It’s a major decision in your life, no doubt. When you’re thinking of acquiring a property to move in, the decision-making can be nerve-wracking. Will you buy an old one? Or will you build a new one? And how about the location. Where would you want it to be? At the onset, it may sound simple, but when you look at the details of it all, it’s overwhelming. Perhaps, that’s the reason why they say the devil is in the details.
Enter Tony Robbins. A lot of people think Tony is somewhat a shaman. It’s not hard for people to conclude how he mesmerizes his audience must be some trick. He must be paying them. But truth be told, you can tell who the man is by looking at who pays him for his advice. And your jaws could drop. We’re talking about Bill Clinton, Princess Diana, Oprah Winfrey, Nelson Mandela. And more. You have Leonardo DiCaprio, Hugh Jackman, Serena Williams. And that’s just for starters.
Indeed, who are we to argue? Tony Robbins is the life coach that has taken the coaching to the highest level. Taking a page from Tony Robbins can be a huge step in getting your ideal home.
Rule 1: Write Things Down
It’s like getting married. Real estate decisions have a life-altering effect on your life. For one, location can affect how your kids grow up. Or how you work. In the age of the internet and the virus, you need the internet to get by. A remote location that’s off the grid is simply out of the question.
Then there’s the financing. A housing loan can do you wonders. It allows you access to generous amounts of money to put up while giving you time to pay it all. It’s another major decision that you have to make. Needless to say, getting the best housing loan puts you at a great advantage.
So how do you proceed? As important as the decisions you have to make are, the first step Tony details is paramount. And it’s simple. Write it down. Decisions must be put not in your head but on paper.
When you do, you open yourself up to better decision-making. Avoid doing it all in your head as you can be at risk of “looping,” limiting your ability to see the consequences of a decision.
By writing it all down, you can identify the obstacles of your decision and go over it better. So write down your pros and cons of a particular option. Best of all, check your emotions. You may be limited by fear.
Rule 2: Understand Your Feelings
There are many instances when bad real estate decisions can create a miserable lifestyle. When you do a second mortgage on your home, for instance, you could be putting yourself in debt for the rest of your life. As Robert Kiyosaki, the “Rich Dad Poor Dad” guru details, he’d rather create the “assets first” to generate the income to buy a bigger property. Sounds about right, right?
In this sense, you have to be attuned to your feelings when you make the decision. Learn how do you really feel about it all. What motivates you to decide on it? As such, the reason behind the decision should be absolutely crystal clear to you. It should tell you why you’re pursuing the path. Quite simply, this means you need to spend time with yourself and with your partner to go through the motions.
Rule 3: Overcome Fear
You’d be holding yourself back if you let fear stop you from making a key decision in your life. Instead, think of the opportunities that a real estate decision can give you when you make it all happen.
For one, you could be intent on moving but is stopped by fear. If you don’t do something about it, you’d be living your whole life in the ghetto.
Think about it. Tony Robbins used to be a janitor. Today he’s a multimillionaire. If he allowed his fear to decide on his income, then he’d still be carrying a mop by now.
Even better, the list of billionaires who used to live dirt-poor continues. You have Howard Schultz, the founder of Starbucks, and yes, Oprah Winfrey, to name a few.
Overcoming fear doesn’t mean you don’t weigh things out. Aiming to live in a mansion is good, but first, you need to get a job. And move from there.
Step 4: Prioritize
Lastly, know your priorities. What good is a new house if it’s in a bad neighborhood? You should know your priorities in life.
Take note that your decision will have outcomes, not one but many. So you need to ask yourself how this decision affects everyone you love. Set priorities from there. What comes as your priority? What are the things that you value most?
A quick look at how two billionaire neighbors became entangled in many lawsuits against each other is eye-opening. And to think both lived in the Bahamas.
When you’ve sorted things out, you should be able to get down to business in no time. And settle down in the property you truly deserve. After all, chance favors the prepared mind.