Land Agent and Property Development CompanyLand Agent and Property Development CompanyLand Agent and Property Development CompanyLand Agent and Property Development Company
  • Home
  • About Us
    • About CPG
    • Our Guarantees
    • Covid-19 Policy
  • Our Services
    • Land Owners
    • Property Owners
    • Property Professionals
    • Property Consultancy
  • Acquisitions
  • Investors
    • Investing with CPG
    • Case Studies
  • CPG Blog
  • Contact Us

The 7 Traits That Every Successful Property Investor Must Have

    Home Property Investment The 7 Traits That Every Successful Property Investor Must Have
    NextPrevious

    The 7 Traits That Every Successful Property Investor Must Have

    By Harvey Raybould | Property Investment | 0 comment | 19 April, 2017 | 0

    property investment traitsSo you want to be a successful property investor? Well you need to make sure that you have the traits listed below or intend to develop them. There are no shortcuts with successful property investment so be prepared to work on yourself if you feel that any of these traits are lacking.

    1. Have a Head for Figures

    You need to know the difference between good and bad debts and be able to produce simple cash flow forecasts when considering a new property investment project. Are you a good financial manager? Can you do battle with a spreadsheet and win? If not this is one trait that you definitely need to work on.

    2. Be a Long term Planner

    If you are focused on the short term every time then you will never succeed in property investment. It is important that you create both short and long term goals for your property investment business. By thinking long term you will have the power and determination to overcome the many setbacks that are likely to confront you.

    3. Be Persistent

    This is linked to having a long term plan. When you purchase a property for investment then there are no end of things that can go wrong. Some of them will happen at the same time and this will be a real test of your persistence. Many newcomers will throw in the towel but you need to get back on the horse and solve all of the problems. If you are not persistent prepare to fail!

    4. Be a Decision Maker

    Do you find it easy to make decisions? We are not talking rash decisions here but considered decisions. You have weighed up all of the pros and cons of a property purchase – can you decide quickly to make a purchase or not? You need to be able to think clearly and make emotionally detached decisions. If this doesn’t sound like you then you have to work on this.

    5. Be a Multitasker

    Experienced property investors are used to dealing with a number of issues at the same time. It is the nature of the business. It is vital that you do not become overwhelmed when you have several tasks to complete which are all urgent.

    6. Be a Good Communicator

    You will need to interact socially with a lot of different people to become successful in property investment. You must be able to communicate well to get what you want. This isn’t just about talking although this is part of being a good communicator. You need to be able to listen well too. When you are dealing with third parties you must ensure that everything is understood and clear before you proceed.

    7. Be a Life Learner

    Property investors that think they know it all (yes they do exist) are more likely to fail than those that have a positive attitude from continuous learning. There are many experienced people in this business and you need to be able to learn from them. Be inquisitive and ask questions and never let pride stop you from asking a question that you need the answer to.

    A Shortcut to Successful Property Investment?

    OK so we said that there are no shortcuts but this could be considered as one. It is property investment without all of the hassle. At CPI we are able to offer you a hands off property investment partnership where we will deal with all of the problems. Interested? Find out more by contacting us.

    No tags.

    Leave a Comment

    Cancel reply

    Your email address will not be published. Required fields are marked *

    NextPrevious

    Search The Blog


    Property Investment Blog

    • Advice For Landlords
    • Business Reports
    • Commercial Property
    • Decorating and Design
    • Kent County
    • Land Acquisition
    • News
    • Property Investment
    • Residential Property

    FREE Property Investment Guide


    OUR MEMBERSHIPS…

    Land Agent and Property Development

    Registered in England and Wales No: 09252187

    OUR LATEST NEWS…

    • property investment jargon

      Property Investment Jargon Explained: Full A – Z List

      Like many industries, the world of property investment is littered with jargon.

      9 April, 2021
    • Kent villages that are good for London commuters

      Kent To London: The Best Kent Commuter Towns and Villages [2021]

      I think you will agree with me when I say: London’s house

      9 April, 2021

    OUR CONTACT DETAILS…

    Creative Property Group
    Letraset Building, Wotton Road, Ashford, Kent, TN23 6LN

    Phone Number
    0800 488 0027

    Email Address
    [email protected]

    Click here for our Covid-19 Policy

    © 2021 Creative Development Services Limited | Land Agent and Property Development Company | Privacy Policy | Terms and Conditions
    • Home
    • About Us
      • About CPG
      • Our Guarantees
      • Covid-19 Policy
    • Our Services
      • Land Owners
      • Property Owners
      • Property Professionals
      • Property Consultancy
    • Acquisitions
    • Investors
      • Investing with CPG
      • Case Studies
    • CPG Blog
    • Contact Us
    Land Agent and Property Development Company

    COVID-19 Update and Cookies

    The team at Creative Property continue to work from home where possible and ensure we comply with current government and public health guidance to help keep everyone safe and well when out on site. Cookies help us to improve the service we offer you. For more info on our cookie policy please click here.