1. EachPod

What Property Investors Can Learn From Playing Monopoly | Ep. 352

Author
Opes Partners
Published
Fri 28 Aug 2020
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/What-Property-Investors-Can-Learn-From-Playing-Monopoly--Ep--352-eilrbi

In this episode, we discuss the board game, Monopoly and what real investors can learn from playing the game. Some real-life lessons include: 





  • inflation – buy up big early in the game because you know the value of properties will go up over time as they become more valuable

  • managing cash – not developing your properties too much too soon, in case you can't meet an unexpected expense, and

  • negotiation – people are much more willing to negotiate when they are in straightened circumstances. 




Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.

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