What traits do I need to be a successful off-plan investor?

What traits do I need to be a successful off-plan investor

Do you have what it takes to profit from an off-plan property?

Off-plan property investment has made a lot of property investors very wealthy. This wealth doesn’t come by chance, though. In my experience, the best investors in off-plan property benefit from a distinct set of personal traits. Could you join all those who have become wealthy by investing in off-plan?

If you’ve got these four characteristics, then the answer is a resounding ‘yes’:

You’re prepared to get educated about property investment

Whatever it is you are doing, you need to acquire the knowledge to be good at it. If you don’t know how to swim, I wouldn’t recommend you dive into the deep end.

Property investment could become your career, and make you incredibly wealthy. But it takes time to become good at it. You’ll need to be patient, though. You can’t acquire the knowledge you need in just a few hours.

Don’t get duped by the promise of seminar providers who promise a lifetime of wealth in just a few hours of coaching. You can be certain that you’ll pay dearly for these, possibly thousands, and receive little more than a few glossy brochures and a sales pitch that lasted a whole afternoon.

We make all our investment education free. You’ll find articles, blogs, webinars, videos, books, investment guides and more in the Gladfish Academy. You can learn at your pace, and continue to learn as you invest – education and experience is a heady cocktail for success.

The fact that you’re reading this article tells me you’ve got a desire to learn about property investment, and how to make money by investing in off-plan property.

You know why you want to invest

Unless you know your objectives, you won’t be able to devise the strategy to invest successfully.

You’ll have thought about why you want to invest. For example, it might be to deliver stunning retirement income. However, even this objective is a little woolly. Make your objective SMART:

  • Specific
  • Measurable
  • Achievable
  • Realistic
  • Timebound

For example:

I want to retire by the time I reach the age of 60, with an income of £30,000 per year, living in the Cotswolds, and going on country walks every day.

When you know what you want, when you want it, and where you want to be, you can start planning the journey that will get you there.

Again, because you’re reading this, I suspect you already have an idea of your objectives. You may not have defined them as SMART goals yet, but every definite objective begins as a notion. (Why don’t you give your objective a little more thought, and develop a SMART goal?)

You’re not afraid to follow your instinct

You’re a naturally intuitive person, and you’re prepared to act on gut instinct. You also understand that there’s a difference between intuition and gusto.

You become enthusiastic when something ‘feels right’, but you’re no fool. You’ll take your time to follow your gut and make sure that the opportunity of a lifetime is what it promises.

You’ll crunch all the numbers, do your research, and conduct due diligence. When your research and considerations confirm what your intuition told you, then you pull the trigger and go ahead.

When you read the title of this article, you followed your instinct and opened it. You felt that you would learn something by reading it, and you were right.

You’re not afraid to take advantage of help

There is always someone more knowledgeable than you. When you first start out investing in off-plan property, it can be a daunting prospect. Some people are scared to work with others for fear of ‘looking stupid’. It isn’t you.

You’re happy to surround yourself with the professionals who will help guide your investment. After all, they’ve done it all before. They’ve made the mistakes that they will now help you avoid. It will save you money, and make it more likely that your first investment will be the start of a very profitable, life-changing profitable portfolio.

You’ve already started this process of seeking out help. You’re reading this article and may have already started exploring the Gladfish website.

Do you have what it takes to be successful in off-plan property investment?

If you’ve read this far, I have no doubt about the answer: you do. All you need to do now is to take the first step. That’s the hardest one to take, isn’t it?

Every successful off-plan property investor started off like you – with little or no experience in off-plan. Perhaps also confused about the process, and nervous of the implications of signing on the dotted line for something that hasn’t yet been built.

Contact one of our team today on +44 (0)207 923 6100. We’ve helped hundreds of people like you become successful in off-plan property investment. Your Gladfish property consultant will be with you every step of the way. You’ll work towards your first off-plan investment at your pace, and benefit from decades of combined property investment experience.

A journey of a thousand miles starts with a single step. Are you ready to take that step?

Live with passion

Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.

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