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Mental Perspective Matters | International Residential Real Estate Investors Association
Wednesday November 22nd 2017

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Mental Perspective Matters

I was at Dan DeRosa presentation on real estate investing this past weekend.  One of his common themes was the importance of your mental position developing investments, closing deals, completing successful exits.  Dan probably stated 4 or 5 times that investors can “smell” fear.  Perhaps not as often, but just as important he underscored ensuring your head is in the right place and that having a clear mind is critical to good investment development and decisions.  I believe he is absolutely correct.

Seeking stability and strength explains why we tend to gravitate toward investor leads / principals with solid family lives, appear affluent, etc.  The strong personal financial statement demonstrates strength.  As investors, this propensity is well founded.  As principals preparing this type of background stands out.

The clear mind deserves attention as well.  This implies a principal that appropriately manages the load in their life.  Too many distractions and too many demands drag down projects as surely as weak personal financials.  Developing core principals controlling these factors protect investments, support success, and maximize returns.  Seek evidence that the investor lead protects the mental resources needed to protect your investment.  If you are an investor lead, apply this consideration to your own work.

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One Response to “Mental Perspective Matters”

  1. aubenhomes says:

    Real Estate News Mental Perspective Matters | International Residential Real Estate …: “The IRREIA – Making resi… http://bit.ly/b26PmT

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