At a time when the property market in the UK looks like it’s set to stagnate for at least a few more years, buying investment property abroad can provide an interesting alternative to the “vanilla” option of buying UK buy to let property.
Depending on where you buy, overseas property can provide bigger discounts from ‘market value’ and have increased, or more immediate, prospects for capital growth.
However, with many governments adopting “austerity” measures with resultant economic and political uncertainty, it’s natural that investors looking overseas will be more cautious now than they have been for a long time.
The truth is that no matter what the prevailing conditions are like, generally speaking, a property deal is only as good as the due diligence undertaken by the investor.
If an investor puts the effort into prior research, then they can buy with much more confidence and avoid most of the problems which other property buyers face.
As a first step in the due diligence process, in this brief report I detail 8 of the key questions I think you should be able to answer before you commit to any overseas purchase.
If you can answer these 8 questions you should be able to eliminate most, if not all, potential nasty shocks and will have a far better understanding of the local market on which to make an assessment of risk.
Even a cheap property can cost a lot of money and so anyone thinking of taking the plunge in property investing need to give themselves the best possible chance of getting it right from the start. Once you sign your first purchase contract you’re committed and there’s no going back. If you make a mistake, or discover that property investing really isn’t for you, extricating yourself can be a messy business.
On the other hand, if you start off properly prepared and aware of what being a property investor will involve for you, personally, then you have every chance of making a success of it and finding it a positive and worthwhile experience.
This short report is a brief check-list of some of the things I think it’s helpful to think about before starting in property.
Some might seem obvious but many are much less obvious. I’m often surprised at how many people will happily spend hundreds of thousands of pounds on a property or properties without having first thought about some of even the most basic aspects of being a property investor.
For example, many new investors never consider what their exit strategy is until they’ve purchased.
Others don’t think about how much time being an investor takes, even as a part-time investor, and how that can affect their investment decisions, or the implications for where, geographically, they are going to buy their properties.
Few think ahead to how active they want to be in their business. And many purchase a property without first taking proper accountancy advice as to the best way to structure their property ownership, and then have to spend time and money unravelling it and starting over correctly.
A little bit of preparation and planning in advance is time well spent and makes all the difference.
Making money renovating property can be easy … but only if you know what you are doing! A lot of people think they can make money by renovating property …until they try it!
With the popularity of TV programmes like “Property Ladder” and “Homes under the hammer” it seems like every one wants to try their hand at property renovating.
And on the face of it, that’s a good idea. After all, it can be highly profitable.
But the shocking truth is that very few renovators actually make any money from it! Worse still, many lose money.
But by using a few simple but powerful techniques you can guarantee yourself a profit every time.
I’ve been renovating property since 1995, either to keep and rent out, or to sell-on at a profit.
I’ve literally lost count of how many houses and flats I’ve renovated but at the moment, at any one time, I’ll usually have 3 or 4 projects on the go.
I want to share my experience and knowledge with you so you can save time and do the things that work, and avoid the things that don’t.
In this brief report I’ll give you ten of my top tips on how to renovate property and make a profit including:
How you can accurately assess the profitability of a project before you start, and work out to the penny how much you should make
Why doing the work yourself is often a false economy
The unseen interest charges you need to account for
12 things you need to have on site to keep your contractors happy
Why it’s important to get the contractors on site in right order – an obvious one but something that’s often overlooked in the excitement of getting the job done
And other little titbits based on my 18 years of renovating property for profit.
If you’re serious about renovating property for profit then for less than the price of a pint of beer let me help you to get off to a flying start and give yourself the best possible chance of a successful outcome every time.
And when you buy and download your copy of Ten Top Tips For Property Renovation Profits I’ll show you how you can receive more property ebooks from me, free, as a bonus and as a thank you from me.
It’s no surprise that buy to let has been a phenomenal success over the last decade.
Buy to let can provide extra income, a nest-egg for the future, cash lump sums, and can supplement your pension. It can even provide a replacement income and set you free financially.
All in all it makes perfect sense; perfect sense, that is, when it’s done properly.
Most people can buy a property but sadly very few people buy the right property.
However, a little prior knowledge can make all the difference and can help ensure a profitable and successful outcome every time.
In Ten Tips to Prosper in Buyto Let I’ll share with you ‘must know’ information to help you make the most of the ‘buy to let’ opportunity.
I’ve been directly involved in buy to let for over 13 years and during that time have put together a portfolio of 61 properties, having started from scratch and using very little of my own money.
Time and again I see investors buying the house down the road because it’s “handy”, or because it’s a “nice house” and the sort of house they’d like to live in themselves.
Purchasing buy to let property based on criteria like these is one of the main reasons why some investors get their fingers burned, and why many others don’t make the returns they hope for.
That’s why in Ten Tips to Prosper in Buy to Let I’d like to share with you my considerable experience of buy to let and show you the things you need to know and think about which will make a real difference.
Amongst other things I’ll show you:
*Why you need to set your property goals and plan to achieve them
*The dangers of thinking short-term
*How and why you should measure your progress
*Why you should never plan to rely only on capital growth and equity
*Why finding the right finance is as important as finding the right property
*Why you need to set your emotions to one so side so you can make the best investment decisions
*Why you need to understand what your tenant wants before you part with your money
*The truth about cash-flow – why you’ll never get to keep as much rent as you think you will and what to do about it
*Why you need to prepare a detailed budget and know your costs inside out
*Why you need to rely on your own judgement and not look to others to make decisions for you
*Why you need to invest in yourself and enjoy continuous education
In Ten Tips to Prosper in Buy to Let I want to help you to avoid the basic but costly mistakes many investors make, and instead help you on the right road to property success.
If you’re serious about being successful in buy to let then for less than the price of a fancy coffee I can help you on your way.
When you buy your copy of Ten Tips to Prosper in Buy to Let I’ll even show you how you can get more property ebooks by me, free, as a bonus and as a ‘thank you’ from me.
“Why would anyone in their right minds want to invest in the UK Property Market Right Now?”
That’s a great question and one I’m asked all the time, and even whilst I’m being asked, people who are in their right minds are quietly snapping up as many property bargains as they can.
In this short ebook I want to show you why and how you, too, should be taking the opportunity to buy in what may prove to be one of the best times ever to buy UK property, before it’s too late.
Although the UK property market is usually portrayed as being ‘weak’ or ‘stagnant’, in many respects things are very positive. Just think about this:
*Buy to let is not only surviving the credit crunch but is booming.
*The private rented sector is stronger than it has been for decades.
*Property can be bought at substantial discounts and at bargain prices.
*Finance is still relatively easy to obtain when you know how.
Despite this there’s a widespread misunderstanding of how property investment works and why this is actually a great time to buy property. As a result many potential buyers are going to look back in the future and see that they’ve missed the boat.
It’s often said by those in the know that it’s easier to make money in a down or stagnant property market than in a rising market. The trouble is that very few people know how to take advantage of those market conditions.
That’s why in Why Now is a Great Time to Buy UK Property I will tell you:
*Why we live in financially uncertain times and how why things are not going to go back to normal – how we respond to this will shape our financial futures
*What’s really happening in the market and why a stagnant market could become a ‘surging market’ almost overnight
*The often overlooked market driver which could result in prices doubling over the next 10 years. Sounds far fetched? It isn’t, it’s just common sense.
*The difficulties faced by existing investors and why new investors may find things easier
*Is traditional property investing even still relevant?
*The 6 major benefits of owning investment property
*How property investing can work when bank finance is still hard to get
*The alternative to conventional finance which many investors are using instead
*Why the reports of the death of No Money Down are greatly exaggerated and how ‘Little Money In’ is alive and kicking
* Why you don’t have to rely on bank finance
*The simple technique which allows investors to control a property without buying it – in may ways this is better than ownership
This ebook is for you if you want to know what’s really happening in the UK investment market and why now is the time that you should be buying.
If you’re serious about property investing then for less than the price of a sandwich you can download these valuable tips and pointers right now.
And when you download your copy of Why Now is a Great Time to Buy UK Property I’ll even show you how you can receive more property ebooks by me as a free bonus and as a thank you from me.