and selling property but don’t use these as a excuse for procrastination.
Click to read the rest of this article at my blog: In search of the perfect inside track property deal…
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