I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
How to calculate your return in an investment?
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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. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
This is the key question that made his face change. Last week. A mentee. Shocked by a very simple question. Look, I’ve seen through the years people living in a cage. Of self-imposed believes and limitations. You can blame your parents, your wife or husband, society, the lefties, Bad Bunny or Donald T. Whatever. These limitations, self-imposed, are holding you back. If you believe that it’s impossible to multiply by 10 your income… You’ll miss the opportunity of letting your brain being in...
Once I had a friend called Valentin. His parents gave him that name long time ago because he was born on 14 February. In Spain, there are still many people naming their children with the name of the saint of the day… or the day they were married, or things like that. Well… His parents could not foresee at the time the long term consequences of their choice. San Valentine was not at the time the word-wide phenomenon that it’s today. But still… there was some noise. Well… The thing is that...
You do your offer of services. Of course, as it couldn’t be otherwise, extremely expensive. And then… they rejected it. That’s fine. Part of life. Interesting challenge, but with the risk of becoming a frustrating job. Difficult stakeholders. I did not ask for it, but the gave me anyway. The reason for they decision was “interesting”. It was not price. Not the onerous payment conditions. Or the absurdly harsh terms and conditions. Nope. It was a… “We want to do it ourselves”. Then, you...