Real Estate Investor Magazine South Africa October 2013 | Page 10

MASTER INVESTOR BY NEALE PETERSEN SUCCESS TIPS FOR INVESTING & BUSINESS 1 There is no real difference between large and small real estate deals, other than the amount of zeros. 2 Deal with honourable people and be honourable in your business dealings. 3 Relationships are important in real estate and business. Years ago you could make a deal just by shaking somebody’s hand. Somehow this got lost in the modern age and legal documents dictate the relationship. 4 With any deal, do your own investigations first. 5 Don’t be swayed by what other people say, recognise that they are looking at an issue from their viewpoint. 6 Use the advantage of accessing vast amounts of information online. 7 Don’t generalise about a property market based on problems or success in one area. Get down to the specifics, understand the statistics and news, and decide what is pertinent to the particular transaction. Lessons From Donald Trump’s Right-Hand Man Billionaire lessons for property investment 8 October 2013 SA Real Estate Investor www.reimag.co.za