Yakov, Teri, Manny, Yuan, Nina, Meital, Eyal and Cody, these are the names of just some of my clients who recently bought properties with us and started their journey investing in real estate.
These people have decided to take the initiative and take advantage of the opportunities in the market regardless of the current economical situation. On the contrary, they understand that in every problem lies an opportunity.
These investors are aware of what Warren Buffet has said many years ago when the sub prime crisis has occurred “Be fearful when others are greedy, be greedy when others are fearful”.
Or in other words- sell when everybody is buying, and buy when every body is selling.
Luckily not all people are thinking the same, whether in normal days or abnormal days like these days…In order to be successful you have to think and act differently, you can’t do what other people are doing, you have to think out of the box and be creative.
If you choose to wait and see how the market will react to the recent events, if you want to wait until after the elections, that’s your choice but you might be regretting you didn’t act on time...
The Pareto Principle, named after esteemed economist Vilfredo Pareto, specifies that 80% of consequences come from 20% of the causes, asserting an unequal relationship between inputs and outputs.
Now the ball is in your hands, which direction are you going to take?