Having the right investor mindset is the first step in achieving success in property investing. Being able to separate the facts from the noise is an important aspect of knowing how to read the market. In this category of our Market Watch section, we share with you deep and meaningful insights into property investing and how the current market data affects your ability to make the right property investing decisions.
There are a lot of things going on during this Covid crisis. Its no secret that something fundamental is shifting and given the sleepiness of the masses, probably a good 98% of people out there are too busy to take notice of how everything is changing while the “new norm” becomes the everyday norm.
Needless to say that even a localised lockdown will cause severe economic disruption for multiple businesses, especially malls, given their propensity for being such an easy breeding ground for community transmission.
Price is simply a function of what someone is willing to pay for goods and services. It is subjective and hardly ever a good indicator of true value. True value is a function of strong fundamentals. In times of a crisis, it is very natural for decision making to be driven by price instead of fundamentals because of the amount of emotions involved in the midst of uncertainty.
New Zealand GDP reported last night came in at its worst in 29 years, down 1.6% in the first quarter. In the middle of this supposed recovery attempt, it is imperative for everyone to understand how to read the market during a crisis. Housing market data is notoriously slow in being reported and hence, the upcoming decline will have a long tail driven by delayed data and inaccurate reporting.
Most property education seminars talk about finding the right property at the right price, at the right time and in the right location. This is way easier said than done. And if you’re looking to make some quick cash from the market using Property Options, then you’ll be all to familiar with how hard it is to find the right suburbs where such deals could work.
Take a look at our video that shows you the answer we’ve come up with – the only such tool of its kind in Australia.
During the webinar, you will see live examples of how our strategies are used in real market conditions. The Webinar is 100% free and available for anyone to register. If you’re serious about achieving success in property investing, you cannot afford to miss this webinar.