Saving is good – but it is super dumb if you only save to spend…for instance, to buy a big ticket depreciating asset which is worth less than you paid for it the minute it arrives at your doorstep.
Rebel Property Coach
The “Rebel Property Coach” is Dalton Barrett, a property coach, blogger, author, investor, entrepreneur and lawyer. He has been called a “property polymath” and is author of a #1 Amazon best-selling book QUICK HOUSE DEPOSIT. He has been involved in property for longer than he cares to remember and, starting with zero money, has built a large varied property portfolio. His passion is to help as many people as possible gain security and wealth by owning property. He makes jewellery, enjoys gardening and supports the top football team in London!
For many people, saving is one of the most difficult things to do. But it is one of the easiest skills to master if you go about things in the right way.
If you don’t handle it right, your mortgage can kill you – metaphorically of course. It can leave you in debt, homeless and in tears. Having a mortgage reserve can be a real life saver when it comes to neutralising the dangers of a mortgage.
A powerful way to add value to your home or investment property is to add another room…however, to maximise your financial gain you need to add the right room in the right circumstances.
Welcome to the January 2019 edition of Property Trends the monthly bulletin that focusses on property trends for residential property investors, landlords and tenants.
This month we look at: House prices prediction 2019 – are prices likely to go up or down? The scary future for tenants – why tenants should be very afraid. The slow death of buy-to-let – BTL is dying but it’s not yet dead. First time buyers rising – FTBs are getting on the housing ladder in greater numbers.
At the very time when fewer and fewer people are able to afford home ownership, the future for tenants seems far from bright… in fact it seems very worrying.
It is not just sensible to buy a property with someone else, it is smart and can save you a ton of money, time and effort in many cases. When it comes to property buying, two is often better than one.
As a property coach committed to helping people achieve their property goals, the obstacle I often come up against goes something like this: “I don’t have any money and can’t save the amount needed to fund a property deposit or to invest”.
Anyone who thinks there is a bright future for buy to let (BTL) has issues with reality recognition. But is it really RIP for the investment of choice for the small guy over the last twenty odd years?
It is that time of the year again! Resolutions time! You know, those things you promise to do on the first of January but have forgotten about by the twenty first.