YAT Property

16/05/2022

Motivational Mondays!

13/05/2022

Failing to prepare, you are preparing to fail. By Benjamin Franklin.

You may be addressing maintenance issues quickly, knowing that failing to do so can lead to much bigger problems down the road. What may have started out as a small leak that goes unattended could become a huge problem one day when the floorboards are rotten and the ceiling collapses.

Another saying comes to mind … ‘a stitch in time saves nine’ ie dealing with the issue now will prevent more work later on.

So what do you do when the unexpected happens:

✅ Have a fund available to pay for such work - an emergency fund
✅ Ensure your insurance is up to date
✅ Do regular property inspections
✅ Communicate with your tenant

29/04/2022

If the plan doesn’t work change the plan and not the goal 🏁 👍🏾🙂

27/04/2022

When life gives you lemons 🍋 make lemonade!

This is about overcoming obstacles which at first I put in the ‘too hard’ basket 🧺. But flip it on its head, ask someone you know but with a slightly different outlook than you for a tip, they May come up with something you’ve not thought about. Take a break. Ask an expert. Write it down and write out some possible solutions. And then try something - anything. Don’t be despondent but find a work around, be creative, and before you know it you have worked it out.

How does that lemonade taste now?! 🍶

25/04/2022

22/04/2022

It’s important to have a positive mindset, and stay true to yourself.

My mum died a year ago so that sense of loss is really hard to live with sometimes. There are moments on some days, for no apparent reason when it’s hard for me to keep thinking positively. So rather than staying in that low mood there are a few things that I do to help me keep on track.

Each morning I write down one thing I’m grateful for. I write it on a post-it note so it doesn’t have to chapter and verse. You could start to write a gratitude journal.

Everyday I pray 🙏🏾 The conversations I have with God are great as I off load what’s on my mind and I find he’s a great listener. 🎧

On my phone ☎️ I use the notes section and write out ‘5 things to do today’ I love ticking them off, as soon as I’ve done it things seem to feel better. ✅ 🤗

Do things that make you happy, listen to music 🎼 read a book 📚, volunteer, do some crafting 🧶 or go out for a walk 👣 to get some fresh air. How many steps have you done today?

So to keep up the positivity, look after yourself, do something everyday that makes you smile 😊 and keep working towards your goals. 📈

Stay positive➕ stay focus 🔍 stay strong 💪🏾

17/04/2022

Happy Easter 🐣

15/04/2022

Who here uses the BRR - buy refurb refinance - property strategy?

I’ve done it once. I’m not gonna lie it was a lot of sweat and tears, but I can see the benefit of doing this strategy. Ie using the refinance 🏚🛠💰🏡🏡

13/04/2022

Emotions and making decisions

Cos we’re human we’re always going to feel emotions. You will feel either fear, excitement, concern or happiness at different stages of the property buying process. The best investors feel their emotions but don’t act on them. Whereas the weaker investors feel their emotions and act on them. So try and take a step back. And say ‘ok I understand that I’m feeling X Y or Z. but I’m not going to let that emotion dictate what I do when I’m buying a property.‘.

So base your decision on the work you’ve done to get you to that point and not purely on your emotions.

So remember to:

Know what’s your risk tolerance ⚠️
Learn about different property strategies 🏘
Look at the long term 🛣

09/04/2022

You can achieve anything if you work together 🤲🏾🤲🏾
Teamwork makes the dream work 🤩

It’s ok to make different decisions as time goes on; as you’ve learnt from experiences and hopefully going forward those tweaks mean you make better decisions and achieve your desired outcomes sooner. 🤩

My sister and I decided to focus on paying off our residential mortgage early. Why? to save money in the long term and to remove the biggest expense we have at the moment. So we’re both working towards that joint goal. 👍🏾