Making money from property
making money from property is easy, all you need is lots of houses that you bought 20 years ago for about £5000 each. in todays property market they would probably be worth £100k each. sell them all and retire to the Bahamas. nice and easy…. ha ha well if that is not your reality we can all dream.
You can still make money from property even if you started today. there are quite a few ways that savy investors make money in todays property market. there are two main ways to make money from property
Buy To Let (BTL) where you buy a property and rent it out making money from the rental money and/or the capital appreciation.
Buy To Sell (BTS) where you buy a property to sell (flip) this is usually done in the short term.
as you only make money when you sell a property if doing a BTS this is not passive income. it is a good way to make money from property but it requires a lot more work if you are renovating the property. especially if you are doing the work yourself, that would be very labour intensive.
June 14 2007
There are 2 comments
Hi Dave
Would you consider adding purchase of below market value property to your list of property making methods? This can fall under either BTL or BTS, but is a good way of getting instant equity in property (usually 15% to 20% +), without the need to necessarily do too much renovation work.
It is in principle what the stop repossession guys were doing around Birmingham (before they went bust). Of course, don’t do the figures like thy did to avoid cash flow disasters
Hi Investment Property,
BMV is the only way to buy property in my opinion. rent backs of repossessions will always be a risk, but can be profitable if you get the right tenant and you do you sums right.
With the market being how it has been there are many of these deals to be had, its just a case of picking the good ones. i noticed your site ranks pretty high for the “stop repossession” keyword. Thats good going.