Plain-English explanation
Write the rules cold; execute them when hot.
Examples
- 'Sell if cap rate compresses below 5% AND price/rent above 25.'
Common mistakes
- Inventing the rules in the middle of a decision.
Related questions
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Investor Psychology
Pre-committed rules that govern acquisition, hold, and disposition independent of emotion.
Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice
Write the rules cold; execute them when hot.