Real Estate Investor Magazine South Africa December/ January 2018/2019 | Page 25

FINDING
What drives you as a
Property Investor?
BY PROPERTY ASSIST
In most cases the wise gentleman was indeed correct with
his analogy. Our experience in dealing with many property
investors proves this, as we clearly experienced the pendulum
swings from the initial excitement of helping others, whilst
earning predetermined returns with property as security (the
GREED part) to questioning how the facts presented can be
true and what happens when things do not go according to
plan (the FEAR part)
The change is driven by fear of the unknown, irrespective
of the merits of the opportunity, especially when investors are
informed of any potential challenge during the investment
period. Investors are then willing to only accept their capital
investment back, and upon the situation changing again,
demands that penalties be charged to the property owner.
How can you avoid these emotional swings
during the investment process?
Have detailed goals and purposes for your property
investment.
Why do you want to invest in property? The sole focus should
not only be the return on investment. The purpose and goal
should be much broader. Also be conservative with expected
investment returns.
Avoid extravagant expectations and obtain input from
specialists to assist you.
Budget and stick to the plan.
Set up a budget and avoid any deviation, whilst taking current
property trends into consideration. Revisit the plan to ensure
that you keep the course.
The biggest fear for new property investors is the fear to start
investing. When you have done your research and made your
carefully considered decision, do not procrastinate or become
overeager to act. Contact and get input from people who have
experience in property investment with a good tract record.
Edwin Griffiths said: ”if you risk playing the game you risk
losing the game”.
No investment is without risk – make sure that you take a
calculated risk.
Enjoy your investment journey and do not allow fear or
greed to enter your mind as it will only leave you with less
returns a sour taste in your mouth irrespective of the outcome
achieved. View our investment opportunities.
Determined the timeline to
reach the goal.
Be realistic with your timeline
and avoid putting pressure on
yourself and allow fear to creep
in.
Have a strategy how to
achieve that goal.
Continually research, plan
and establish the investment
products
and
property
investment vehicle you prefer
to use to achieve that goal.
Use actual statistics and facts
as benchmarks.
SA Real Estate Investor Magazine DECEMBER 2018/JANUARY 2019
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