2009 posts

2007 posts...

  • The 2 rents in property... (10th Oct 2007)
  • Isn't it time you raised the rent?! (28th Jul 2007)
  • My strategy is best! Isn't it? (17th Jul 2007)
  • Why simple systems are so important! (15th Jul 2007)
  • The principle of mortgage cost averaging (28th Jun 2007)
  • Are you an 80% person? (1st Jun 2007)
  • 90% Emotion - 10% Property... (15th Apr 2007)
  • Remortgage and save up to £1950 per month (15th Mar 2007)
  • The best time to buy property is...? (24th Jan 2007)
  • 2006 posts...

  • Where does all your 'buy to let' postage go? (20th Nov 2006)
  • Which strategy is the best of all? (22nd Sep 2006)
  • The black, the white and the grey of purchasing property (20th Sep 2006)
  • How are you going to become rich? (3rd Aug 2006)
  • What are Service Charges and Ground Rent? (13th May 2006)
  • The 3 P's of the mortgage application (3rd May 2006)
  • How many properties before your portfolio will run off its own steam? (16th Mar 2006)
  • Brett's 3 + 1 strategy (8th Jan 2006)
  • What to do after 2 years cashflow is up? (4th Jan 2006)
  • 2005 posts...

  • What is inflation and how does it affect your portfolio? (20th Nov 2005)
  • The expected growth of your portfolio (30th Sep 2005)
  • Emotional development of your portfolio (21st Sep 2005)
  • Everything you need to know about "void" periods (14th Sep 2005)
  • The 2 greatest concepts in property! (19th Aug 2005)
  • The Property Sleep Test (7th Jun 2005)
  • 2 laws of buy to let purchasing (31st May 2005)
  • Property Cycles - Phase 4 - Galloping/Restructure (16th May 2005)
  • Property Cycles - Phase 3 - Galloping/Buy/Remortgage (15th May 2005)
  • Property Cycles - Phase 1 - Stagnate/Watch Cashflow (6th May 2005)
  • Managing your lettings agent (Part I) (13th Apr 2005)
  • Brett's 7-10 x 7-10 strategy (14th Mar 2005)
  • Brett's "set & forget property" strategy (10th Mar 2005)
  • Investing "cashflow as capital" strategy (31st Jan 2005)
  • Brett's "set & forget" philosophy (28th Jan 2005)
  • Brett's "full management" strategy (15th Jan 2005)
  • Brett's 1, 2 STOP Strategy (10th Jan 2005)
  • 2004 posts...

  • Everyperson House Rule (18th Sep 2004)
  • 90% Emotion - 10% Property...

    Hey Guys,

    One of the things I learned as I ran my personal development company in Australia was the importance of taking into account the emotional side of any change program. So it doesn't surprise me that the more clients I speak with, the more I realise that I am in the emotions business more than the property business. That's why I say the my business is 90% emotion / 10% property.

    Yes, we make money by selling property, but what we actually spend most of our time is the emotional side of the business. Whether you like it or not building a portfolio is an emotional change program and in most cases it's a massive emotional change program.

    All the YPC team are experienced in supporting you through the emotional aspects of building a portfolio because they are building their own portfolios and have experienced or are experiencing the same emotions. We have worked with hundreds of clients and dealt with thousands of questions all based around the emotional challenges of building a portfolio.

    One of the biggest reasons we go through such a massive change when building a portfolio is because we are never taught about financial intelligence at school. In fact, you won't even find a university that will teach you how to be financially secure yet it's something that we all struggle to deal with on a daily basis. Is it any wonder that this lack of education is why we have developed so many fears and limitations that supposedly keep us safe.

    Let's take a look at my understanding of fear:

    FEAR: False Education Appearing Real

    Yep, it's simply False Education Appearing Real. The trick to overcoming the fear is to replace it with good quality education based on strong and proven fundamentals. The thing about fear is that once you provide some good quality education and then take someone by the hand leading them one step in front of the other it doesn't take long before the fear is replaced with familiarity.

    The great thing about building a portfolio with YPC is that we help you phase things so you can quite easily learn a little and then do a little. That way, all your fears and emotions won't appear all at once.

    Live with passion,

    Brett Wood

    PS. January 2008 Update - I have just completed my new educational report called - Emotional Intelligence: 16 lessons on how to overcomethe emotional barriers faced while building your property portfolio... Contact your Property Consultant for a complimentary copy.

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