5 types on property investors

It didn't work for me. I got Accidental investor - buy a home then invest to hold not sell. Which is funny because I have sold half the IPs I ever bought... after renovating them!

 

Result: The armchair investor
Share your result
You are the king (or queen) of cool and have a set-and-forget property portfolio to match your executive-level job. You're all about tax minimisation, outsourcing and "the numbers".

Ha. This description is so not me. I must have learned a few things on PC.

Come on Moreton Bay, only 5% growth last year - you're killing me. At least that beats the 2.2% Brisbane annual growth numbers in the previous week's property stats.

 

Lol see? It needs categories 6-10.

 

Here's another quiz I found on the internet...
What type of property investor are you?
I couldn't answer 5, 6 or 12 because none of the answers suited. Some of the others the answers didn't suit either but I picked the best answer for me. But this is what I got. And I'm sure most of you lot might end up with savvy too!

 

Mark just got "Young Gun"

In the second quiz, I scored exactly the same as my learned Sister.

 

agree 100% in theory - however the good and great locations have much higher entry costs and holding costs as opposed to the lower growth higher yielding areas - it comes to an individual's lifestyle, goals and risk parameters amongst other things

the latest boom in Syd and Melb has given rise to many first time investors who "got lucky" and personally I am curious to see the investor landscape when interest rates rise - I think at current record low interest rates, and especially with majority of investors on IO there may be investors who have "swum naked" when they do rise

 

Glad you guys enjoyed it! Was a bit tongue-in-cheek, but hopefully not so much as to offend anyone .

Most of my friends (thankfully not investing but did the quiz anyway) got mining town investor... yikes!

 

I can roll with that.

 

I didn't bother doing this quiz I guess because I reject the very premise of the 5 boxes that the quiz aims to put people in.

While I don't doubt investors in each of these examples/descriptions exist in the real world, there are other personas that are non-conforming to all of these (as well as perhaps ones that blend 2 or more of them as well).

Still, kudos to Jennifer for at least unpacking some that may exist.

 

I think you'll find it's largely satire

 

We did this and I've always thought we may have made a mistake. Good to read that someone is advocating it, first time I have seen a post like this on PC.

 

ok, I got young gun. But I'm not that young anymore

 

Since I have DIY renovated 5 IPs in a row, I am gutted I didn't score: The Block-inspired DIYer.

I found out which question I got wrong: The best house, the worst street

Should be Worst house, best street!

Unfortunately, it doesn’t always pay off. At best, even the most hardworking DIYers will be learning as they go, leaving themselves vulnerable to making expensive mistakes.

Where you’ll find them: Swearing in the aisles at Bunnings or in Tribunal again.

What they buy: The “worst” home on what they think is the best street.
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Pretty much nails it @Jennifer Duke!

 

+ one for worst house, best street! It's a wrong question.

 

Will see if can amend - must've stared at those sentences a million times and didn't pick it up! Thanks!

 

A greedy landlord?

 

No, I thought you really meant to put that statement, Jennifer. It would complement the satire effect of people making classic mistakes.

 

I'll take that

 

This is very clever Jenny! Nice one

 

Hey Jen, what about the :

"Hey, My (Alleged) Mate Is The Mining Minister And I Have This Great Idea For A Training Mine (And I Think He Needs his Tummy Tickled)" Investor vis a vis Ian Macdonald had 'no motive' to favour alleged union mate, court told

and

"Hopefully My Assets Don't Get Frozen If The Wheels Fall Off This (Alleged) Ingenious Scheme" Investor vis a vis Eman Sharobeem not a registered psychologist, regulator says