Property Opportunities - property prices have doubled roughly every 7 years ... invest in property - Buy-to-let,FSBO's,Letting Agency and Buying abroad.

You cannot afford not to invest in property - but be careful what you buy, do your homework.

You can become a property investor, a letting agent or make money from helping others to sell property.

Property Investment

Average property prices may double every seven years but some properties are better investments than others. In the UK, Buy-to-let has become very popular.

The general idea is along the lines of:

Buy cheap - usually a 'distressed property' or Repossession.
Make cost-effective repairs to increase market value
Re mortgage (interest only) to the maximum allowed (freeing up capital for next investment).
Let the property at a rate that covers the mortgage etc and pays a profit.
Next property please ...

This sounds straightforward but is a balancing act. You have to make sure that you will be able to let the property for enough to cover the mortgage, insurances, agency fees if any etc and still make a profit. This depends on area and condition. There are risks, but if you get it right the rewards are great.

HMO's These are Houses of Multiple Occupancy and are an alternative to letting out a complete house to one tenant. HMO's do have to be registered however and there are many extra legal requirements.

Repossessions are often a good way to get undervalued properties. When a property is repossessed due to repayments not being kept up, the selling institution just want their money back quickly and are not looking for top dollar.

Auctions are also a good way to get investment property but do your homework before-hand, decide on the maximum you are prepared to spend on it and don't go any higher.

Do not get caught up in the bidding and just keep going. Make sure you know what 'bidding off the wall' is (Auctioneer appearing to get bids when in fact there was none).

Land can be a good investment, especially in this country now the government is pushing housing development into green-belt areas, but planning permission makes all the difference. Make sure you know what you are doing!

Get some training, it may cost you £1000 but a mistake could cost you a lot more (look at our comments on Education)

Letting Agency

There are other ways of getting into the property business. How would you like to have your own Letting Agency? You could set up your own starting from scratch, learn the relevant legislation, build your own web-site etc.

However you could streamline this. It is possible to get what is effectively a franchise with a customizable web-site for about £600 . Check out Letting's Agency

FSBO's

FSBO (For Sale By Owner) - An estate agent typically charges 1% to 2% commission for selling a house. Since this may amount to several thousand pounds, there are many people that would like to avoid this.

It is questionable as to whether or not this is a false economy, but since that is their decision to make, at least you can offer them a service that would make it easier for them.

Have a look at Property Portal and have a look at I am Selling

Alternatively look for people selling their house this way, you may pick up a bargain, but you still need to do the math!

Buying abroad

Globalization brings poor and wealthy nations together, eventually things will even out. For the property investor that means that a property in a poor nation is going to appreciate in value even more than it might otherwise.

Beware however that there are many companies trying to sell you properties abroad at a price well above the local going rate. They hope that you will not do your homework. They will probably find many buyers that don't.

It has never been easier to buy property abroad but make sure that you can live in it as well. Even though you own property in a country, you may not be able to easily gain residence and may be limited to a few months at a time on a visa!

Don't rely on the house prices you are presented with being representative. One way to check it out is to actually go there and look around, see what local estate agents are offering and read the local newspapers.

That may not be practical unless you are going on holiday anyway, but what you often can often do is find the local newspapers on the internet.

Have a look at International Newspaper Finder.

Mortgages may not be available everywhere, or may require you to be resident or may be at a high interest rate. Don't forget to get a survey before committing and remember that laws are different in different countries. Seek legal advice before making any commitments.

Lastly

There will be a lot of people trying to rip you off. Don't believe everything you read or are told. Have a look at Dangers.

In the UK at least property prices have doubled roughly every 7 years since WW2!

Information Links

Related Links

Headlines

You cannot afford not to invest in property - but be careful what you buy, do your homework.

You can become a property investor, a letting agent or make money from helping others to sell property.

Property Investment

Average property prices may double every seven years but some properties are better investments than others. In the UK, Buy-to-let has become very popular.

The general idea is along the lines of:

HMO's These are Houses of Multiple Occupancy and are an alternative to letting out a complete house to one tenant. HMO's do have to be registered however and there are many extra legal requirements.

Repossessions are often a good way to get undervalued properties. When a property is repossessed due to repayments not being kept up, the selling institution just want their money back quickly and are not looking for top dollar.

Land can be a good investment, especially in this country now the government is pushing housing development into green-belt areas, but planning permission makes all the difference. Make sure you know what you are doing!

Get some training, it may cost you £1000 but a mistake could cost you a lot more (look at our comments on Education)

Letting Agency

FSBO's

Have a look at Property Portal and have a look at I am Selling

Alternatively look for people selling their house this way, you may pick up a bargain, but you still need to do the math!

Buying abroad

Globalization brings poor and wealthy nations together, eventually things will even out. For the property investor that means that a property in a poor nation is going to appreciate in value even more than it might otherwise.

Beware however that there are many companies trying to sell you properties abroad at a price well above the local going rate. They hope that you will not do your homework. They will probably find many buyers that don't.

It has never been easier to buy property abroad but make sure that you can live in it as well. Even though you own property in a country, you may not be able to easily gain residence and may be limited to a few months at a time on a visa!

Have a look at International Newspaper Finder.

Mortgages may not be available everywhere, or may require you to be resident or may be at a high interest rate. Don't forget to get a survey before committing and remember that laws are different in different countries. Seek legal advice before making any commitments.

Lastly

There will be a lot of people trying to rip you off. Don't believe everything you read or are told. Have a look at Dangers.

In the UK at least property prices have doubled roughly every 7 years since WW2!

Information Links

Related Links

Headlines

You cannot afford not to invest in property - but be careful what you buy, do your homework.

You can become a property investor, a letting agent or make money from helping others to sell property.

Property Investment

Average property prices may double every seven years but some properties are better investments than others. In the UK, Buy-to-let has become very popular.

The general idea is along the lines of:

HMO's These are Houses of Multiple Occupancy and are an alternative to letting out a complete house to one tenant. HMO's do have to be registered however and there are many extra legal requirements.

Repossessions are often a good way to get undervalued properties. When a property is repossessed due to repayments not being kept up, the selling institution just want their money back quickly and are not looking for top dollar.

Land can be a good investment, especially in this country now the government is pushing housing development into green-belt areas, but planning permission makes all the difference. Make sure you know what you are doing!

Get some training, it may cost you £1000 but a mistake could cost you a lot more (look at our comments on Education)

Letting Agency

FSBO's

Have a look at Property Portal and have a look at I am Selling Alternatively look for people selling their house this way, you may pick up a bargain, but you still need to do the math!

Buying abroad

Globalization brings poor and wealthy nations together, eventually things will even out. For the property investor that means that a property in a poor nation is going to appreciate in value even more than it might otherwise.

Beware however that there are many companies trying to sell you properties abroad at a price well above the local going rate. They hope that you will not do your homework. They will probably find many buyers that don't.

It has never been easier to buy property abroad but make sure that you can live in it as well. Even though you own property in a country, you may not be able to easily gain residence and may be limited to a few months at a time on a visa!

Have a look at International Newspaper Finder.

Mortgages may not be available everywhere, or may require you to be resident or may be at a high interest rate. Don't forget to get a survey before committing and remember that laws are different in different countries. Seek legal advice before making any commitments.

Lastly

There will be a lot of people trying to rip you off. Don't believe everything you read or are told. Have a look at Dangers.

Have a look at Property Portal and have a look at I am Selling

Alternatively look for people selling their house this way, you may pick up a bargain, but you still need to do the math!