Quite a few of us have grown up with the thought that real estate investments are reserved for the wealthy alone – only for people who have several million stacked away on the side and only for people who come from the business world. We have been taught that if there is a significant liquid amount available, it is advisable to invest it in a safe and moderate channel in a bank, and that anything other than that entails an unnecessary risk. What else? Not only have we been taught that money does not grow on trees, but if you aim for a high return, you need to significantly increase the risk value of your investment. However, with all due respect to education, the adult person needs to know how to ask some questions by himself. At this point, you are invited to stop for a couple of minutes to understand how much psychology plays a significant role in the investors’ world.
Do not allow apprehensions and prejudices to dictate financial conduct
We would like to present an important point here. Affluent people do not necessarily have excess funds that they are willing to risk; affluent people usually relate to real estate investment in a realistic and informed way, and they are people who do not allow apprehensions and prejudices to dictate their financial conduct. What, then, is the psychology that stands behind a wise investment, and how does psychology prevent many people from making a profit? We set out to investigate!
Aim at efficient thinking
We have no intention of going into deep psychology, although there is room for this too, We merely come to clarify the fact that everything we do comes from a line of thought that lies below the surface. Hence, our thoughts can fixate and at the same time uplift. Therefore, if you think that you too have a chance to grow through the real estate market, let your thoughts flow free and the energy it creates flourish. Don’t let people who fell financially due to a failed deal, or people who are afraid to enter the real estate world, take the wind out of your sails.
At the same time, this does not mean that you should follow these thoughts with blind faith, but from this point, the line of reason must be applied. It is necessary to conduct tests, raise questions and seek the investment that is most appropriate to you personally. The idea is not to shy away, but at the same time exercise discretion.
The place of fear in the real estate realm
Fear stimulates quite a few of our actions, but at the same time, constrains quite a few actions. People thinking about real estate investment, often, instead of looking at the big opportunity that has come their way, focus on the likelihood of losing a significant amount of money. People think about investing in real estate, but at the same time understand that if they hope to succeed, they must study the field well, and this means that they have to devote considerable time, learn terms foreign to them, spend money on courses and the like.
All this most certainly sounds intimidating, but it is important to remember that there is always an alternative. In this case it is the possibility to team up with a real estate company that can be trusted, or, alternatively, you can decide that every month you invest in an evening an hour of study, so that you gradually become well versed in the world of real estate, which is also possible through online classes. The point is that there is no shortage of options; therefore, it is important to understand that in this case, fear is not protecting you, but is an inhibitory factor. On many occasions, fear causes you to be stuck in one place, thus preventing you from achieving anything, both in the field of real estate as well as in any other field.
A patriarchal world
Another erroneous assumption is that the world of real estate is exclusively a man’s world. True, men have significant representation in the real estate realm, but there is no logical reason for this, and it is more logical to expect that exactly the opposite would be the case. The field of real estate allows for a
lot of freedom of action in terms of investment and work hours. Thus, a woman wishing to combine livelihood with raising children can find that the real estate world gives her adequate breathing space, and at the same time constitutes a lucrative source of income.
By means of an informed real estate investment, it is possible to achieve a handsome return passively, leaving plenty of time available for complementary arrangements. It should also be noted that women are considered more cautious, and are not afraid to ask more incisive questions, which means that women may actually turn out to be wiser investors. In light of this, women also should understand that this is a lucrative, accessible, safe and open field for all. Thus, if they just stop to ask the right questions and act from a calculated and non-emotional position, they could certainly do well in the field.
Putting fear in the right place
In conclusion, most people are apprehensive of real estate transactions, but it should be understood that this concern is a healthy concern, and that, on the bottom line, it should actually lead to a better deal. The facts on the ground are that real estate is an economic sphere, so even if it is a less-known area (or in other words, a more aversive area), there is room for fear, but at the same time, this must be combined with a rationale. You can learn the field and you can also utilize the help of professionals. The point is to avoid prejudice and not act out of fear.
The best of luck!
