11 tips for investors.
May they serve you well.
—
- Plan and execute. Set goals and work unceasingly towards them.
- There’s always a way–set out to find it.
- Be completely honest and ethical in absolutely everything you do.
- Surround yourself with a fantastic team of professionals and great mentors.
- Master your money and your mind – both are vital.
- Data is your most valuable tool. Monitor it, understand it, devour it and act on it.
- In every decision, think “value” not “cost”.
- Gladly pay for professional advice, help and assistance. Think “return on investment”.
- Leverage and compounding are powerful individually; phenomenally so when combined.
- Treat your tenants with the utmost respect.
- Strive to continually increase your knowledge and improve your skills–read voraciously, ask lots of questions
I first shared these tips with Australian Property Investor Magazine (November 2014 issue).
– Steven Ryan