For most of us we are probably going to start building our property portfolio by vanilla buy to lets and we are probably going to fund these using buy to let finance. Buy to let finance is great. A typical buy to let mortgage is probably going to be a 75% loan to value mortgage.…
I have had a question from a young lady called Val. I’ve known Val for a while. She purchased my Quick Start Guide To Buying Your First Investment Property and The Accelerator Plan for building a portfolio, so I’ve been giving Val a little bit of advice and help. I hope she wont mind me…
I am sometimes asked ‘what is the best way to buy a property at auction?’ and my answer might surprise you. This answer does not work for every case as there may be some deals where you have to buy the property while it’s in the auction on the day. But some of the very…
One thing that alarms me slightly is the number of people who appear to come into property with very naïve expectations that everything is always going to go well. There is something to be said for that because I’d much rather that someone is positive not negative, I’d much rather that someone’s got an optimistic…
One of the myths you’ll hear banded around about property is that it’s a bit of a scam and a get rich quick scheme. And of course, it’s neither of those things. I guess people say it’s a bit of a scam because the media like to portray investors and landlords as being bad people.…
There is a quality we need as property investors which I don’t often see discussed. In fact, I don’t think I have seen any videos on this, although maybe there are some out there that I haven’t seen. I certainly haven’t seen any training courses on this. The quality that I think that we need…
I’ve had a question in from a viewer asking ‘What are the responsibilities of a landlord?’. There’s two different ways at looking at this. Firstly, from a moral point of view the responsibility of the landlord is to provide good, safe, sound, watertight, good quality properties so that the tenant can live in relative comfort.…
A question I am sometimes asked is ‘how do I know what type of property to buy?’ which is a great question. The starting point for me would be maybe a bit of a convoluted process, but I think it’s really important to get the foundations right. Firstly, sit back and consider why do I…
Why do so many investors start with buy to let? I suppose buy to let is the foundational entry point for property investing. Most people understand the concept behind buying a flat or a house and then renting it out to a tenant. One of the great things about buy to let is that there…
Here’s a myth about property which you’ll hear banded about quite a lot, and that is that property investing is only for rich people, whatever rich means by your definition. Of course, that simply isn’t true. In this day and age access to finance is so readily available that most people could probably invest in…