How to go about obtaining the necessary funds to purchase a property from an auction all depends on what you intend to do with it once you’ve bought it. For example, if you intend to sell the property quickly for profit, you would be unwise to tangle yourself up in, […]
Robert Allen, author and self-made property millionaire, in his excellent book Nothing Down for the 1990’s, suggests an interesting plan by which we can all retire early and live off a plentiful supply of untaxed income. Does this sound too good to be true? Well, actually, it probably is, although […]
If you thought that the amendments in the Localism Act were going to solve all confusion regarding the tenancy deposit scheme – forget it! There is presently a discussion raging (or there was, its cooled off a bit now) on my blog about rent v. deposits. As you know, often […]
I have seen countless bargains and there are some real opportunities to be found in auction houses all over the country, and I am going to tell you how to exploit them. You must, however, be prepared to do your research – and get your timing just right. I know […]
Guide Price Range Each lot will usually have a guide price or, more likely, a guide price range. For example, ‘£150,000 – £170,000’. This figure normally refers to what the auctioneer thinks the lot will sell for at the event but can occasionally refer to their perception of the property’s […]
A few years ago I surprised even myself: I’d completed on one property, I’d another completing shortly, and had offers accepted on fourteen others. After a period of selling to rid the portfolio of the less-well performing properties, when all these purchases would be in the bag, I’d have doubled […]
First Impressions Count Consider the first impressions. ‘Kerb appeal’ is the expression that’s most often used to describe how a property should look to buyers seeing it for the first time. What you are really aiming for is a property that looks well-maintained and is clean and tidy. Buyers want […]
There is a common perception that landlords have an easy life. They just sit back and wait for the money to come rolling in! Well this may be the case for some landlords, but it by no means the case for all. And if you want to manage your property […]
“It’s the law of supply and demand. Real estate, especially residential property, is a commodity that is in critical shortage and for which there is enormous demand. It is a necessity, not a luxury. People can’t print up 100,000 new homes as they might print up a stock offering. That’s […]
I went to the pub last night with a fellow property investor who is also a good mate of mine. We often get together to chew the fat. This is part of the mastermind theory of having a supportive team around you. This shouldn’t just be a team of technicians: […]
