If you are just starting out in property investment then you will find the 7 tips in this video very useful. The presenter is an experienced property investor so it is really worth listening to his advice. The video is fairly short at around 5 minutes so please take the time to benefit from these great tips that you will find here.
The focus in the video is making money out of property. The presenter believes that there are only 7 different ways that this can be done – don’t close your mind to this as there are always more ways that money can be made. The first of his tips is “buying at a discount” and he provides some helpful examples of how this can be achieved. A serious discount is what you should be aiming for.
The next tip is to “add real value” and there are some good ideas here that go beyond a light refurbishment and should make the final selling price of the property a lot higher. The next tip is “looking for areas of capital growth” which is a fairly obvious one but is often overlooked by novice property investors.
Then he advises to go for win / win / win type of deals. This sounds easy but it is tough to do in practice. Some good pointers revealed here to achieve this. Then “maximising rental income on the property” is talked about. This is often referred to as sweating your assets.
“Becoming tax efficient” is the next tip which is something that all property investors need to do whatever their level of experience. Probably the most important tip of all, and something that we do all of the time here at CPI, is the final tip which is to let return on investment (ROI) be your guide. You may be faced with a number of property investment opportunities and using ROI is the best way to decide.
There Is A Lot Involved In Successful Property Investment
To be successful in property investment you need to take a lot of different factors into consideration and be prepared to work very hard. There is a way that you can succeed in property investment without the hard work and stress and that is to partner with us at CPI in our “hands off” property investment projects. Contact us here today to find out more and to have a free, no obligation meeting with us.
Here is the video for you: