Many new investors are often confused about what to do next having decided upon a possible investment area or areas. A classic mistake is often to jump in and start researching properties for sale with a view to identifying a specific property for purchase. This is NOT the first thing you should do. Researching which…
When starting out in property it’s easy to believe that it’s all about buying below market value; after all, no self-respecting investor would attend a property networking event or post on any property forum if they weren’t negotiating furiously for 20%, 25% or 30% discounts from market value. But as I’ve mentioned before, although we…
Finance costs tend to be the greatest expense for any buy to let investor and those looking to hold and rent a property will need to think carefully about finance to be on the right path towards guaranteeing a profit. Any increase in the value of a property following a refurbishment can be potentially drawn…
Buying a property that needs a bit doing to it and giving it a bit of TLC and a quick refurb can be one of the easiest and most satisfying ways of making a profit in property. But before you can begin to enjoy the benefits of forced appreciation, you must first tackle the complexities…
Finance costs tend to be the greatest expense for any investor and those looking to hold and rent a property will need to think carefully about finance to be on the right path towards guaranteeing a profit. Any increase in the value of a property following a refurbishment can be potentially drawn out using finance…
Having mentored a number of aspiring investors, I’ve come to realise that many start out believing that if they buy a property to rent out they will automatically make a profit. Their line of thinking usually follows that if they can buy enough properties they will make a lot of profit, and will then be…