The founders of Platinum Property Partners spent many years refining - and subsequently franchised – a system for generating significant monthly cashflow from investing in a specific type of buy to let property. They believe making the best returns in 2010 is going to be all about investing in ‘profitable boxes’, underpinned by sound business fundamentals.
When investing, most people concentrate on the ‘deal’ they are getting and whether it works in today’s market. However, since the property price falls of 2007 left many investors who wanted to cash in for their retirement in dire straits, and with the demand and supply of property likely to change in the future due to demographics, it’s essential to have a good idea of when is the right time to sell your investments.
Re-defining the way we do business to take account of wider employee and community needs will help kick-start economic and social recovery, says entrepreneur and multi-millionaire property investor Steve Bolton. Responding to the need for more visionary thinking and leadership in business, Steve is challenging UK companies to adopt a bit more ‘smart altruism’ in the boardroom.
If you’ve never invested in property before, using a consultant makes sense. However if you’ve successfully invested by yourself over the last 10 years or more it might be difficult to understand why you need anyone else’s help. However, the next ten years are not going to be as easy to make money in as the last ten. Valuing properties is a very difficult task, finding ones ‘below market value’ isn’t easy; knowing what tax you’ll have to pay when you cash in your investments isn’t straightforward and finding an area that won’t be oversupplied with properties to rent and buy is going to make buy to let investment harder and harder over the coming years.
In today’s recessionary times, with falling house prices and rental income, what you have to do to become or even remain a Buy to Let Investor. Follow our top five tips below as a quick guide to how to succeed.