The Great buy to Let Scam and How to Avoid It
I’m a big fan of buy to let and have been actively investing for the last 18 years. During that time I’ve put together a sizeable portfolio and, through my books and courses, have helped many others do the same.
But there are aspects of buy to let which disturb and worry me.
At best, many investors, especially new investors, are making a basic mistake which could potentially cost them £1,000s in the long-run.
At worst some are being ripped-off, scammed and being robbed blind.
The sad thing is that it needn’t be that way if they were just forewarned and made aware from the start.
Why Now is a Great Time to Buy UK Property (even if you can’t get bank finance)
I am asked this question all the time, and if not in those exact words, usually something close.
Of course, many people who are in their right minds are quietly snapping up bargain after bargain.
10 Top Tips to Prosper in Buy to Let
And buying the right property or properties requires proper planning and a proper understanding of what can be achieved, as well as careful consideration of what you want to achieve.
Over the years I’ve had the opportunity to mentor, either directly, or indirectly through my books, courses and articles, literally thousands of investors and would-be investors.
Again and again I see the same mistakes, mistakes which could often have easily been avoided if they’d started correctly or, once having started, made the right corrections.
10 Top Tips For Property Renovation Profits
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.
12 Questions to Ask Yourself Before You Start in Property
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.
Questions to Ask Before Buying an Investment Property Abroad
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.