How much value does having furniture in a property add to the value of the property?” You can find the video at: https://www.youtube.com/watch?v=bEgk3x5WSvo This week I had an intriguing question from a listener regarding increasing the value of property through furnishing it. Our first glance assumptions will be that furniture isn’t really something to consider when…
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…
Successful property investors have a clear idea of what they are trying to achieve, they have a strategy and they have a plan. As the old saying goes “If you don’t have a destination in mind, any road will get you there” but successful investors know exactly where they are going and how they are…
If you don’t know the value in a deal then it’s unlikely you’ll make a profit. Paying too much for a property or alternatively selling it too cheaply will make or break a deal, and if you want to be successful you need to learn not to do either. So, let’s think about how to…
A key adage in property is that you shouldn’t buy a property unless it’s showing, or can show relatively quickly, a positive cash flow – unless, of course, you have other reasons for doing so. If you’ve been reading my blog posts for some time now – or if you’ve studied any of my learning…
Estate Agents (Part 13) Over the past couple of months, we’ve been thinking about how and where to find our property deals. We’ve looked into buy to lets, flips, serviced accommodation, rent to rents and commercial conversions – but, what approach should we take if we’re looking to undertake some of the more creative…
Estate Agents (Part 12) It’s time to think about commercial conversions and how to find deals that will fit this strategy – but first, I want to think about why we would want to do commercial conversions in the first place. After all, from the outside, these sound like big deals and a lot…
Estate Agents (Part 11) We’re thinking about where to find our property deals and this week, we’re going to give some thought to rent to rents. Now, just to make sure I’m being completely transparent, this is not a strategy which I entertain myself. However, I do know many people who undertake rent to…
Estate Agents (Part 10) Over the last few months we’ve been thinking about where to find our property deals. We’ve covered buy to lets, flip properties and HMOs. As such, we’re now on to serviced accommodation. At its very core essence, serviced accommodation is not dissimilar to buy to lets. The big…
Estate Agents (Part 8) Last week we began to think about flips and crucially how to find our flip properties so that we can find deals to sell on for a profit. Now, where you are going to find these properties is going to be largely determined by the type of flip that you’re…