For all that the internet has to offer, particularly the instant manner in which we can access information on just about anything, there are times when simply typing a search phrase into your favourite search engine just won’t cut it. One of those times is when you want some solid information about an investment consideration you’re possibly going to pour quite a bit of money into, like property. In this instance it takes more than just Googling “good property investments” to indeed get some insider information on good property investments, which in a way kind of raises some questions about the quality of all this information that’s so freely available.
Anyway, that’s perhaps why blogs such as this one exist — to serve as that much-needed filter of all the readily available information online that can otherwise raise some questions with regards to its validity and usefulness in application, when it matters most. I’ve been fortunate enough to enjoy a little bit of success with some recent ventures I’ve gone into, building up a little bit of money which I plan to pour into the property market. While doing some thorough and ongoing research, I came across what is perhaps the best way of getting information about the property market, particularly for someone looking to invest a little. I came across an e-book which details the outcome of a collaboration between experts who are actively involved in the property market with years of combined experienced to their names. They get really specific with their analyses, drilling right down to the latest market trends across key property investment areas in the UK, including Wales, the South West, and the West Midlands — an area I’ve personally been particularly interested in for some time now.
What I learned
I learned a whole lot just reading this e-book, from the special tax laws surrounding property ownership with the view of making money out of it to making use of some great sources to find cheap landlord insurance to maximise profits while making sure one is adequately covered. I also learned that investing in property can become quite addictive once you get started, quite simply because of the good returns you can get as a landlord.
Also, the general feeling I’m getting is that as a property investor, you’ll perhaps want to invest for cash-flow instead of holding out purely for capital gains. Property-flipping also carries a sort of high-volume-low-return operational structure, so becoming a landlord seems to be the way to go. There are some less “hands-off” ways of becoming a landlord for those who don’t have too much time to get involved in the day-to-day operations of managing buy-to-rent properties, such as involving a property management company or perhaps even directly employing people to manage your properties and your tenants.
Either way, major economic events such as Brexit definitely have a bearing on the opportunities surrounding the property investment market (perhaps not in a way which I expected however) as well as how well the market performs.
The property market is otherwise a very precarious one to venture into, but one which I relish the prospect of getting into anyway.