top 25 Questions to ask yourself before investing in real estate

Entering your real estate investing adventure with clarity helps ensure YOUR needs are met & your goals are ccomplished.

1. What is the big-picture goal I am trying to accomplish with this?

2. Am I willing to stick with this long enough to accomplish my goal?

3. How do I want to enter the investment world?

4. Am I ready to be a landlord?

5. Am I interested in residential or commercial property?

6. If residential, am I interested in single family or multi-family, and why?

7. How much money do I have to invest right now?

8. What is my personal risk tolerance?

9. What sort of tenants do I want to attract, manage and be in relationship with?

10. Where am I interested in investing? Why is that?

11. How prepared am I for on-going maintenance?

12. Do I want to manage the property by myself, or hire that out? Why?

13. What Return on Investment (ROI) am I looking for?

14. What cash on cash return am I looking for?

15. How will I know a ‘good deal’ when I see it?

16. I’m most concerned about:

17. I’m most excited about:

18. I need answers to these questions before I’ll feel comfortable:

19. This will help me keep it fun:

20. Who do I know that can support me in this, or that I could talk to?

21. What resources do I have? What resources do I still need?

22. What am I willing to compromise on?

23. I anticipate I’ll need help with:

24. Do I know how to run the numbers? If not, where can I learn & practice?

25. What other dynamics, unrealted to investing, should I be considering?

Have questions or want to talk about your goals with people who are here to help you achieve them? Reach out!