That you can look at gradients of slopes and work out what the discounting might be your honor so like that’s all good and you can use these as tools but often for a lot of investors they get stuck in and never do anything because they overanalyze because of the data available you know as a research your job is to provide this in to market but you must see property investors.
Who never get there and never actually buy something because they just put too much emphasis on the data or what’s your accommodations around that it’s actually really common and and people call it analysis Ellison see right you you just stuck justjust trying to work out your numbers way too much I think absolutely research is really important get it getting you your numbers rights investment is all about the numbers and taking some of the emotion out of it or all the emotion out of it but in there today you’ve got to make a decision.
You’ve got to go with your instinct in some time in some conditions even you know when everything stacks up you’re still gonna have choice of which properties actually fit your consideration set and then you need to choose amongst them then it comes down and negotiating so generally the best the best advice I can give is is act right do your research but it executes follow-through and we’re obviously chatting about investors real estate agents use this data at your friendly to mortgage brokers it uses it differently to developers but as property investors.
How do the best property investors use data to get to a decision making process the quickest or the easiest or the smoothest is there any particular top-line data they should be making sure they do cover and that should be enough to get going or you know what’s the best that you see I think most investors generally have an idea where property valuation sydney cost they would like to buy mmm but that’s always a good place to start is distilling down where you want to buy your property at so there’s there’s plenty of ways to do that you can look at the all the suburb level detail you can look at the capital city level detail and start drilling down from there and most investors be looking at things like well a price is going up or down.
There any momentum in the market that might show you where the trends are heading what’s happening with volume how much supplies in is in in the pipeline or how many homes are being advertised for sale once you start to get an idea of the geography that you’d be targeting and the housing type is going to be a house or an apartment or a townhome or villa then you can really start looking at the fine tuning of well which property is right for me and my budget so that obviously gonna start looking at the portals real estate calm domain on the house trying to find the properties.