An HMO (house in multiple occupations) is a type of property that can be let to multiple different households. Speaking in terms of rental yield, HMO generates a far higher yield than you can achieve from a traditional buy-to-let. There are a few specific features that are essential for the property to be declared as an HMO […]
Buy-to-let property is an incredibly interesting way of property investment. This is the type of investment in, which an investor buys the property, not to live in it but rent it out to a tenant. This strategy of property is about buying a property and then letting it to the tenants. This property project is […]
Once you have purchased the property, then comes the next step – property management. Property management includes managing the day-to-day affairs of the property while ensuring tenants are paying rent on time and keeping everything clean and tidy. The major aspects of this job are: If you have any difficulty in managing the property for […]
The rules and regulations regarding co-ownership are never simple. Often, one person may want to sell the property, while the does not want the same. In such a situation, what can you do if you want to sell the property? This guide is going to answer the question: can a jointly owned property be sold […]
Negotiation is an important part of both transactions whether by or selling a property. And this is the skill that you require after the initial purchase stage. For example, you might negotiate: Negotiation in the property business is all about discussing terms and conditions with another party to reach a mutually acceptable agreement. It is […]
Property is increasingly becoming a largely competitive and complex business requiring a lot of different skills that are in line with the dynamics of the contemporary trend of property investment. Property investment is increasingly expanding due to a few reasons that include the increasing demand of the public towards more and more accommodation, and the […]
Remember to diversify your investments as you grow your buy-to-let portfolio. Keep investing in one type or area of property is no wise strategy because it limits your potential and you become open to failure if the market slows or collapses in your niche. Therefore, consider investing in a different property area or type when […]
Your first step is to figure out your goals and targets. Ask yourself what you expect from your property portfolio. Do you want to boost your earnings from property price growth when selling the property or are you hoping to benefit from rental income? After all, you might desire to hit both targets. If you […]
Recent Comments