In this episode, we dive into the various biases that affect real estate investors. We discuss how personal biases, social media influences, and emotional responses can lead to poor investment decisions. Understand the importance of navigating these biases, such as anchoring bias, confirmation bias, and herd mentality.
As a property investor you have to do some research and stick to what the pros do. Get all the tips for your portfolio and dodge those blind spots on episode 230 of The Urban Property Investor.
I discuss -
00:00 - Understanding Bias in Real Estate Investment
10:04 - The Impact of Herd Mentality and Bandwagon Effect
19:51 - Overcoming Emotional Biases in Property Investment
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)
If you’re yet to subscribe, be sure to do so on your favourite channel.
Apple - https://pre.fyi/upi-apple
Spotify - https://pre.fyi/upi-spotify
YouTube - https://pre.fyi/upi-youtube
And remember, I’m really good on 1.25 or 1.5 speed :)
Take care,
Sam