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The bubble and the Fed and the interest and the...
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There is a bubble. Now it’s not the time. When prices go down. When the economy goes better. When I get the pay raise. When I get the bonus. When the government changes. When the law changes. The numbers don’t add up now. When I save a bit more. When interest rates go down. After the next announcement of the FED, the European Central Bank and the chorus of the church of my neighbour. When there are more legal guarantees. When inflation goes up. When they start protecting property owners. When… All these phrases are arguments people use to avoid big investments… especially in real estate. You know those sentences… I’m sure. I used them all in the past too. But let me tell you something… They are just excuses. Mental gymnastics you perform to feel good even though you know you are acting wrongly. Look. I repeat it once more: The perfect time doesn’t exist. While you make excuses, there are hundreds of investors in the market doing deals non-stop, getting closer every day to the only true freedom: Financial freedom. You’ve heard me saying this before. In real estate investing, we have all been “novatos” at some point. And we have been paralyzed when it came to taking the plunge. We have passed on opportunities that we knew were not bad, waiting for better ones that never came. That’s how it is. Going through this phase is mandatory. But it’s okay. The important thing is to move forward and not stay there. Understand that the ideal deal only exists in your head and that the reality of the market is what it is. And that even though it’s not perfect, it’s better than staying still. Infinitely better than living with excuses. If you want to jump and you need a push… you can start looking at these courses or booking a call with me. ​Even you can make money on Real Estate – $14.90​ ​Is this piece of Real Estate a Good Investment – $29.90. ​Cracking Real Estate Flipping ​The 33 most frequent questions in Real Estate Flipping ​Investing better than 99% of people ​High Returns – The 7 Best Real Estate Strategies – $29.90 - ​The Real Estate Investing Incubator – $99.90/month​ ​The Property Investing Plan – $2.490​ ​A consultancy / Couching session with me - $395​ 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 👇
Someone lied to me yesterday. And not even a good lie. A lazy one. A client texts me on WhatsApp: “Aqualia came. They say we need to build an additional drainage point to install the final water meters. We have 10 days.” 10 days. That was the giveaway. Let me translate this for you. Aqualia. The most incompetent utility provider in Spain after Endesa (about those guys, I can talk another day). The same Aqualia that took 7 months to even show up. Now suddenly… they give us 10 days? Come on....
In 27 minutes on the phone, I domesticated the beast. “How did you do it?” my project manager asked. Using his ego. Context. Contractor. Spain. Penthouse. Water coming from the ceiling. “Go fix it. It’s under warranty.” “No. Warranty expired. When I left, there was no leak.” I’ve seen worse. And more creative lies. This one was just… lazy. Less than a year since notification. In Spain, that’s a 3-year warranty. But fine. Let’s play. In judo, you don’t fight strength. You use it. Same here....
PPP is political. Innovation is often bullshit. Preferred bidder is where power shifts. Claims are part of the game. Long hours don’t mean value. Most people don’t understand the deal they’re working on. Risk allocation is everything. Relationships beat intelligence. Timing beats perfection. The best players think about the exit… from day one. If this makes you uncomfortable… good. That’s reality. Most people in this industry are busy.Very few are effective. And the gap between the two?...