What Investment Strategy should I choose?
With so many investment strategies out there how do I know which one is the best, should I go for Lease options, HMOs, LHA properties, SARB, flipping properties, RMDs?
You will have undoubtedly been to all the seminars, spoken to all the experts selling their unique workshops, spoken to countless fellow investors and some of you will still be confused as to which way to invest.
I’m going to give you my opinions as to the pros and cons regarding the most common investments strategies that are being promoted as the next best thing. Some you will agree with, some you wont, the point is to at least have an opinion about them which will help you choose investment strategy. Read more…
Categories: Buy To Let, Strategy Tags: flipping, HMO, investment, investors, Lease, no money down, options, property, SARB, seminars, sourcers, Strategy
When I started property investing 5 years ago I did the old fashioned way, released money from my home, bought a couple of terraced properties, waited for them to increase in value and then remortgage. Then around 2 ½ years ago I stumbled on No Money Down or NMD. I thought all my Christmas’s had come at once. I couldn’t believe that you could buy property this way. There had to be a catch! But there wasn’t, I just kept buying and before you knew it id bought 35 houses within a year.
Then the unthinkable happened, the credit crunch and the demise of Mortgage Express, I was devastated. What I thought was my God given right to buy properties in this way, was snatched away from me, just as I was planning my early retirement (I was only 29 at the time) Read more…
This really depends on the strategy of the individual. Sourcing companies can free up your time immensely so that you can get on with the day job, they are for some investors a necessity, especially for those who are just starting out and rely on these companies for advice and guidance.
Sourcing companies are also needed for investors who live out of the area and have no intention of carrying out high levels of due diligence. If you want high yielding, low priced properties then the North tends to be the place to look and for some southern investors they would rather rely on the experience and knowledge of experts in that area. Read more…
