https://www.rapidpropertyconnect.com/categories/mindset/ Recent content in mindset on RPC Hugo -- gohugo.io en-us Mon, 06 Sep 2021 09:00:06 +0000 https://www.rapidpropertyconnect.com/what-is-your-long-term-financial-goal/ Mon, 06 Sep 2021 09:00:06 +0000 https://www.rapidpropertyconnect.com/what-is-your-long-term-financial-goal/ Anyone who has ever set a goal for themselves knows how difficult it can be to achieve the goals they have set. Financial freedom is no exception. It may seem like the journey to achieving financial independence is a linear and short one, but in reality, it takes years of dedication and hard work. Thus, financial goal is set over a long term. Financial experts agree that a traditional retirement age of 50 is unrealistic for many nations. https://www.rapidpropertyconnect.com/how-to-be-a-good-investor/ Mon, 30 Aug 2021 09:00:32 +0000 https://www.rapidpropertyconnect.com/how-to-be-a-good-investor/ Earlier this month, I wrote an article How to Become a Property Investor. But that is written specifically for property investor. If you want to become sophisticated investor, you will need more than just the knowledge of investing in property. A good investor sees opportunities. And before that, a good investor is well prepared. How investors become rich and wealthy is when preparation meets opportunities. That’s success! Let’s dive right in. https://www.rapidpropertyconnect.com/how-to-become-a-property-investor/ Mon, 02 Aug 2021 09:00:29 +0000 https://www.rapidpropertyconnect.com/how-to-become-a-property-investor/ Investing in a property is a great way to generate an income and increase your wealth. Property investors, however, have to be careful of the type of property they invest in. This short article, I will share how to become a property investor. When looking for properties to buy you need to find the right type of property that will make you money. For example some properties offer good rental yield but are not desirable for tenants, while other types of properties may not offer great rental yields but are sought after by tenants. https://www.rapidpropertyconnect.com/alternative-investment/ Mon, 19 Apr 2021 10:00:21 +0000 https://www.rapidpropertyconnect.com/alternative-investment/ The answer is Yes. Property is an alternative investment. There are many types of investment out there. Alternative investments are those financial asset that does not fall into one of the conventional equity/income/cash categories. I looked up the phrase for alternative investments on the internet and found the closest definition is from Investopedia. Alternative investments is a financial asset that does not fall into one of the conventional investment categories. Conventional categories include stocks, bonds, and cash. https://www.rapidpropertyconnect.com/investment-in-knowledge/ Mon, 05 Apr 2021 10:00:01 +0000 https://www.rapidpropertyconnect.com/investment-in-knowledge/ An investment in knowledge pays the best interest a quote by - Benjamin Franklin. Ever since I started my company many years ago, as I was operating in property industry, people always asked me these questions: Should I invest now? What should I invest? Where should I invest? How to invest in property? Is it the right time to invest in property now? Should I buy this project? The above are the typical ‘WH’ questions being asked every time. https://www.rapidpropertyconnect.com/millennials-common-money-mistakes/ Thu, 24 Aug 2017 16:00:52 +0000 https://www.rapidpropertyconnect.com/millennials-common-money-mistakes/ Every generation seems to think the next generation isn’t doing it right. My children used to say my well-meaning “advice” based on my experiences, are no longer having any relevance in our fast-changing world. Over the past three decades the rate of change has been enormous due to rapid technological advances. Plus, society as a whole is also evolving with more people choosing to never marry or have children or to have children later. https://www.rapidpropertyconnect.com/ways-to-survive-in-market-slowdown/ Tue, 06 Jun 2017 10:05:40 +0000 https://www.rapidpropertyconnect.com/ways-to-survive-in-market-slowdown/ The real estate market has changed compared to what it was five years ago, but that mean we will be facing rough patches ahead — and likely a couple of years of slowdown. So how can you as an investor safeguard yourself against them? Ways to Protect Yourself Historically, real estate cycle rises and falls in an 18-year property cycle like clockwork according to Phil Anderson. Periods of recession appear and recede after approximately every 14 years of rise. https://www.rapidpropertyconnect.com/is-a-market-correction-imminent/ Mon, 22 May 2017 20:50:10 +0000 https://www.rapidpropertyconnect.com/is-a-market-correction-imminent/ It looks like the boom days have changed. In the recent Napic 4th< qtr 2016 report, the real estate data indicates that things may no longer rosy as some want us to believe. Napic report indicates that it will take a few years for the overhand to clear. While you may not be able to know crystals clear the future 100%, there are numerous ways we can analyze the past and make some educated assumptions as to the future of the real estate market. https://www.rapidpropertyconnect.com/how-to-profit-from-inflationary-environment/ Wed, 04 Jan 2017 00:01:26 +0000 https://www.rapidpropertyconnect.com/how-to-profit-from-inflationary-environment/ Inflation is defined as a sustained increase in the price of goods and services seems to be inevitable. Generally rising prices are bad news for consumers, as it takes an ever-increasing amount of money to purchase the same basket of goods and services year after year, inflation can be quite profitable for investors Inflation erodes the value of a nation’s currency. In an inflationary environment, a loaf of bread that one cost RM1. https://www.rapidpropertyconnect.com/property-investing-untold-stories/ Wed, 12 Oct 2016 00:01:54 +0000 https://www.rapidpropertyconnect.com/property-investing-untold-stories/ It is a good reminder to all investors not to think property investing is without risk. There is a dark side to this business that could cost you in a big way. Let’s get this straight. I believe everyone should have a go at property investing. But I feel compelled to write about the often glossed over downside to investing in property. Over the many years in the real estate industry, I’ve come across so many instances where investors got burned in so many different ways. https://www.rapidpropertyconnect.com/is-malaysia-property-market-correction-imminent-here-is-why-you-have-to-prepare-now/ Thu, 18 Aug 2016 15:35:54 +0000 https://www.rapidpropertyconnect.com/is-malaysia-property-market-correction-imminent-here-is-why-you-have-to-prepare-now/ Based on the 2nd half 2016 property report, it can be seen that the 18-year property cycle is in tandem with current market trend. The latest real estate data indicates that things may no longer be as rosy as some want us to believe. The boom times are changing. I do worry for those who don’t see it coming — but there are still ways to invest sustainably and profitably. https://www.rapidpropertyconnect.com/how-to-build-a-profitable-property-portfolio/ Sat, 09 Apr 2016 00:05:59 +0000 https://www.rapidpropertyconnect.com/how-to-build-a-profitable-property-portfolio/ As more and more of us look for better ways to secure our financial future other than investing into stocks, forex and shares or even relying on our retirement funds, interest in purchasing property as an investment asset is increasing. Property Investment is a long term game plans where if carefully invested will bring us massive of returns. Here are some tips that seasoned property investors used in building their property portfolio: https://www.rapidpropertyconnect.com/successful-real-estate-investor-tips/ Tue, 29 Mar 2016 00:03:38 +0000 https://www.rapidpropertyconnect.com/successful-real-estate-investor-tips/ Becoming a successful real estate investor requires being able to find good real estate investment deals and put them together. Your job is not to become a closing attorney, a management expert, or a repair person. Use professionals! You must learn how to appraise and find the true value of real estate, this information will help you make better investment decisions. Realtors, appraisers, and banks determine what a property is worth by looking at comparable sales (usually three to five sales of similar property that has recently sold in the same neighbourhood). https://www.rapidpropertyconnect.com/6-tips-to-make-you-a-better-negotiator/ Wed, 30 Dec 2015 01:00:14 +0000 https://www.rapidpropertyconnect.com/6-tips-to-make-you-a-better-negotiator/ Negotiation skills are an important part of real estate. A negotiation shouldn’t be about winning or losing but is more towards creating a win-win situation where both parties ended up satisfied with the agreement. Here are 6 tips to make you a better negotiator: 1. Preparation, Preparation, Preparation There is nothing that will get you further than being well prepared, yet is often the part of the process we spend least time on due to various reasons like “too busy”, “we know all the facts already” etc. https://www.rapidpropertyconnect.com/the-strategies-for-investment-survival/ Wed, 25 Nov 2015 01:00:58 +0000 https://www.rapidpropertyconnect.com/the-strategies-for-investment-survival/ The ideal investment is one way for investors to fight the fight or maybe even opt-out of the fight and leave the arena if things do not look favourable. Another way is to use market-timing strategies to shift capital quickly into rising trends and out of falling trends which is the essence of successful investing. Would a general go into war without the best strategies and weapons to win the fight? https://www.rapidpropertyconnect.com/myths-about-property-investment/ Sun, 14 Dec 2014 22:02:25 +0000 https://www.rapidpropertyconnect.com/myths-about-property-investment/ Myths is defined as a widespread but untrue or erroneous story or belief; a widely held misconception; a misrepresentation of the truth. Also: something existing only in myth; a fictitious or imaginary person or thing. We often hear remarks like “Mr. X becomes very rich because he invested in property. He is very lucky to make huge profits from his investment” Majority of the people believe that lucks play a major part whilst other due to analysis paralysis believed that it entails high risks or the timing is not right to invest.