Investment traits
- High-Risk Tolerance: Real estate is a high-risk industry. One should be financially and mentally prepared to gain or lose. Rash decisions should be avoided.
- Unbiased Judgment: Successful investment in real estate requires an open-minded assessment of market forecasts and trends. Objectivity is crucial.
- Long-term Mindset: Avoid investing money that you may need in the near future, or putting all your cash in properties.
157
589 reads
CURATED FROM
The Psychology Behind Real Estate Investing Risks: Do you have what it takes?
thinksaveretire.com
7 ideas
·4.13K reads
IDEAS CURATED BY
"Making money is art and working is art and good business is the best art." ~ Andy Warhol
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