The Psychology of Real Estate Investing
The Psychology of Real Estate Investing: Smart Rental Property Investing and Behavioral Finance; Investor Mindset and Emotional Intelligence to Maximize Profits and Defeat Cognitive Biases by Mika Michael
English | December 6, 2023 | ISBN: N/A | ASIN: B0CPPVX2MQ | PDF | 2.05 Mb
English | December 6, 2023 | ISBN: N/A | ASIN: B0CPPVX2MQ | PDF | 2.05 Mb
People make often mistakes – even when investing, and this leads to inefficiencies and regrets in the market.
Based on studies on behavioral finance, Success in Investments is a Whopping 80% Psychology!
A common oversight among lots of potential investors out there is underestimating the psychology of rental property investments in their portfolios.
Psychological factors, such as biases, emotions, and heuristics, play a considerable role in investment decisions. They can lead to even the best of investors from rational, profit-maximizing experiences to the very bottom of the market if they are not treated with caution.
The Psychology of Real Estate Investing is the product of deep research into the mental and emotional aspects of success and mastery in property investment.
Here's what you'll learn:
- The Imperfect Real Estate Market: Understand how market asymmetry and fluid pricing influence investment opportunities and challenges.
- Risk Perception and Appetite in Real Estate: Learn how individual risk tolerance shapes investment decisions and strategies in the real estate sector.
- Sunk Costs and Disposition Effects: Explore the impact of irrecoverable investments on future real estate decision-making processes.
- Cognitive Dissonance in Real Estate Investments: Gain insight into how conflicting beliefs and information can affect real estate investment choices.
- From FOMO to FOOP: Understand the transition from the fear of missing out to the fear of overpaying and its impact on real estate investing.
- Managing Emotions for Effective Investment Decisions: Learn techniques for balancing emotional responses with rational analysis in investment choices.
- The Psychological Traits of Successful Real Estate Investors: Discover the key mental traits and habits that contribute to the success of top real estate investors.
- The Unpredictability and Risks of the Real Estate Market: Understand the various financial, legal, and environmental risks inherent in the real estate market.
- Practical Strategies for Beginning Real Estate Investors: Learn foundational strategies for newcomers, from buy-and-hold to flipping houses.
- The Journey from Novice to Savvy Investor: Follow the path of evolving from a beginner to a knowledgeable investor through the application of psychological principles in real estate.