Are your actions leading you to success or failure? Replicate the 5 things successful property investors do to achieve long lasting success:
- Decide on your property strategy:
- Buy, develop and sell for a profit
- Buy to rent out to a tenant
- If holding property long term, are you buying for the potential capital growth or the rental yield? This decision totally influences the areas you will buy in.
- Lease Option Properties
DONT do a little bit of this.. a little bit of that. clearly define your core strategy and become an expert.
2. Take emotions out of the decision:
- The figures need to work. Make sure you have a “deal machine” that works out if the deal is any good. I have attached an image of our Below Market Value Deal Machine which helps investors understand what amounts they should offer for a property to make serious profit.You can find this deal machine on our website: www.ngupropertyinvestments.co.uk
- Make sure you have your power team in place:
- Make sure you have a solicitor, mortgage broker, property investment company like us in place so when you see an opportunity you can take action.
- Never miss an opportunity again:
- Joint Venture partners- investors can join together to collaborate on property projects.
- By pooling each others finance together you may be able to get the opportunity that is out there that you previously wouldn’t off.
5.Take action get in contact with us:
Absolutely rock solid property investment
Or call: 0191 491 0344 and ask for Mike Bell
Investment property that will run itself letting you do the things that you enjoy