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My vision of the property world. My own humble opinion.

  • Writer: Prise Solutions
    Prise Solutions
  • May 20, 2019
  • 3 min read

For many years I saw other people in the property game and though to myself “I wish I could do that, I would love to be have my own properties”. After working restlessly hard I managed to find the self-discipline necessary to get my finances in order and start saving in order to get my foot on the property Ladder, then I started coming across so many challenges that it got my head spinning around as I jumped into it too quickly.

I was lacking the necessary preparation in terms of know-how and having a local power team of people that I could reply on to get the job done, since I hadn’t done any training at the time and underestimated the importance of doing thorough due diligence in order to understand the area, the market, the procedures when things go wrong and who could I go to in order to make sure it all goes well. I’m taking about the fact that sometimes we are victims of our own success and we root for everything to work out, but when it does, unless we are 100% ready for that next stage of our growth, we might find ourselves in a deeper hole than before.

What I’m trying to say is due to the fact that I was so eager to get started I acted like a complete newbie and spontaneously and casually went to properties that were not good investments.

I was where I wanted to be – I was in the property game! – but at what cost?

The stress that brought me sleepless nights of anxiety, the moments I felt on the verge of having a panic attack, the anxiety that was created by the pure pressure of failing and the fear things wouldn’t fall into place and I would lose all the funds I worked sooooooooooo hard to invest.

Careful what you wish because you just might get it right?

I only realised that I needed to have proper training from professionals and invest on courses from experts in the field after I got myself in turbulent rides, I wish I realised the importance of that before I got in it…

What’s the point of finding yourself a voucher for a free meal in your wallet after you have already got your food and paid the bill at a restaurant? The truth is I wish I had of sought out help from trainers, coaches, mentors, keynote speakers and seasoned property investors before signing my 1st contract.

Now my approach is completely different, since I came to the realization that the more knowledge I have the more power I have, the more information I obtain, the more access to higher levels I can gain. I read and listen to books, I attend masterclasses/ seminars/ conventions/ exhibitions, I go to network events as much as I can (local or not I make an effort and travel deliberately for this), I’m all over webinars and podcasts and I also have a mentor who provides me 1 to 1 support on a regular basis.

Some people don’t see the value of someone like me who is now a full time professional property investor to go out of their way to do all the above. Nevertheless the I reckon that in order to provide a better service when offering consultancy, sourcing and coaching I must keep absorbing all I can.

K KEEP

E EDUCATING

Y YOURSELF


 
 
 

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