This is one of the main misconceptions in property: that great deals are found. Yes, it’s true you may stumble across a great deal from time to time. But much more likely is that you’ll find a property (deal) which doesn’t quite work, and you’ll tweak it and make it work. …
After I was made redundant, I spent many years working on my own, as a classic “solo-preneur” building my buy to let, property investment business. I then found the power of working with other people. But, if I am to be totally honest, I don’t enjoy working with people all that much. It has…
Fashions come and go in property as in any other part of the economy. Over the last 40 years we’ve seen Irish theme pubs, Internet cafes, the rise of coffee shops and Self storage facilities, and so on and so forth. And at the same time we’ve seen the demise of the…
If you want a quiet life, then property probably isn’t for you. The reality is, if you want to be successful in property investing, whether that’s in Buy to let, HMOs, SA, Flips or even Commercial Conversions, you need to be able to solve problems. In a simplistic sense it’s your ability…
Is the Private Rental Sector Losing Landlords? Since December 2021, we’ve been hearing a lot about landlords exiting the Private Rental Sector. The narrative goes that rising interest rates, increased mortgages, and political factors have led to this trend. But is this really the case? According to analysis conducted by estate agents…
Who is the most important member of your power team? Well, on the basis that you won’t do many deals if you don’t have any money, I’d have to say it is your mortgage broker. But be aware that not all mortgage brokers are the same. Some are very good, and…
There’s one thing we all need to do, but not everyone wants to do it. I’m ashamed to say, I’m one of them or, at least, I find it hard to do. What is it? It’s setting goals. Like it or not, whatever you want to achieve (in property or in…
One of the core principles of property investing is that, when you can, it’s often better (long term more profitable) to buy a property needing work(repairs and/or improvement). Why? Because it means you can add value, often more value than you spend on the works themselves. But here is the dilemma. Although theoretically that model…
If you want more success in property, then solve more problems. If the definition of an entrepreneur is, as I’ve heard it said, “a problem solver”, then by definition a successful property investor must be someone who solves property problems. So by extension, if you want more success (in property investing), then you…
I have to be honest, this is something which really winds me up. When I hear someone say “you have to do this” or “you have to do it this way”. Especially in property. I really believe we find our own way in property investing. We find our own ways to do things, and to…