Can you afford to not have a Property Coach?

March 13, 2014

Tips & Ideas

The first consideration in weighing up the cost of adding coaches to our life is cost, and whether we can afford them.  It is only after that hurdle is jumped do we  look at other considerations before making the final decision to include or exclude them.   I wonder if this is the correct starting point – maybe the first question should be ‘can I afford to not include a property coach?’

New Zealanders are slowly acknowledging that often more can be achieved when it done by someone else on our behalf  similarly property investors are now happy to engage  property management services.   This is a big leap forward and the next step is for property investors to look at engaging a property mentor or coach.

Of course most of us can manage small portfolios of under five properties but if we want to step up our investing to include more properties and also look at property deals that may include trading – a property coach is not a luxury it’s a necessity.

Liken it to training for  marathons – or triathlons, what’s required of your body to do well is a well though out program and support which is  vastly different from doing the usual training at the gym or twice weekly run on the beach.  To build up and sustain the level to succeed you need instruction, support and encouragement to keep going.

The same is true for property investment when you want to get beyond the small portfolio.

PropertyTutors mentor Sean Wood says he gets the most satisfaction from his mentoring – his clients results are hugely rewarding to him as their mentor.  In fact  there is a lot of delight all round  when someone in the group scores a great property deal well.

Meet Sean Wood at The Masters – May 2014

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