How to find your ‘goldmine’ property area

How to find your ‘goldmine’ property area

How to find your ‘goldmine’ property area

Investors look for deals hundreds of miles away when there are plenty of opportunities on their doorstep.

Know your area – every area has its sweet spot!

Decide on your strategy:

• Are you going down the buy to let route?
• Do you want to be a landlord?
• Are you good at managing property and could you build a rent to rent business?
• Do you want to develop properties or by, refurbish and refinance?
• Do you want to get into commercial conversions?
• Are you cash rich and time poor what time rich and cash poor?

You’ve heard the expression, “location, location, location” I say:

“View, view, view”!

Get out there, talk to agents, get online and start viewing.

One of the most successful property people I know is disabled and in a wheelchair. Even before the internet, he did his research “viewings” from home before venturing out. He could not afford to waste any time.

Training and CPD

Know what you’re doing and never stop learning.

Other articles available at Money Tips Podcast – www.moneytipsdaily.com

1. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak
2. UK Property prices rise after stamp duty cut, despite rising unemployment
3. British Chambers of Commerce said 28% of employers may cut jobs in next 3 months
4. UK Mortgages becoming more difficult to obtain and more expensive
5. New planning rules will open up more opportunities to make money in property
6. Opportunity is everywhere for everyone, especially in property! But you have ACT!
7. You don’t need your own money to create a second income in property
8. Time to your economy or Uconomy started whatever the economy is doing!
9. You can create a second income during the lockdown…and come out stronger
10. Learn how to make money from property without deposits, mortgages or cash

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

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.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com