Hi, I’m Peter Jones, author, property investor, ex charted surveyor. You’ll see that I’m outside an estate agents, and very typically this estate agent also does lettings, and interestingly there’s actually more properties to rent in the window than there are properties for sale. And I always suggest that if you’re starting out…
You may remember that in the last video we were talking about modern method of auction properties and the fact that the auctioneers or estate agents are going to expect you to pay a fairly chunky non-refundable deposit if you are the successful bidder. And there’s a couple of implications of this which I think…
With each property you buy, you’ll learn a lot, not just about the general principles around buying property, but also the specifics, processes and principles to do with your strategy. Buying the first property of any strategy will take you from “not quite understanding how it can work” to “ahh, I get it now”. And…
In my time I’ve met many people who tell me they want to get into property, but sadly some never do it because of fear. Instead, they procrastinate, and make excuses. So, they never buy their first property. Or their second. Or their third. Sadly, just looking, or thinking, or talking about buying property won’t…
When we want to assess the value of a potential buy to let investment property, probably the first place we’re going to look for comparable evidence is Rightmove, or Zoopla, or another similar website where we can pick up evidence from past sale prices of similar, or even identical, properties. But what do we do…
A question I am sometimes asked is ‘what is Net Yield and how does that differ from Gross Yield?’. In an earlier post we thought about gross yield which is expressed mathematically as the rent divided by the purchase price, or the value, times 100. It provides a very basic assessment of the return (from…
A question I’m sometimes asked is what is, “gross yield and when would I use it?” In its simplest form gross yield is the return on the property. Now, often times that’s the return ignoring costs, and the most simple way of calculating gross yield is to take the annual rent and to divide that…
Here’s a myth about property which you’ll hear banded about quite a lot, and that is that property investing is only for rich people, whatever rich means by your definition. Of course, that simply isn’t true. In this day and age access to finance is so readily available that most people could probably invest in…
In today’s Fun Friday, I talk about the opportunities Property has provided me and where it has sent me! This month I am in the Cayman islands WORKING! I cannot overstate how many doors Property opens up to you if you aim at success and work hard and keep an open mind. Here’s to successful…
TGIF Investors! This afternoon I talk about a quote sometimes attributed (falsely or maybe not?) to Mother Teresa- regardless of its actual source- the message is clear- get out and do what you need to do to succeed. Many investors I talk to feel like they took too long to get started and regret not…