One Rule to Know Before Buying Investment Property
Could it be possible that there is only one rule which you need to actually apply so as to make the correct decision when considering buying investment property? Well as far as I am concerned, there is only one rule and that is that you should invest in yourself first.
Now many people might not understand what I mean by this but it is actually very simple, how on earth can anybody make an informed investment decision if they have not taken the time to invest in themselves by learning how to make a truly informed decision which is not based on speculation or emotion.
As a Wealth Creator, I believe that in order to make the correct financial investment decisions, I first need to fully understand all of the options which are available to me concerning the investment decision so as to qualify the risk involved and the growth of my investment.
The moment we are able to base our decision as to whether buying investment property will be financially beneficial to us on facts rather than speculation and emotion, then we are making an informed decision which will most likely be a very effective vehicle to take us to financial freedom.
Unfortunately most people try to make these types of decisions without having effective systems and principles in place so as to supply the facts and they are also ignorant as to how one should make these decisions void of speculation and emotion.
The moment that we are able to remove speculation and emotion, we are able to start making decisions concerning buying investment property in the best possible way which is by reducing our risk and maximizing our investment growth.
In effect then, with all this considered the one rule we all need to know before buying investment property is a simple one, take the time and put in the effort to invest in yourself first so as to be able to make informed investment decisions.