They buy low priced high yielding units. They source and buy at a discount. They add value – spending £1 to add £2.50 – £3. They remortgage & buy more. They leverage and keep a contingency fund. They let inflation & compounding l o o k after them. Wash rinse […]
We live in the BMV (below market value) age. No self-respecting investor would attend his or her local property networking meeting, or post on any property forum, if they weren’t negotiating furiously for 20%, 25% or 30% discounts from Market Value. Didn’t buy it BMV? Then hang your head in […]
I’m starting to see ‘property’ in the same light as I see technology, trend setting for those followers of fashion. It’s all apparent to what’s hot and what’s not… And it’s probably always been like this? Let’s face it… Done right, you can’t really go wrong in property… A recent […]
Would you flip a property for £15k profit? Of course you would right? What’s wrong with making £15k clear profit on a buy to sell? Nothing if you get it right. Most investors trip up because they don’t account for all of the costs involved, and can even lose money. […]
In September 2013, HM Revenue & Customs (HMRC) announced a new nationwide campaign, targeting residential property landlords who were not declaring their rental income to the taxman. This is probably the largest (and longest) onshore campaign that HMRC has launched to date and it is likely to affect many thousands […]
A recent survey suggested that only 26% of buy to let investors could correctly define the term ‘gross yield’ whilst just 38% of those asked could correctly calculate their return on investment and gross profit. Rental yields are used to compare properties and also signify the rate of return from […]
Approaching lease options & getting LO Deals From Estate Agents: If you try to explain what a lease option is and how they work to an agent, they’re very unlikely to understand, could well be sceptical or feel its a lot of effort for little proven reward. It will take […]
If you spend your time and money investing in property you’ll want to make sure you get the best returns possible. Here are a few tips to make sure you get the best rent. First, make sure that you, or your managing agents, keep an eye on rents for similar […]
Most people have rash inducing hang ups on Estate Agents. Did you know they’re human too? They need love like everyone else 🙂 Put yourself in their shoes: every man and his dog walking into the estate agencies expecting the best deals; now, just because they’ve recently watched property ladder […]
Following a period of consultation, legislation is to be included in the 2015 Finance Bill which will extend capital gains to gains accruing to a non-resident person on the disposal of a UK residential property. The charge will apply from 6 April 2015 to gains arising on or after that […]
