Successful investing in private real estate takes more than deep pockets. Behavioral economics, the study of financial decision-making psychology, bares the subconscious biases that trigger real estate investment mistakes. That is how we work as private equity real estate managers at Origin Investments. Seven steps, inspired by my knowledge of behavioral economics, can help a private investor avoid common real estate investment mistakes:1. Real estate investing requires significant expertise in finance and deep local asset knowledge.
Source: Forbes May 15, 2018 12:22 UTC