Property Investing – Am I Buying for Profit or Prestige?

All of us have emotional preconceptions and assumptions. They are reinforced and fine tuned by our experiences of life, be they traumatic, disciplined or consistent. Our brains are designed so that the emotional patterning centers mature while we are still in utero, whereas our rational centers begin to mature at about 4 years old and finish maturing through adolescence to early adulthood. Non- rational emotional patterning is therefore a design feature!!

Most of us have some common preconceived ideas, historically these were things like the earth was flat, and we couldn’t fly. Now they are more likely to be about how we structure our lives.

Why do over 3 million people in Sydney need to get up and go to work at the same time, every day and cause massive traffic congestion? Why do we think this is normal? Is it normal? Does it work for us? Why do we keep doing it?

As well as commonly held patterns we all have a few family specific ones and, a number of which are unique to our experiences of life. Because they are a design feature, they are supposed to be there. Most people seem to presume not and try to weed them out or ignore them and hope they will go away.
However, a big property purchase looms. Our money is involved. For most people our emotional patterns will be triggered and we will react. The issue isn’t that we have a reaction, the issue is the reaction becomes our focus and we try to fix our upset. In the process we forget to focus on the property transaction!

Property transactions are very complex procedures with finance, legal, vendor and purchaser coordinating to a finite window. Much expertise and sensitive negotiation can be involved. There are few opportunities we participate in with a more immediate effect on our bank balance, cash flow and, for many, sense of self. This is not a good time to be distracted!!

What are the sorts of things that distract us?

We could look at many behaviours, however we get simpler pictures if we examine motive, sometimes conscious, sometimes hidden a little deeper. A client might be worried about how they are perceived. Property becomes a tool to prop up their perception of themselves through others thinking more highly of them. These are often people who love to drop property reports into general conversation. Hoping to snare some self esteem through others’ reactions.

These people buy for prestige rather than wealth creation. They want an address and landmark that their mother-in-law, social set and the boss approves of and almost envies. Glossy prestige marketing lures them to overpriced deals that fail to capitalize to expectations. They may go sour on the concept of gaining wealth through property and find some other way to prop us their image. However, did they ever really look at property with open eyes to examine the business of creating wealth?

Other clients are more concerned about doing it the right way. Hence every detail must be managed. They find professionals who do things their way and then collude with them about the rightness of the way they do things – a very circular way to complement yourself! Because of the level of detail required, due diligence takes on gargantuan proportions. Many deals are missed. Costs rise as professional are paid for their expertise.

In their frustration, they may find a guru, suspend disbelief and follow their advice. Often this is more in line with their perception of the gurus qualities than the particulars of the property acquisition. Did they ever really go to find property or were they looking for the right way and property was just a thing to do to find it?

These two examples sound extreme and yet are very common. Money is one of our great human experiences. It draws out of us unknown or unrealized assumptions about who we think we are in relation to money. Some of this is great and some of it is self limiting. To be in the business of wealth creation, wealth management, asset retention and cash flow management we need to be willing to make our property business the priority and give up a few of our emotionally patterned preconceived ideas. This is not a job for the faint hearted.

Prestige Car Hire – Hire a Super Car

With a car rental, you can drive a super car. When most people see a Ferrari, Lotus, or a Porsche on the road, few of them stop to consider that they could hire one of those cars. Most of us might never get to own one, but that doesn’t mean we should feel that driving one is beyond the limits of possibility.

Prestige car hire are made strictly to impress. Imagine hiring a Bentley for your wedding day or a Lamborghini on your graduation. You hire one of these cars because they garner attention. Impress a beautiful woman with a ride in a Ferrari, or an important business client with a pick up in a Rolls Royce.

Sports cars offer us the combination of speed, luxury, and safety. People often debate the difference between a sports car and a “sporting” car, for our purposes they are all prestige cars.

A prestige car is anything that can impress. We have already run through some so far, but others might be Aston Martin, Audi, BMW, Mercedes, or a Range Rover. Any of these cars, and many others, have the inherit ability to pass as a status symbol.

There are many ways to find a prestige car hire. You can refer to the Yellow Pages, hotels, airports, auto enthusiasts, or you can look on the Internet. The Internet is probably your best source for finding where to hire a prestige car. You can sort your search in several ways. You can type in the name of the make or model auto that you are looking to hire. You can simply punch in “prestige car hire.” Either of these means should get you plenty of results. Next, sort your “hits” by the city you are in or the one you will be visiting. You should have accessibility to prestige cars at almost any population center, city, or urban area.

There was a time when finding a prestige car hire was a difficult thing, but not any longer. If you can dream of driving it, it is most likely that you can find it for hire.

Hiring these types of vehicles is going to cost you more than a practical car and van hire would. There will be extra insurance charges and additional fees. There will be age restrictions and, quite possibly, distance and destination restrictions, as well. Also, the mileage costs will be much higher. You will fill the car with fuel more often, as these prestige cars do not get high ratings for gas mileage.

Make sure to closely inspect the car before you drive away in it. You will be paying a very high excess (deductible) with this sort of hire and if it comes back with any dents or scratches, they will be your responsibility. Keep the car clean as well, or you will face an additional charge for the agency having to clean it.

Remember to have fun. A prestige car hire may be the only way you ever get to drive one of these cars in your life.

Prestige House For Sale – Hale, Cheshire, UK is the Perfect Location

A prestige house for sale in Hale is considered by most experts to be one of the last safe locations where to buy property. Why might the experts have this opinion?

The village of Hale is located in the county of Cheshire, which is home to many rich and famous people – who clearly view the area as a safe place to invest. Also when viewing the location of Hale it is clear that the village is in a perfect spot for commuting and travelling generally, with easy access to various transport facilities. For example, Manchester Airport is only a ten minute drive away and you could soon by flying to foreign climes; Stockport and Warrington are about a 10-15 minute drive away and the drive to Manchester City Centre takes pretty much the same time. These facts are some of the main reasons why a prestige house for sale in Hale will always be considered in a premium location, even over Prestbury or Wilmslow, the other locations in the Cheshire ‘Golden Triangle’.

Another determining factor for people when deciding why to buy houses for sale in Hale, Cheshire is that not only is there is a excellent blend of property, but there is also a universal leafy ambience that is crucial when considering a prestige house for sale. It may be the dead of winter, yet the greenery is wonderful and utterly charming and welcoming to return home to once your work day is done.

Moreover, a majority of property professionals are of the opinion that if you are searching for a region to find a luxury house for sale, it is always essential to consider the future since it is most probable that buyers will move with in a period of five years and the exact same reasons that persuaded owners to purchase in the first place will convince new clients to buy a prestige house for sale in the Hale, Cheshire area.

When existing owners were asked where to buy property they suggested Cheshire and stated: ‘Hale is the best place to buy houses for sale because of all the excellent schools and at all levels. Trafford the local authority, boasts a superb blend of private and local authority schools. Trafford still operates the 11 plus examination and boasts of having vibrant and highly sought after grammar schools for girls and boys, both of which are state funded. So Hale, Cheshire really is the best place to buy houses for sale’.

As with most modern suburbs and villages, there is a plentiful supply of well known supermarkets and Hale is no exception. Of course when buying a prestige house for sale in Hale you get the added advantage of having the vibrant sister town of Altrincham just a short walk away and has that lovely blend of old and new with two fitness clubs and swimming pools, a new ice skating rink next to the latest multiplex cinema – the list goes on. However what is special about the village of Hale is that it still retains that old style shopping experience of the family baker, butcher and hardware shop that so many other villages have lost and yes, Hale still retains an incredibly busy post office and is supported by no less than 4 major banks.

When we look at why we should consider the Hale area and the properties located there it is not difficult to see why this North West area of Hale is an ideal location where to buy property. The current housing crisis does not seem to be affecting the residents in Hale and many of them will tell you that this is one of their favorite places to live. With a stunning location, access to excellent schools, good travel links and other important amenities, buying a prestige house for sale in Hale, Cheshire is an investment you won’t regret.