No Perfect Deal, Only Perfect Timing
We have previously discussed about the fact that the perfect deal does not exist and that we can fall into a state of procrastination if we try to find the perfect deal with each purchase.
The most important thing to remember is timing and the one thing that you will learn is that now is the right time. Now is the only point that you can take advantage of a deal.
Once you have assessed the current market and chosen the appropriate strategy you can then go about finding a property.
The moment you say that NOW is the wrong time to buy you are actually saying either, you don’t know what you are doing and therefore you need help or, you are saying you know how property works in a giving market but in this market right now you don’t know what to do and therefore need help.
Either way you require further education and assistance.
Every successful property investor that l know will tell you that the time to buy is always now. You will always find a reason of why now is not the best time to buy but those who succeed in property are the ones that overcome this procrastination and buy.
I am not however saying to jump at the first opportunity you see. This is why l have my 3 month rule. lf you haven’t purchased something within 3 months, you are procrastinating. Anything less than 3 months and you may not be doing your due dilighttp://www.yourpropertyclub.com/what-is-due-diligenceence.
So the 3 steps are:
- Check the market
- Check your strategy
- Invest to the market and strategy - NOW
So quite simply the perfect time to invest is - always NOW.
Live with passion,
Brett Wood