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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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I have a few face-to-face mentees and they have 3 types of problems: You say you became an entrepreneur to be free… but you work more hours than ever.You say you want to help… but you can barely help yourself.You say you’re chasing freedom… but you’ve built your own cage. I’m sure it also sounds familiar to you.And I also know it’s not your fault. It’s the fault of all the bullsh*t promises they sold you:That entrepreneurship would make you free.That you just need more followers.That what...
Helping a transport agency last week, I reviewed the number of people that they would need to manage a project. Coming from the private sector… Coming from PPP projects where every dollar optimized and saved is a dollar for the investors… You can imagine what my feedback was. But there is also a fundamental reason. And it’s not just based on my personal experience, but science. Too many people and you achieve less. It’s like putting 20 painters to paint a room. It won’t end well… They’ll be...
This last week Panama had many holidays. It the Patriots Week or Fiestas de la Patria… let me have some flexibility with the translation. Everything is closed. Everyone is “taken a rest”. But as I often say… growth (in money and personal growth) comes in your free time. While others go to the beach. I optimize my marketing campaigns and answer quickly during the moments that people spend more time on their phones. No judgement here. It’s what it is. We have a few houses to sell there, and...