What's Your Real Estate Investing Superpower?

Quiz Questions

• 1.
  Where are you on your life’s journey

  • A.
    Image Source

    I have saved a little money, but not much.
  • B.
    Image Source

    Mid-career, I'm seeing some investment returns.
  • C.
    Image Source

    Mid-career, I need to catch up on my finances.
  • D.
    Image Source

    Retiring soon, I need some passive cash flow.
  • E.
    Image Source

    Retiring soon, I am all set and ready for what comes next.
  • F.
    Image Source

    Retired, I want to earn even more and step up  my lifestyle.
• 2.
  Why do you want to invest in real estate? 

  • A.
    A more robust retirement account would bring me peace of mind.
  • B.
    I need to earn an income so that I can retire early and achieve financial freedom.
  • C.
    I want to diversify my investment portfolio to make myself recession-proof.
  • D.
    I am set for retirement; I want long-term wealth for my family.  
  • E.
    I want to be my own boss and earn an income for my expenses.
• 3.
  Where do you stand on real estate investing?

  • A.
    Image Source

    I don’t have any time for that. I work full-time, and I have to keep up with my family. Plus, I want to spend more time living my best life.
  • B.
    Image Source

     I love real estate investing. I love getting in there, figuring things out, and managing the properties. I have more than 20 hours a week to devote to real estate.
  • C.
    Image Source

    I’ve tried real estate. The passive income is exciting to me, but I almost lost my mind dealing with tenants, toilets, and trash.
  • D.
    Image Source

    I thought about real estate investing, but I am uncertain where to start.
• 4.
  What is the maximum amount you’re comfortable investing in real estate?

  • A.
    $1000 or less, I am just starting out.
  • B.
    $1000 or less, I want to see what I can do.
  • C.
    Less than$25,000, I 'm slightly committed.
  • D.
    $25,000 to $50,000, I am interested in pushing myself a little.
  • E.
    $100,000 or above, I am devoted to this.
• 5.
  How long do you want your capital to remain invested?

  • A.
    I want to receive regular interest payments, and I want my initial investment returned in one to two years or less.
  • B.
    I want to receive regular passive income, and I want my initial investment returned in 5 to 10 years.  I am interested in seeing my capital grow.
• 6.
  How do you feel about risk?

  • A.
    Image Source

    I like a little risk it makes life interesting from time to time.
  • B.
    Image Source

     I love taking risks, especially big ones. Nothing risked, nothing earned – right?
  • C.
    Image Source

    Real estate sounds rewarding but I'm afraid to take risk.
• 7.
  What are you most comfortable with?

  • A.
    Image Source

    Leading the pack and showing others how it's done
  • B.
    Image Source

    Being supportive and caring for others
  • C.
    Image Source

    When others step up and take charge
  • D.
    Image Source

    Being in control and are confident in your abilities

Quiz Outcomes

• 1.
  Ultra Conservative Investor

  Image Source

  Real estate investing may or may not be your thing. While real estate is considered lower-risk than other types of investments, there is some level of risk to all investing, and nothing is guaranteed. The greater the risk, the greater the reward potential, of course. Real estate is a hard asset, which means there is something tangible backing it. Read this article to learn more about risk in real estate investing and how you can minimize it.
• 2.
  Syndication Investor

  Image Source

  You know what you want: a passive income. You are interested in watching your wealth grow. You know that it’s possible: to see real growth while also enjoying time with your family and everything else that matters to you. Commercial real estate syndication would make sense for you. Normally, these require an investment over of $50,000, but there are a few select opportunities starting at $25,000. On a smaller scale, turnkey rentals are available too. Learn more about commercial real estate syndication here.
• 3.
  Crowdfunding

  Image Source

  You are just testing the waters, and you want to invest a small amount of money while you’re learning. Crowdfunding makes sense as a first step. You can start by investing as little as $500 and grow from there. To learn more about passive investing and crowdfunding, check this out.
• 4.
  Single-Family Residential Investor

  Image Source

  As an active investor, you own single-family properties. Fix-and-flips, wholesale, house-hacking: these and other strategies add up to you. You are looking at a short-term strategy, turning in cash under a year. You can learn more about this type of investing here.
• 5.
  Lead Real Estate Syndications

  Image Source

  You’re a true go-getter – an active investor. The day-to-day goings-on and happenings are important to you. You offer passive investors time and expertise, taking charge of market research, property analysis, broker relationship management, contractor oversight, and accountant oversight. Check this out – and learn more about leading a commercial real estate syndication.
• 6.
  Private Lender

  Image Source

  A passive investor, you are interested in single-family properties. You provide financing for fix-and-flips, filling the role a bank would fill. You receive your initial investment plus interest in a year or two or less, as opposed to syndication where you would wait 5 to 10 years. It may make sense for you to shift over to multifamily syndication so that you can share your risk with other investors. Learn more about this type of investing here.