No 5:
Is your attitude to risk. We each have our own individual risk ‘threshold’ and our perception of risk and attitude towards it changes over time. Property investment, like life, is not totally risk-free and you have to come to terms with that if you are to make any kind of progress. Just remember how scary it was when you got on a bike for that important first ride or when you had your first driving lesson, and now you do those things without a second thought. It is the same with property investment. Very quickly you’ll get used to thinking in terms of large amounts of money and your risk threshold will change, as you gradually become a professional property investor.