This is the beginning of our year long journey to increase each other’s wealth out of collaboration and working together. Jim Parker and James Watson will share their thoughts while we learn how to do that for ourselves.
If you are a client of ours, you will also receive an invite later to a private zoom on the last each month going into more detail on this to accelerate your wealth in 2022.
There are many different models of buy-to-let, but a proven winning formula is buying a property in need of renovation, upgrading the specification, then releasing the increased equity to fund another buy-to-let project.
With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head.
Why Savvy Fife Buy-to-Let Landlords Don’t Use 10-Year Mortgages
And the reason you shouldn’t either
I know of many Fife buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Fife housing market crashed in the Credit Crunch of 2009/10, yet still needed to move (often for work). They thought they would keep their Fife family home in case they ever moved back to Fife. Yet by keeping it, it couldn’t remain empty (there was still a mortgage to pay on it), so they ended up renting their home out. Continue reading Why Savvy Fife Buy-to-Let Landlords Don’t Use 10-Year Mortgages (3 min read)
“At least one in six people on The Sunday Times Rich List owes their wealth to property or the world of home ownership in some way”. Those are the words of Robert Watts, the man who compiles The Sunday Times Rich List.
Building a successful lettings portfolio is an exciting route to financial freedom, and picking a direction for your buy-to-let business ultimately comes down to two choices: capital growth or rental yield.