🎓 Advanced Lesson 19: How to Avoid Emotional Decisions in Property Investing
✅ Decision Filter Template
🧭 Deal Decision Filter Template
Use this checklist before committing to any creative property deal:
- Does the deal meet my financial goals?
☐ Cash flow target: £_____ per month
☐ Profit on exit (flip/assisted sale): £_____
☐ Minimum ROI %: _____% - Have I completed due diligence?
☐ Seller motivation verified
☐ Land registry/title checked
☐ Lease/charges reviewed
☐ Comparable sales/rentals verified - Am I reacting emotionally?
☐ Do I feel rushed, pressured, or overly excited?
☐ Have I taken at least 24 hours to review?
☐ Have I discussed this with a trusted peer? - Would I still want this deal if:
☐ I had no emotional connection to it
☐ I had to present it to an investor
☐ It was the only deal I did all year - Is the exit strategy realistic?
☐ Flip / Lease Option / Assisted Sale
☐ Buyer/investor demand confirmed
☐ Risks clearly identified and mitigated
😬 Emotional Triggers Worksheet
😬 Emotional Triggers Worksheet
Answer these questions honestly before moving forward with a deal:
- Do I feel:
- 🔥 Excited (too good to be true)?
- 😰 Pressured (seller or agent rushing me)?
- 💸 Desperate (need to do *something*)?
- 🤞 Hopeful (but unsure of real facts)?
- Am I ignoring any red flags?
☐ Legal concerns
☐ Seller vagueness or reluctance
☐ Property condition unknown
☐ Unproven comparables - Have I done any of the following?
☐ Tried to convince myself “I’ll make it work”
☐ Ignored your own deal rules
☐ Avoided showing it to someone more experienced
🧠 Reminder: Walk away from deals that don’t fully pass your logic test. You’re not here to gamble — you’re here to build wealth.