3 Myths of Property Investment
The 3 Myths of Property Investment
Many people tell me that they want to get into property, but don’t know where to start or which strategy to choose.
“Should I try residential or commercial”, they ask me, “single let buy-to-let or HMO’s?”.
How will I find the money for deposits, which area should I invest in, should I use a limited company? These are all questions I get asked by people wanting to become a professional property investor.
Firstly, let’s get rid of a few myths that may be holding you back from taking the first step.
Myth No.1
You need your own money to get into property.
Not true. There are a number of strategies you can use to get into property investment with either no money or by using other people’s money.
Myth No.2
It takes years of experience and special skills to become a professional property investor.
Nonsense. I’ve seen people become investors within a few weeks of taking a course and go on to build a portfolio much larger than “experienced” investors.
Myth No.3
You need special connections and have to be “in the know” to get all the best deals.
Again, not so. Anybody can build their network and connections in property by learning and simply getting out there and meeting people. There are hundreds of networking events, courses and seminars running every month, all over the country. Not only can you build your connections at these events, but you can also expand your knowledge.
So how can you get started right now?
My friends at Progressive are running several events to give you the opportunity to look at a number of strategies so you can decide which is best for you.
Multiple Streams of Property Income Event
- 20-22nd September – Peterborough
- 11-13th October – Peterborough
- 25-27th October – Peterborough
An excellent 3 day event covering multiple streams of income and strategies.
No money for deposits?
Why not start by finding deals and packaging them up to sell on to others. Learn more at the deal packaging discovery day
Deal Packaging Discovery Day
- 25th September
- 30th October
A 1 day event giving you a strategy where you can make money from property without using any of your own money.
We also have a 1 day beginners property secrets course, which can introduce you to property investing.
Beginners Property Secrets Day
- 9th September
- 17th September
- 24th September
- 3rd October
- 8th October
Other events:
No Money Down Discovery Day
- 23rd September
- 10th October
Joint Venture Finance Day
- 5-6th September
- 23-24th October
Serviced Accommodation Discovery Day
- 13th September
- 26th September
- 31st October
House of Multiple Occupancy Discovery Day
- 11th September
I have a limited number of complimentary tickets for these events. If you are interested, message me on Facebook or email me at charles@charleskelly.net
Word of the Day
Commonhold
Commonhold is a tenure used for new build flats as an alternative to leasehold or share of freehold.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
