Buy To Let (Investment Opportunity)
Ten tips for buy-to-let: The essential advice property investors need to consider
Buy-to-let may no longer be the hot property of the boom years, but it has seen resurgence in recent times. For many, buy-to-let looks an attractive income investment. As an income investment for those with enough money to raise a big deposit, buy-to-let looks attractive. Decent house prices, rising rents and improving mortgage deals are tempting investors back into the market once more.
Like any investment, buy-to-let comes with no guarantees, but for those who have more faith in bricks and mortar than stocks and shares here are the ten top tips.
1. Research the market
2. Choose a good location
3. Do your sums
4. Shop around and get the best mortgage deal
5. Think about your target tenant
6. Don't be over ambitious - go for rental yield and remember costs
7. Consider doing a property up for better return
8. Negotiate a good price
9. Know the pitfalls
10. Consider how hands-on you want to be
If you are planning on investing, or just want to know more, we can advise you on the ten essential things to consider for a successful buy-to-let investment. If you require free expert advice with no obligation, please feel free to contact Mr Zad Siadatan on 01293 529993