Who’s running the show?

When you’re making decisions, do you let your heart or your head make the final decision?

In an ideal world, we’d all be able to make rational decisions about everything, but sometimes it just doesn’t happen that way.

Maybe you’ve fallen in love with a property and are so desperate to have it that you end up paying over the odds. Maybe you’re selling and you’ve got a bit hung up on a certain price, but all the offers are way under that.

Perhaps you’re a bit of a gambler and you prefer make decisions based on your gut feeling. That might work once or twice, but that would be luck! It’s no way to run an investment strategy.

The key to any decisions you might make is to keep a cool head at all times. Make your decisions based on cold, hard facts, and don’t let emotions be the driving force behind your actions – you have to stay objective to succeed! ?

5 steps to stop your emotions taking over

1.?????? Never make any immediate decisions – always take time to stop and think

2.?????? Never call something a ‘no-brainer’ – if it looks to good to be true, it probably is

3.?????? Always do your due diligence and stress test every deal

4.?????? Get a second opinion (from someone who isn't emotionally invested)

5.?????? Don’t panic!

Podcast 223. The National Retrofit Plan & SEAI Grants Explained

In this episode I discuss the recent in-person event featuring guest speaker Krystyna Rawicz, who shared insights on property investment and building surveying. The conversation transitions into the National Retrofit Plan for Ireland, focusing on energy efficiency and the role of the SEAI in managing grants for property upgrades.

I elaborate on the grant application process, highlighting the challenges and requirements for homeowners and property investors. The episode concludes with a discussion on the future implications of property upgrades in the housing market.

On the Blog: Can you reframe your limiting beliefs?

People often tell me that there are things they’d like to do in life, goals they like to set, then immediately follow it with a ‘but…’ and give me the reason they’re not pursuing that goal.

This week I’m looking at how Limiting Beliefs could be stopping you achieving success and what you can do about it!

Q&A Replay - Is the National Retrofit Plan Doomed to Failure?

I host the 90-minute Property Investor Q&A livestream every Wednesday evening at 19:30 Ireland/UK

Get your questions answered while hearing some of the latest real estate and Irish property market news - whilst based in Dublin, I have bought, sold, built and managed real estate across cities and towns on 4 continents so wider topics such as international property, general business & finance or the economy in general are open for discussion. Here’s the replay of last week’s session to whet your appetite!

How do you rate your knowledge when it comes to real estate and investing? Do you know a fair amount, or could you still have a lot to learn?

You don’t know what you don’t know, so why not find out where you are by taking The Property Investor Readiness Quiz.

Taking no more than 4-5 minutes, you’ll be asked 23 questions to assess you on your knowledge, your mindset and your resources. At the end of the quiz, you’ll receive an email with a personalised report providing insight and suggestions.

It’s a great way of getting an objective assessment of how you rank as an investor and will provide you with links to useful resources – try it below!

https://eliteproperty.scoreapp.com/

That’s all for this week, see you next time!

Gavin J Gallagher