This is an interesting question. Somebody has asked me ‘does no money down really exist and if it does how do I do it?’. First things first. One thing I have noticed when I have been online looking at the forums and looking at the Facebook groups is that occasionally you will see somebody saying,…
When you get interested in property investing you’ll hear a lot of talk about gross yield. Gross yield can be a great way of comparing properties because you can look at the return from one property and compare it with a return on another. But at its very basic level, gross yield doesn’t really tell…
One of the great things about being in property today is that there are so many different ways we can raise our finance. And if you find yourself in a situation where you find yourself a fantastic refurb opportunity, but you can’t get standard buy to let lending because it needs a bit too much…
A question I am sometimes asked is, ‘Is there more than one way to do buy to let?’. It all depends on how you define buy to let. If you define buy to let as buying a property and putting a tenant in then that could cover HMOs (Houses of Multiple Occupation), it could include…
A question I’m sometimes asked is what is, “gross yield and when would I use it?” In its simplest form gross yield is the return on the property. Now, often times that’s the return ignoring costs, and the most simple way of calculating gross yield is to take the annual rent and to divide that…
Something I see debated a lot online is whether we should pay a mortgage broker and if we should, how much we should pay. I often see on Facebook groups and forums people posting saying words to the effect of, ‘can anyone recommend a good mortgage broker who doesn’t charge a fee?’. I must admit…
A concern which I sometimes hear new investors express is what if the bank won’t lend me the money? Let’s just think about this because there are probably going to be two different reasons why a bank might not lend you the money. The very first is, they’re not going to lend you the money…
Why do so many investors start with buy to let? I suppose buy to let is the foundational entry point for property investing. Most people understand the concept behind buying a flat or a house and then renting it out to a tenant. One of the great things about buy to let is that there…
Here’s a myth about property which you’ll hear banded about quite a lot, and that is that property investing is only for rich people, whatever rich means by your definition. Of course, that simply isn’t true. In this day and age access to finance is so readily available that most people could probably invest in…