12 February 2017 | 27 replies
This is just an example of the very basic business concepts of pricing strategy and consumer psychology.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/437751/small_1642717022-avatar-frankc31.jpg?twic=v1/output=image&v=2)
29 December 2015 | 17 replies
Im just trying to understand the agents psychology
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/315073/small_1695460095-avatar-malcolmk.jpg?twic=v1/output=image&v=2)
19 May 2015 | 8 replies
It's less financial and more psychological in nature, but I think it's sort of a simple way to make sure you're not spreading yourself too thin.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/731609/small_1662041010-avatar-tianao.jpg?twic=v1/output=image&v=2)
5 April 2017 | 65 replies
Even if the first deal isn't perfect, it will have the psychological effect of jump starting your investing career.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/700284/small_1621495700-avatar-johnm777.jpg?twic=v1/output=image&v=2)
20 March 2017 | 6 replies
It's psychology.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/250211/small_1621436220-avatar-chrisf79.jpg?twic=v1/output=image&v=2)
20 March 2017 | 9 replies
Doing that changes the psychology of the deal.
27 March 2017 | 3 replies
No, what you primarily need is adequate insurance coverage which you would need in addition to a LLC anyway.A LLC is primarily a psychological safety net as opposed to actual.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/610930/small_1621493761-avatar-teslaproperties.jpg?twic=v1/output=image&v=2)
6 June 2017 | 6 replies
Asking was $250k, NOI max price was $285k...we beat out 9 other offers by breaking the psychological $300k barrier and buying at $305k (yup, $55k over asking).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/623779/small_1621494038-avatar-agent_james.jpg?twic=v1/output=image&v=2)
25 December 2016 | 6 replies
I just don't know how to get past this psychological block.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/744200/small_1621496542-avatar-andrewm269.jpg?twic=v1/output=image&v=2)
11 April 2017 | 22 replies
Only difference now are prices are 2x-4x higher and herd psychology has changed (pretty stories vs ruin p*rn).