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Am I ready to be a property developer?

So, you wanna be a property developer? It can be fun and rewarding but it’s not for everyone. Answer the questions below to get an indication of how ready you are to get started. Give yourself a mark for each question below. From Abso-fricken-lutely to No Way.

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* 1. I can cope with uncertainty

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* 2. I am comfortable delegating tasks

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* 3. I am good at working with people

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* 4. I like to solve problems

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* 5. I can make decisions, sometimes with limited information

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* 6. I like to be proactive

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* 7. I am happy to make lots of phone calls and speak with different people to get the information I need

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* 8. I am organised and can follow a system

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* 9. I can handle change

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* 10. I am willing to listen to advisers but make my own decisions

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* 11. People saying ‘no’ doesn’t deter me

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* 12. I don’t look to blame other people

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* 13. I have enough money to pay for consultants and finish the project. Or I can raise the capital I need.

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* 14. I understand that there will be obstacles and challenges along the way

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* 15. I have a clear purpose for tackling property development

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* 16. I understand my tolerance for risk

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* 17. I am prepared to do research

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* 18. I understand that financial forecasts change along the way

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* 19. I can work a spreadsheet

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* 20. I can ask for help when I need it

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* 21. What's your biggest worry about getting started with property development? What's holding you back?

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