Property investment tip 45: Are you putting your tenant’s life at risk? Why you must keep your property safe

As a landlord, it’s your legal responsibility to keep your property safe for your tenants, at all times. If you own a unit within an apartment or building complex, you also have a responsibility, as a member of the Body Corporate or Owners Corporation, for ensuring that the entire building and communal areas are safe. Building safety is a prominent...

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Property investment tip 44: How the Buy to Let tax relief changes could decrease your rental profits

You must know about changes to the Buy to Let tax relief if you own, or want to purchase an investment property in the UK. Changes to this tax relief affect your property income and profit. Firstly, a Buy to Let is an investment property that is rented to tenants. Landlords cannot live in their Buy to Let property. Changes to...

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Property investment tip 43: How to become a property investor (Part 2)

In last week’s post, I discussed four key tips on how to become a property investor. These key tips were to: educate yourself about the property market; don’t be afraid of debt; don’t wait for the property bubble to burst; and identify property hotspots before everyone else. In this week’s post, I’ve highlight the four more tips on how you...

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Property investment tip 42: How to become a property investor (Part 1)

So you’ve decided you want to be the owner of many properties. But how do you actually become a property investor? The good new is that you don’t need a university degree to excel in property investing. I don’t have a property degree but still managed to buy four properties by the time I was 30. Learning how to build...

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Property investment tip 41: A very important fact buyers forget about when selecting a mortgage lender

When potential buyers find a property they want to purchase, they focus on securing a loan with a mortgage lender who offers the lowest interest rate. This is good practice, but people always forget to think about another very important thing: Customer service. Yes, you heard me right. Your experience as a customer is just as important as your interest...

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Property investment tip 40: Should you apply for a second mortgage with your current lender or a new lender?

Should I apply for a second mortgage with my current lender? Or, should I apply for a second mortgage with a new lender? These are two common questions many new investors ask themselves before buying their next investment property. Before you decide, there are two key factors which will significantly impact your decision: your residency status and your credit history....

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