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…

In the last post we talked about the pitfalls experienced by investors who go into the negotiation process of trying to buy their investment property or buy to let property without gathering all the necessary information. In fairness, sometimes it’s not their fault. Actually, it is something of a quirk of the property system in…

Unfortunately, for some property investors the experience of buying an investment property or a buy to let property can be a bit like a jockey’s experience of running the Grand National. They carefully negotiate the hurdles of finding a property, doing their due diligence and analysis, and of obtaining a ‘decision in principle’ on the…

Sensitivity Analysis graph (du dil 7)So far we have been thinking about single factors or one-off events. But the property market is highly complex and there are numerous things that can affect the performance of the market as a whole, and individual properties in particular. So you might want to do an analysis that considers…

Let’s have a more detailed look at how we can do some risk analysis. Often the different scenarios are not as black and white as our rudimentary analysis suggests and we might want to assess the risks of, and look at the consequences of, events within a range of possibilities. What do I mean by…

Having asked the relevant questions, you may identify a scenario that could happen. Whether it is, in reality, a worst case scenario is to some extent subjective and probably a matter of semantics. But if you have identified a possible negative outcome of owning a particular property, you will need to clarify what this means…

In my experience, from having spoken to, and from having coached, numerous would-be investors, in most instances the limiting belief behind both of these behaviours is “fear” – usually the fear of making a mistake. This in turn feeds the fear of “losing everything”. This might sound very bleak but, again in my experience, without…