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…
Property Strategies (Part 4) This week we’re going to be thinking about HMOs or Houses of Multiple Occupation. Back in the day, we would have called an HMO a bedsit – in which a number of people live together under a single roof, each with an individual room that they rent out separately. Today,…
Property Strategies (Part 2) Last week we took a look at basic buy to let investing and this week we’re going to look at more sophisticated ways of doing this strategy. First of all, though, let’s just recap. At the most basic level of investing, we could buy a property, put a tenant…
Property Strategies (Part 1) Given that many of you reading this blog post are new to investing, over the next few weeks I’m going to be looking at the different types of property strategies and the pros and cons of each. By the way, this doesn’t mean that if you’re an experienced investor…
10 Things I’ve Learnt (Part 10) This is the final instalment of 10 things that I’ve learned over the last 20 years of investing in property for myself, and the last on the list is this: You have to get started now. Although it sounds rather ironic, when I started out on my own…
10 Things I’ve Learnt (Part 8) This week we’re onto number 8 of ten things that I’ve learnt over the last 20 years of investing in property for myself, and number 8 is this: “Don’t try and do it all on your own”. It appears that beginner investors and entrepreneurs get struck down…
TO SIGN UP TO MY NEWSLETTER, PLEASE CLICK HERE 10 Things I’ve Learnt (Part 2) In this blog post we’re going to continue to think about 10 things which I’ve learnt over the past 20 years of investing for myself. Number two on the list is this: “Most Things That We Worry About…
Property and UK Tax Part 6 Occasionally I meet property investors who are very earnest and who tell me that their main priority is to leave a legacy for their children. What they would really like to do is to set up their businesses in such a way that they could have what would…
Last week we began exploring whether house prices really do double every 10 years and we looked at a real example of this in practise. But is this example an anomaly or does it actually show that the trend is true and still correct? To answer this question and to be able to see…
Last week we looked at what an SPV is and how it is not a specific type of entity but instead a vehicle that is used for a specific purpose to help you achieve your goals. We also considered that it could be a limited company, partnership, LLP or any other type of entity. This…