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That is the question I always get. But that’s wrong. You should start by what’s the return that you need to get from an investment to make it worthy. That’s the real thing. Is it 5%, 10% or 15%? Would it be the same if the interest rates are 3%, 5% or 8%? You can get the answer in the course below ​Investing better than 99% of people But for now… let’s go back to the question. It’s such a recurring question that you’ll even find dozens of articles, posts, or videos on YouTube trying to answer it. People are afraid. Afraid of not finding hidden defects in a property before buying it. And I’m not talking about structural defects… or at least, not just… Imagine arriving on the first day to see what you've bought, now being yours, and realizing that the electricity was worse than you expected. Or that you can hear the neighbor too much when they flush the toilet. Or that you have a very nice neighbor that love the fiestas until late… from Tuesday to Sunday. You can be quite jodido is this happens. The same happens when, after calculating the profitability of a property, what you had on paper turns out to be just a mirage. Going from calculations to reality is very complicated, and gurus on the internet sell it as a simple formality. What was supposed to be an 8% net, ends up being an 8% gross… And then you realize that the 2 weeks to find a tenant become 2 months. And the insurance grows over inflation, as well as the condo fees or municipal taxes… In the course below, I provide my personal Excel File to review all these scenarios. It includes taxes, inflation rates for key elements, appreciation, cash flows, mortgage, interest rates, upgrades… It’s my personal tool that gives me the go or no go in 5 minutes. But here is the interesting thing… Good opportunities need to be created, not just detected. And that… and not the magic Excel File is what you should be considering. ​Is this piece of Real Estate a Good Investment – $29.90. PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit theantagonist.co PD 3: If you want unsubscribe, click the link below. |
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If you thought that nothing could be worse than yesterday example, let me tell you something. Again, the UK. NMC Health was a FTSE 100 company. It operated hundreds of healthcare facilities across the Middle East. It was worth billions. And every year, EY audited its accounts. Seven years. Seven unqualified audit opinions. Around ÂŁ14 million in audit fees. Everything appeared fine. Until 17 December 2019. That day, a small research firm called Muddy Waters published a report. It questioned...
I love the UK’s market… it has shown us so many things… Let’s take for example the UK Post Office. Early 2010s. The guys had a problem. Its Horizon accounting system said money was disappearing. Yeah… just like that… And you still wonder about Brexit… Anyway… the Post Office blamed the usual suspects… the people operating it. Hundreds were prosecuted. Some went to prison. Lives were destroyed. And for years, the official position remained essentially the same: The system works. Ole, with 2...
I always say that politicians cost taxpayers billions. And not because of their salaries, the salaries of their friends and advisers, or the favours repaid while they are in office—or afterwards. No. Because of their incompetence and lack of common sense. For example… Never announce the marriage while you are still negotiating the prenup. This is common sense. Still, politicians with billions in their hands throw common sense in the bin. We even have well-documented cases. With papers… And...