I was thinking the other day there are plenty of people who know how to buy a property, but not so many people know how to make money from a property. Why is that? Maybe because we are traditionally a home owning society (although less so now) we kind of think we know how to…
Last week we questioned our due diligence and considered how to conduct a risk analysis that goes beyond the usual checks carried out by a solicitor and the like. In my experience, most problems can be avoided if you’re clear from the outset as to why you’re making a particular…
It’s human nature to only want to do “great” property deals. However, as I’ve mentioned before, there is a danger of getting side-tracked into trying to only do the “perfect” deal. But what constitutes a perfect deal and how can we identify a great deal over a poor deal? It…
Over the past couple of weeks we’ve been looking at what we need to factor in before beginning negotiations on a property, and so logically, the next step is to consider is the price. Once again, I must remind you that the only price you are interested in paying is…
Unfortunately, for some property investors the experience of buying an investment property can be a bit like a jockey’s experience of running the Grand National. They carefully negotiate the hurdles of finding a property, doing their due diligence and analysis and obtaining a ‘decision in principle’ on the finance, only…
Continuing education is vital in every pursuit and profession, and property is no exception. As an author myself, you may be surprised to know that not only have I read (and listened to) literally hundreds of books/audio books about property and property investing, but that on a daily basis I still turn pages and strive…
I had a great couple of follow up questions about how to increase the value of a buy to let investment property from MK after my last videos. Hi Peter I’m looking at low value properties eg 2 bed terraces. What in your opinion is the most cost effective way of increasing the value –…
What would you consider to be a good yield when you go looking to buy your next buy to let property? According to research undertaken by Paragon Mortgages, released in February 2013, during 2012 the average yield achieved by landlords was 6.3%. This is the return purely from the rent, and doesn’t include any return…
Let me give you an example of what I mean by this. I’ve met investors who own property but they’re not entirely sure why they own them. They’re not sure whether they are going to give them much in the way of cash flow, and quite often the figures suggest that the returns are actually…
The competitive nature of buy-to-let, with a large number of lenders offering a large number of flexible schemes, means that almost anyone can now borrow to invest in property. This means that most buy-to-let landlords are just ordinary people who see property as a safe and secure investment, often with a view to investing as…