11 Rookie Real Estate Investing Mistakes
11 rookie real estate investing mistakes commonly deal a fatal blow to the ambitions of first-time real estate investors. The
Tag: property entreprenuer
THE SCARY FUTURE FOR TENANTS
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.
TWO IS BETTER THAN ONE
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.
THE FIRST RULE OF MONEY
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”.
ASKING PRICES CONTINUE TO FALL
Rightmove house price index for December 2018 shows that asking prices are still falling at a significant rate – down 1.5%, equivalent to a drop of £4,496 for the average property. The fall the previous month was 1.7%, giving a drop of 3.2% (or £9,719) over two months, the biggest two month fall since the same time of year in 2012.
PROBATE PROPERTY ROCKS
If you are looking for a property bargain, buying a probate property is one of the best ways to do so. But there can be costly practical drawbacks to buying this type of property…
HOME AND BUSINESS COMBO
There are several less well-known but cost-effective ways to become a homeowner. One of them is a “home and business combo” – more commonly known as semi-commercial property.
THE BREXIT PROPERTY BOOM
The general view of the whole Brexit circus is one of doom, gloom, anger and dissatisfaction. But could there be a silver lining for house prices? Are we set for a Brexit property boom?
THE REVOLUTION IS COMING!
There is justifiable talk that builders and developers are getting closer to their “Uber moment” – with the threat being modular or factory built homes.
SELLING BEFORE A CRASH
A lot of people lose sleep about selling too late when a property crash looks like it’s on its way. However, the reality is that there is little to worry about – unless you really need to sell in the year or two.