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You don't need to start "practicing" RE investing the day you decide to buy your first deal.

I heard a high profile investor once say he underwrote over 800 deals without buying a single one.

Walk the property, analyze its expenses, rental demographics, crime rates, etc, etc.
To get good at real estate you got to do the work others don't want to do.

Browse real estate on the internet & attempt to analyze one deal per day. Build a spreadsheet on each one. Day after day, keeping doing maths on different deals.

Wonders will happen after a few months!
Want to be a good stock investor? Analyze one company per day.

Want to be a fit/strong? Go to the gym 4-5 times per week.

Want to be a successful real estate investor? Analyze one opportunity or deal per day.

You got to do the work. There are no substitutes.
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More from @TihoBrkan see all

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Tiho Brkan
@TihoBrkan
1/ A thread on leverage.

Using financing to your advantage can be a double-edged sword when it comes to investing in any asset class. However, some asset classes aren't designed for leverage (crypto, commodities, etc) and some are (property, forex, etc).
2/ There are many ways to think about leverage. I'm not here to convince you you should or shouldn't use it — however, I do want to share a story my mentor (who owned over 150 million of property) once told me in Sydney, Australia a long time ago.
3/ He taught me to think in many different ways when analyzing investments, and when it comes to leverage he always said to think about it from the lenders' perspective. In most cases lenders are banks.

Imagine a start-up idea that needs financing? If you walk through the...
Read 14 tweets
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Tiho Brkan
@TihoBrkan
1/ The traffic light portfolio wisdom.

Someone on the street of #Singapore (in the financial area of Raffles Place) recognized me from Twitter last month.

While that's quite funny, it isn't the point of this tweet. They went on to ask what my financial advice would be as we...
2/ ...waited for the traffic light to change. Clearly, it had to be an action-packed, wise & swift answer.

Firstly, I said never to take advice from anyone in the financial industry you don't know and haven't looked into their track record / returns. But if you...
3/ ...insist it would be the following in point form style:

• have a portfolio strategy

• 50% of your money into index funds focusing on the world index (70%) & Emerging Markets (30%)

• 50% into securitized, asset-backed, real estate debt deals (instead of fixed income)
Read 11 tweets
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Tiho Brkan
@TihoBrkan
1/ I get a lot of questions about real estate, especially in direct messages. The majority of the questions talk about investing in a unit & renting it out for the next 10 years.

That is a beginner thinking process & not what real estate investing is about.
2/ The other popular thought is RE is all about location, location, location. Yeah ok. We understand the location is important. Very important.

But that's not it. It's far more complicated. I would argue you should think about it from three different angles.
3/ These three sections of real estate are:

• type of real estate (residential, retail, office, hospitality, industrial, mixed-use, etc)

• real estate strategy (core, core+, value add & oppertunistic)

• capital exposure (common & preferred equity, mezzanine & senior debt)
Read 20 tweets

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