Number 1, unless you are already in the trades, or freakily good at DIY, you will need to learn new skills, which takes time (and potentially money if you have to pay someone to teach you) Number 2 if you are not in the trades or freakily good at DIY, and you don’t learn…
Have you ever thought that when you have been out viewing a buy to let investment property? It can be frustrating, even scary, thinking you’re making decisions about spending multiple tens of thousands of pounds, and you’re not quite sure what you are buying into. Or even if you should be buying it.
In this short video I want to talk about 4 reasons why I always refurbish or renovate my buy to let investment properties. Now, the first 3 reasons you might think ‘yeah, ok, that makes a lot of sense’ but it is probably the 4th reason that’s the most interesting and the most important, so stick with me on this because, hopefully, if you don’t know about this this is going to make a massive difference to the way you do your property investing.
Here is a clever way of very effectively adding value to a home without a huge amount of work. Adding another bedroom in the space of a kitchen.
In this Property Spotlight video, I look at my brand new project and break down the three reasons why I am refurbishing it. For many of us, adding value to a buy to let property investment is a given, but perhaps the reasons why aren’t always so obvious. Who are we adding for, and…
When is a crack not a crack? When it’s a concern. Ok, not a great piece of humour, ironically a little like cracker humour, if you’ll forgive the pun. Joking aside, cracks in our world (of property) are worth understanding – many a deal has turned out to be a poor one because the buyer…
It’s time to dust off your EPCs. Interesting comments by the energy minister Claire Perry, who is suggesting that Stamp Duty could be used to incentivise property sellers to make their properties more energy efficient. And there could also be fines as well – so you’d be fined for selling a cold, draughty property (i.e…
Following on from my post about how to keep a lid on your repair costs I’m now kicking myself even more because I’ve realised that I could have done even better than Patrick’s much more reasonable price of £1585 for a new boiler in one of my buy to let properties. I could have got…
Even in the world of buy to let familiarity really can lead to ‘contempt’, especially when it comes to property management and arranging property repairs. Because the bulk of my buy to let properties are around 150 miles from home I have a number of different managing agents who look after them. Delegating the management…
This is a video I made in November 2013. I bought the property through an estate agent in the normal way. The property was on for £83,000 and I paid £82,000, so there was nothing clever in my negotiation. I could have renovated it and kept it as a buy to let investment property. But…
