Take this quick quiz and find out what type of property investor you are destined to be?
Why do you want to invest in property?
You must select an answer
Have cash and savings to invest.
Want to replace my income.
For my retirement, I have cash to invest.
For 2nd income and wealth, I have cash to invest.
What attracts you to property investing?
You must select an answer
Its 100% passive income.
That you can make great cashflow.
You can use mortgages to get lots of property.
You can create wealth in a short space of time.
What type of property do you think would suit your situation?
You must select an answer
No tenants the agent does it all.
High cashflow property.
Something that goes up in value over time.
Smelly, horrible properties that I can add value to quickly.
What type of tenants could you handle?
You must select an answer
Single let properties. Families and couples.
Those that create great cashflow.
Easy to manage tenant categories.
Tenants that look after my properties.
Would you enjoy refurbishing a property ? Are you an amateur Lawrence Lewellyn Bowen?
You must select an answer
No I don't have time.
Yes if I can charge higher rents!
I prefer long lasting design choices, not trends.
I want my properties to have the wow factor.
What's your appetite to take risk in property?
You must select an answer
None, property is all about being as safe as houses.
I don't have any large funds to worry about losing, I've everything to gain.
There is no other asset class that will support my retirement.
Risk is mitigated by growing a diverse property business, that's the goal.
How fast do you want to go?
You must select an answer
I just want to buy a few properties per year.
I want to replace my income ASAP.
I want passive income for retirement.
I want to grow a property portfolio.
Do you have other sources of income outside of property?
You must select an answer
Yes I love my job / business, I just need somewhere to invest my cash.
No I need to quit my job / I need to diversify my income but have low funds.
Yes I like my job / business and it pays well but I need a plan B.
No but I have a lump sum to turn into income and wealth.
Are you good with money or numbers?
You must select an answer
Enough to know how much the agent will send me each month.
I am good at chasing people for payment.
I am fairly good at making sure my money works hard.
I make every penny work hard to grow my net worth.
