Knowing is only half the story! Investing in real estate is a roller coaster ride and you have to avoid large and small mistakes when investing in real estate or!
Here are our top 10 'bad news' stories for real estate investors to be aware of: -
1st current assets for the purchase of shares is low, so find a great deal below market value you need to search through the 150 property deals, find 50 who work, and then find the 10 that will be offered. From these you can usually bag one!
2nd Some areas and types of property oversupply in 2010 with the fall in value, so be careful what you buy!
3rd Finance is difficult to find what you need (and will continue to take) 25% deposit, and if you are buying to let, rental income of 130% of the mortgage costs.
4th The fees are increasing. For example, mortgage costs are up 4% of the value of property and compensation to thousands of pounds. Some insurance rates go up due to the increased number of tenant rep.
. 5 mortgage rates for new properties are likely to remain at 5-7% of some long-term investors' portfolios will not stack up to the rate -. will yours?
6th Income from rent inflation is usually lags behind actual inflation, and if it does not keep up with your rental cost inflation, you will receive will be worth much less.
8th Rent arrears are on the rise of the tenants being made redundant, costing some landlords thousands of pounds!
9th local authorities for housing costs is paid directly to tenants is causing some poor landlords to tenants lose the money sent elsewhere, or simply spend it on yourself!
10th demographic changes over the next 15-20 years will change the demand for ownership of shares in the future. aging of the population who live outside London are likely to be interested in small one or two bed apartments which are three or more floors up!
So property investors need to wade through troubled financial waters, and now I just buy something that looks like it stacks up to now, but to determine when and who will sell you on, to make a profit in the future!
Thinking about buy to let or for buy to let investor?
Do not do anything without one of our purchasing to ensure you avoid costly mistakes with your property investments. full package of comprehensive information relating to all aspects of buying and running a buy to let property. Each package also comes with What free? Book - rental and letting or property investors Manual , plus full access to the Designs Properties web site, and all professional and independent help you need from the UK's leading specialist property
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