Like Good Food, Building A Good Real Estate Portfolio Takes Time Too


And when that meal is finally ready for consumption by all and sundry around the dining room table it is advised that you all tuck in and take your time over it, savoring every fine morsel that you sink your teeth into. Polite conversation with a sip of the good wine also helps with proper digestion. Now, sink your teeth into how to build your real estate portfolio. And do this too. Put away the calendar for now.

If you are going to be a smart and savvy investor in a real estate portfolio, you will not be needing a calendar. If you are going learn properly how to start up a good property portfolio, you will quickly learn that there will not be any hard and fast rules to show you how to make a lot of money in a short space of time. Put away the calendar, and do not even worry about making projections at this early stage.

Think for the long term. That is about the best advice you are going to be receiving from the world’s most famous investors. You must just remember that many of them have been in the game for a lot longer than your annual saving account interest rate could gather. They waited patiently for a few years before the phenomenon that is compound interest set into their portfolio. They placed themselves in such a good position that they could easily ride out the storms.

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And that is another thing. Do expect a few shocks and surprises along the way. Be resilient and patient and never subscribe to the proverbial herb mentality where once one presses the panic button they all run for the hills.