In this post and video I tell you how you can boost your spending power and buy your (buy to let) property investments through taking Equity out of your own home! This is a two-parter, so watch for Episode 2 of this question next Wednesday. Here’s to successful property investing! Peter Jones B.Sc FRICS Chartered…
Is it really possible to buy property Below Market Value? And what does the term Below Market Value actually mean? Anyone who is involved in buy to let long enough will come across BMV and most of us will want to buy property at BMV or bargain prices. In this video we’ll have a look…
Last week I answered a question regarding finding the right SIC code for a new Ltd Company. Please find the video here! Due to Section 24, many of us are moving to using a Limited Company as the vehicle through which we conduct business in the Property Industry. It can be a lot more tax…
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…
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…
The best way to treat buy to let as a “business” is to plan for the long term. And, whilst it can sometimes be tempting to cash-in early and take your profit, you have to remember that the greatest benefits of property are obtained in the later years NOT the early years. To catch all…
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…
In the last series of videos that I shared with you, I looked at how to find properties to fit the various types of strategies. But, how do you buy the RIGHT property for your chosen strategy? After all, whilst this sounds obvious, the secret to becoming a property millionaire is exact that – buying…
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…