Why a Deal That Works on Paper Can Still Be a Bad Investment
property due diligence, bad investment, gross yield, cash flow, property risk, buy to let mistakes, tenant demand, exit strategy
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Basic Checks You Must Do Before You Buy Any Investment Property
I’ve become very aware recently from talking to other investors that if we’re not careful we can get so excited, or so enthusiastic, or so keen, or even so desperate to buy property and to start building our portfolio that we can end up buying properties which we shouldn’t otherwise have bought. There is a…
Why and How to do your Due Diligence
In this episode of Property Spotlight I begin to cover Due Diligence, an important facet of being an Investor in any asset- not just Property! When buying any property investment, you need to know what you are buying and WHY you are buying it. So what should you look for, and what should you think…
How do I make sure my deals work?
This week I answer a question from Jake, a budding investor who is keen to know; “What are the criteria I use when assessing whether a deal is viable?“ …And whether these criteria can be applied to BRR (Buy, Refurbish, Refinance) in terms of Rental Demand, Yield and Return on Investment (ROI). (You can find the…
The Investment Fundamentals of Buy to Let
The biggest mistake I see time and time again is that buy to let investors put very little thought into what they buy or why they are buying it. As a consequence, many buy the wrong property or properties, which are totally unsuitable for their needs or goals. The key to becoming successful in property…
Questioning your own due diligence
When you say the term “due diligence”, most investors will naturally think about the basic checks anyone undertakes before buying a property. In fact, most investors will probably think of due diligence as being something they do after they have agreed terms to buy a property – having a valuation…
Common mistakes in property investing
It’s not easy to identify what makes a good property investor and what makes a poor property investor. However, over the years I’ve recognised a number of mistakes that poor property investors make that the good ones don’t. With this in mind, this week I’m going to highlight some of the…
Negotiating to Buy Your Property Investment Part 5
We’ve been looking at what we need to be sure of before we agree terms on a purchase. of a property investment or buy to let property. The first thing to remember is that the only price you are interested in paying is the price that works for you. You will know how much you…
Negotiating to Buy Your Property Investment Part 4
In the last post we were considering how, in the context of negotiating, communication and active listening is essential to understand what is important to the other party when we are negotiating to buy a property investment or buy to let property. How do we know what someone really means? How do we know what…
Negotiating to Buy Your Property Investment Part 3
We’ve been looking at what you need to do to ensure you can negotiate the best possible terms and price for your property investment and buy to let properties. The most likely way of achieving a mutually satisfactory outcome is to negotiate from a position of mutual trust. And often this is most likely the…