Why Lettings Agents should be your BEST friends!

Hi, I’m Peter Jones, author, property investor, ex charted surveyor.   You’ll see that I’m outside an estate agents, and very typically this estate agent also does lettings, and interestingly there’s actually more properties to rent in the window than there are properties for sale.   And I always suggest that if you’re starting out…

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MMA? Did you know this crazy thing happens with SDLT and Mortgages

You may remember that in the last video we were talking about modern method of auction properties and the fact that the auctioneers or estate agents are going to expect you to pay a fairly chunky non-refundable deposit if you are the successful bidder.  And there’s a couple of implications of this which I think…

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The one thing that keeps most would be property investors poor

In my time I’ve met many people who tell me they want to get into property, but sadly some never do it because of fear. Instead, they procrastinate, and make excuses. So, they never buy their first property. Or their second. Or their third. Sadly, just looking, or thinking, or talking about buying property won’t…

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No comps on Rightmove? Then how do we value our buy to let?

When we want to assess the value of a potential buy to let investment property, probably the first place we’re going to look for comparable evidence is Rightmove, or Zoopla, or another similar website where we can pick up evidence from past sale prices of similar, or even identical, properties. But what do we do…

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Net Yield Explained

A question I am sometimes asked is ‘what is Net Yield and how does that differ from Gross Yield?’. In an earlier post we thought about gross yield which is expressed mathematically as the rent divided by the purchase price, or the value, times 100. It provides a very basic assessment of the return (from…

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Gross Yield Explained: Buy To Let Investing

A question I’m sometimes asked is what is, “gross yield and when would I use it?” In its simplest form gross yield is the return on the property. Now, often times that’s the return ignoring costs, and the most simple way of calculating gross yield is to take the annual rent and to divide that…

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You Don’t Have To Be Rich To Be In Property

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…

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Property Takes You Anywhere!

In today’s Fun Friday, I talk about the opportunities Property has provided me and where it has sent me! This month I am in the Cayman islands WORKING! I cannot overstate how many doors Property opens up to you if you aim at success and work hard and keep an open mind. Here’s to successful…

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Life Is A Game, Play It!

TGIF Investors! This afternoon I talk about a quote sometimes attributed (falsely or maybe not?) to Mother Teresa- regardless of its actual source- the message is clear- get out and do what you need to do to succeed. Many investors I talk to feel like they took too long to get started and regret not…

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