Another word for over cautious is fearful, and fear can often show itself by us making excuses not to take action, even if we know that those actions are the right actions to take. The result of fear can be a lack of action, or it can manifest itself as internal sabotage when you do…
DetailsFor those who are relatively inexperienced the prospect of buying an investment property can seem daunting. In fact many new investors may feel overwhelmed at first. I guess one of the reasons for this is that property is an all or nothing thing. Unless you buy shares in a property company, or join a part…
DetailsThe FTSE came into being in 1983 and was based at 1000 on 31st December 1983 meaning the index has grown by 400% to the present day. In the meantime the Nationwide Index (SRQI) has increased from 59.5 to 300.2, an increase of 504%, and the Halifax Seasonally Adjusted Index has risen from 102.3 to…
DetailsNow, in terms of curiosity, all investors will be wondering which investment will give the better return, and our buycurious investor will be wondering about the relative merits of property against any other type of investment. So let’s instantly dismiss deposit accounts and savings accounts from our list. Many banks are not even bothering to…
DetailsBicurious or buycurious? If bipartisan can be defined as being where two, often opposed, parties are in agreement, and bilingual as describing an individual who can speak two languages, then bicurious can surely be defined as meaning a person who can be simultaneously interested in two distinctly different things. Well, no, not exactly, unless one…
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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 –…
DetailsEven in the world of buy to let familiarity really can lead to ‘contempt’, especially when it comes to property management and arranging property repairs. Because the bulk of my buy to let properties are around 150 miles from home I have a number of different managing agents who look after them. Delegating the management…
DetailsIf you’ve read much of my material you know that I often have a lot to say about the media in their reporting of buy to let in particular, and the property market in general. This is certainly not because I think the media is a useful source of unbiased, objective information which I can…
DetailsIn my last post I talked about how the media can influence market confidence and how media coverage of the property market seems more positive now than it has been for a long time. As example I quoted the Daily Express of 1st April which reported that the Centre for Economics and Business Research is…
DetailsIn this short series of posts we are thinking about whether the property market is poised for recovery and whether there is any evidence that the recovery has started. One thing I have noticed is a much larger number of estate agents ‘Sold’ signs, and far fewer ‘For Sale’ signs, in my local area. The…
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