"Why You Shouldn't Buy Another Buy to
Let Property Until You've Read This Article"
by Neil Stelling BSc, MBA
The Buy to Let market has boomed in the last 3 years.
But if you haven't started, or if you've only bought a couple of
investment properties, is it too late ? Have you missed the boat ? As you
read every word of this article, I'll look at this question in
detail.
The Property Clock
Any area must belong to one of the 4 hotspots. In
fact, over time many areas rotate through the different
quadrants as market conditions change. |
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Why is it so important to answer this question, 'Have I missed
the boat ?'
Quite simply, if you invest in the wrong place at the wrong time,
it could mean financial disaster. If you can't get tenants, and the
price of your buy to let property falls, then your retirement fund
or your dreams of a property empire quickly turn into dust.
Let's avoid that awful scenario by analysing the current market,
and working out your best approach.
High Yield, High Capital Growth Areas
Despite the increasing competition, it's still possible to find
good Buy to Let investments. Many areas are now yielding 5% or less,
but undoubtedly there are still areas where you can get closer to
10% + yield.
So how do you classify areas, and what should you look for ?
The Property Clock analogy will help simplify your
decisions.
Can you see how this structure would help you plan your
investment property decisions ? If you want to know more
about the Property Clock, you can get a free report for immediate
download. (pdf format you can print) Just fill in your details in the box on right of this
screen.
As an extra bonus, you'll also get a free 6-part Buy to Let
mini-series delivered over the next 12 days.
These are the titles of each part :-
- The Essential Buy-to-Let Calculations ... is the
property worth buying ?
- What about Capital Appreciation, I hear you say ! ... should
you view it as a bonus, or an essential ?
- How to achieve a higher return of 12% ...
- Refurbishment ... should you refurbish or not ?
- What to look for when viewing a property ... you won't be
living there, so don't buy it for your own tastes...
- Making an Offer ... when it's essential to make an
immediate offer, and when it isn't.
Good luck in your Buy to Let investments. Done properly you can
build a property empire, or at least provide a nice retirement fund.
costa del sol property - uncover stunning deals on costa del sol property
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