Friday, 29 May 2020

Should I buy my own home or a buy-to-let first? (2020)


Should I buy my own home or a buy-to-let first? This is a common question for first time buyers and would-be property investors and is one I am asked a lot! Today I walk you through my own property journey and what I personally did, as well as discussing what you should consider if you are starting today.
The Stamp Duty Rates* that I talk about in the video are: Purchase price of property Rate of Stamp Duty Rate for 2 or more £0 - £125,000 0%** 3% £125,001 - £250,000 2% 5% £250,001 - £925,000 5% 8% £925,001 - £1,500,000 10% 13% Over £1,500,001 12% 15% * Rates correct as at 28th May 2020. ** First Time Buyers pay no Stamp Duty on anything up to £300,000. ************

Tuesday, 26 May 2020

How To CHALK PAINT Kitchen Cabinets | No Sanding *Fast Easy DIY* - #Designaholics





Hey #Designaholics! What in the WORLD do you do when your cabinets don't match your home?! 

Have no fear! We're here to teach YOU how to gel chalk paint your kitchen cabinets WITHOUT sanding! 


This is such a fast and easy DIY! Painting your cabinets can be easy and stress free. 

This method of NO SANDING and fast preparation will have your kitchen looking glamorous in no time!

The 18 year property cycle explained | Property Hub University

Module 1
Module 2
Module 3

Module 4

Saturday, 23 May 2020

Importance of Credit Rating (Why & how you should improve your score)


Importance of credit rating (why & how you should improve your credit score) Your credit rating is very important and this video explains the importance of your credit rating and why it is relevant to your financial success, as well as my 5 top tips to improve your credit score.

OpenRent - Landlord Introduction





List your property Free Online

4 LIVING ROOM LAYOUT IDEAS | Easy Transformation




How to decorate your living room on a budget | How to design on a budget with these 10 tips!





Hey guys! In this video I'm sharing 10 ways I was able to design my home on a dime! I get bored easily and tend to revamp the rooms in my home often so decorating on a budget is a MUST since I do it often! lol

Mortgage Holiday Payment During Coronavirus | Should You Take Them? | Simon Zutshi




In this video, Simon Zutshi, author of Property Magic, founder of the property investors network (pin), and successful property investor since 1995, shares his thoughts and gives a warning on Mortgage Holiday Payment during the Coronavirus. If you can help it, should you take them or not? Simon begins by elaborating on a Mortgage Holiday Explanation and Tenants Not Paying Rent in the UK with their 3 Month Rent Holiday. He highlights how many tenants didn’t realise it was actually a Rent Deferment and not Rent Free Period. He talks in detail about the consequences of Portfolio Landlords requesting a Mortgage Deferral Program if they didn’t need to, and could afford their Mortgage Repayment throughout the Covid 19 pandemic. After speaking with several Mortgage Brokers in the UK, Simon offers his main advice - if you do not need to take a Mortgage Repayment Holiday, do not take it. He offers Mortgage Advice for those Landlords who didn’t really need it, suggesting that they contact their Mortgage Company and request the early payment to be filed. Simon also underlines his key learning points from knee-jerk reactions to a Mortgage Process in the UK. This includes following his 5th Golden Rule from his 5 Golden Rules Chapter of Property Magic - which is to always have a Cash Buffer in place.

How To Do Lease Options Agreements UK Right | What is a lease options purchase agreement | Explained





What are lease options UK & how to do lease option agreements right? Lease options explained complete with 4 rules to ensure success property investing with lease options. Lease options are an effective property investing strategy when implemented with knowledge and skill. CONTENTS:
1:11 - What is a Lease Option Agreement? 2:07 - Exploding Lease Option Myths Told To New Investors 8:06 - Lease Options Do Not Work In Scotland. Here is why 9:23 - Four Rules To Successfully Implementing The Lease Option Strategy 13:15 - Deal Example Case Study 17:00 - Summary

When Is The Best Time To Invest In UK Property?





When is the best time to invest in UK property Investments? (a) NOW (b) 3 Months (c) 6 Months Well, the truth is, it's less about when to invest in property, it's about consistently looking for UK property investment deals that are GENUINE deals and these are out there all the time! Also... I personally think it's impossible to accurately time the bottom of the property market. Sure, lots of people have opinions, but in most cases, they're saying things like... "I predicted the bottom of the market back in January or October" etc... BUT THEY'RE SAYING THIS AFTER THE FACT. No... I don't think anyone can say... with absolute conviction... when we will hit the bottom of the property market. Therefore building your property business based on timing the bottom IS a rather silly thing to do (in my opinion). I think a far better strategy is to consistently put marketing material out there that encourages property sellers to connect with you DIRECT... AND... consistently connect with "Independent" Estate Agents. I really hope you find this video on "When Is The Best Time To Invest In Property" helpful. Here's to your success... Tony Law | Your First Four Houses

LIVE Q'n'A: Strategy In A Storm

Wednesday, 20 May 2020

Rent 2 Rent Letters That Work! The Fast Track to Getting R2R HMOs



Get Your First Deal Faster
This video shows how to create
magnetic marketing letters to HMO landlords with compelling content which really works!


If you’re fed up putting in lots of effort for little reward, read on!


Today's blog is about the holy grail of lettings marketing, the perfectly crafted direct mail letter.

We've built up a successful HMO lettings business and it's been built up with a number of marketing strategies that I'm going to share with you over the next few weeks.
........

Top tips for your landlord letters

It's not about you, it's about them
Don't talk about how great you are, or the great staff you've got, or the skills you've got, how fantastic you are.

What we need to talk about is the landlord, the landlord's problems, and how we can solve those problems.


What do landlords care about?

Landlords, like most of us, want to support their families, support their lifestyle, and have investments that they can be proud of.

They don't want to spend more time with their tenants than they do with their families, and they don't want to be embarrassed about their HMOs because of bad management.


Listen - When landlords call you what do they say?

What words do they use? What issues are there in your local area that you can help them solve?

They might say to you, "I hate all the paperwork or I hate the licensing visits'“. Whatever words these landlords are using, whatever phrases keep coming up in your telephone conversations with landlords these will be the issues not only for these specific landlords, but for other landlords as well, and these are issues to bring up in your letters.

Talk about the problems. We all like someone who understands us and we understand what it's like to manage HMOs, so show that you understand the problems and show that you can solve these problems.

Show it with words, show it with photos, show it with social proof in the form of testimonials, before and after photos.



Source : https://rent2rentsuccess.com/r2rsblog/rent-2-rent-letters-that-work-the-fast-track-to-getting-r2r-hmos


Thursday, 14 May 2020

Making The House Photoshoot Ready



All spotlights are on your house for a photo shoot that will make it an instant star. Like a celebrity, it will mesmerize people and possibly have a fan base from whom will emerge a possible owner soon. But is your house ready when the camera starts focusing on its beauty? Will real beauty be captured? If your house is soon to be an object of a photo shoot for a marketing effort, then these are some things you should follow according to the Florida Realtor Magazine.

  • Brighten up the house. Photos always look best when light is great. The house should receive as much light as it can. With this, all interior lights should be turned on while allowing natural light from the outside to enter. Do this by opening doors, blinds, curtains and drapes.
  • Refresh the house. Imbibe freshness on the house. Make it as clean as possible. If necessary, apply new paint on surfaces needing them. Check for some peelings or chippings on walls and repaint at once.
  • Lose your identity of the house. Unless you're preparing your house for a feature that will tell your story, personalizing it with pictures and other things will do just fine. But if the photo shoot is to sell your house, then start removing things that will give it your identity. Photographs, calendars, boards, and other things that will show your identity and give impression of the date should be removed.
  • Eliminate unnecessary things inside and outside. Decluttering the house covers both interior and exterior portions. Reduce the number of furniture for showing. Shelves must be minimized of books and magazines. Countertops must be stripped off of unused kitchen gadgets. Jars, bottles, and other empty containers residing on the yard must be eliminated too. There's always the recycling shop to monetize them.
  • Accessorize, but not too much. Reducing the displays will be defeated if you're just replacing them with other objects. accessorizing doesn't mean that you have to equate what you've removed. Attractive vases are always good displays especially if there are flesh flowers on them. Give a scale view of the length and width of tables by putting smaller but attractive objects on them too. Center tables can host a dish garden instead of too many ceramic displays on it.
The house is a great object for photo shoots. By following the tips above, you're sure to have wonderful photos of your house that are also good for viewing by potential buyers.

Desare is an experienced realtor and Military Relocation Professional servicing the counties of Palm Beach, Broward, and Miami-Dade. With a team of 90 real estate agents under her, your chase for your dream house will be an easy and flawless one, assuring you to obtain all the professional assistance they can give. For more details about her services, hop on to http://www.skyelouisrealty.com.

Article Source: https://EzineArticles.com/expert/Desare_A_Kohn-Laski/1496282



Article Source: http://EzineArticles.com/10029785

Should Buyers Be Afraid of Gazumping?



Gazumping is a term used to describe a situation, whereby a seller accepts a better offer from another buyer before the sale of a property, is completed.

Sometimes, here at Manchestermoneyman.com, we hear people saying that gazumping is illegal. Unfortunately, this is not true.

Gazumping is a perfectly legal, and not uncommon, part of the property-buying process in England and Wales. This is because an agreement to buy or sell a property doesn't become legally binding until written contracts are exchanged by the lawyers. Until that point, you only have a verbal agreement.

Gazumping can be a very stressful experience for buyers. You may believe you are about to buy the property of your dreams when the sale comes crashing down. You may also be part of a chain that breaks and, as a result, you must move your moving date back.

It can be even more painful if you lose money as a result. This is because you can sometimes be left out of pocket by non-refundable survey costs, conveyancing fees and mortgage arrangement fees.

How does gazumping happen?
As we mentioned, an agreement to buy or sell a property doesn't become legally binding until written contracts are exchanged. Unfortunately, there can be delays of up to several weeks between a seller accepting your offer and the exchange of contracts taking place. This can be due to having a property survey undertaken, your conveyancer carrying out the necessary searches and you receiving your mortgage offer.

Within this period, other buyers may make a better offer on the property which the estate agent has to pass on to the seller. However, these preferable offers are not always better in terms of financial value. They may offer a faster sale or not have the pressure of a chain. Hence why the term 'gazumping' covers any preferable offer the seller decides to accept.

Ways to avoid gazumping
Unfortunately, there are certain things that won't happen until you have decided to make an offer, namely the property survey, conveyancer searches and mortgage offer. However, you can reduce the time between making an offer and the contract exchange.

Ways to do this include...

  • identifying a conveyancing solicitor and surveyor in advance
  • act quickly at each stage, providing all the information the different parties require
  • have a mortgage agreed in principle
There are also a couple of tactics you could use to help add more security to the deal ahead of the exchange of contracts. Firstly, as part of your offer, ask the seller to take the property off the market as this reduces the risk of other people seeing the property. There is no obligation for them to agree, but it isn't uncommon for them to respect this request, especially if they've struggled to receive offers in the first place.

Secondly, you could try to put in place a Lock in Agreement which sees both parties put up a deposit as part of a binding agreement. If either party attempts to change the deal or back out completely then the other side takes their deposit. These arrangements can incur costs such as legal fees to set it up, but you might feel it is worth the cost for the security.

Finally, there are options to take out insurance to protect yourself against gazumping. These policies agree to pay you a set fee in the event of being gazumped.

For more open & honest mortgage advice in Manchester, click the link below.

https://manchestermoneyman.com/about-me/

Article Source: https://EzineArticles.com/expert/Malcolm_Davidson/2682735



Article Source: http://EzineArticles.com/10138656

How Staging Helps To Sell A House?: 4 Basic Options



Many homeowners, learn from their real estate agents, and opt to take advantage of some of the principles of staging their home, in order to enhance the potential and possibilities of achieving the finest, possible results, in terms of selling their houses, for the best possible price, in the minimum period of time! We refer to staging, as a process, which improves, how, potential buyers, might perceive the specific home, in a positive way. In light of that, this article will attempt to, briefly, consider, examine, review, and discuss, 4 basic options/ alternatives, for getting this done, effectively, and productively.

1. De - clutter, and touch - up, limited areas: In some instances, it only takes a little, well - considered, tweaking, to achieve the intended objectives. Before beginning to show the house, reduce the amount of clutter, significantly, remove excessive furniture and furnishings (put into storage, or dispose of), and proceed, to, touch - up, largely viewed areas (many people, can do this, themselves). When a house looks neater and cleaner, and distractions, and negatives, are removed, and/ or, addressed, it usually translates to better showings, and more, qualified buyer, interest, and, hopefully, meaningful offers!

2. Do - it - yourself (DIY) staging: Depending on the size, price, niche market, etc, it may be possible, to do - it - yourself! This DIY staging process, includes, reducing the amount of furniture, and fixtures, especially, any, which seem to show, wear - and - tear, or don't enhance the overall appearance of the house. This should include: paying attention to curb appeal; reducing/ addressing any unwanted odors, and/ or, eye - sores; touch - up painting, cleaning fixtures, and adjusting lighting, and overall esthetics, etc.

3. Hire professional stager: Sometimes, it is necessary to hire a recommended, quality, professional home - stager! This process, often, includes: removing, existing furniture/ fixtures, and replacing them, with loaner items; enhancing strengths, and addressing areas of weakness, etc. However, because this is often, costly, to do, if you choose, a quality approach, the price range, and niche of the property, are relevant factors, whether this is an advisable approach, for you!

4. Study and understand some of the basics: It makes sense for homeowners, deciding to sell their homes, to thoroughly, study, and better understand, some of the essentials, and basics, which will add value to the transaction, and process! For example, to show a smaller room, such as a dining room, better, it often makes sense, to use taller furniture, and bigger fixtures, hanging from the ceilings. Understand, how lighting factors - in, as well, as where to highlight, and how to minimize attention, to some locations, Where some touch - up painting, curb appeal, etc, may be beneficial, are key considerations!

Become a smarter home seller, by understanding, and taking advantage of the relevant, applicable aspect of staging, for your specific house. Doesn't that make sense?

Richard has owned businesses, been a COO, CEO, Director of Development, consultant, professionally run events, consulted to thousands, conducted personal development seminars, for 4 decades, and a RE Licensed Salesperson, for a decade+. Rich has written three books and thousands of articles. Website: http://PortWashingtonLongIslandHouses.com and LIKE the Facebook page for real estate: http://facebook.com/PortWashRE

Article Source: https://EzineArticles.com/expert/Richard_Brody/492539



Article Source: http://EzineArticles.com/10265762

How To Find Your Property Investing Hotspot In 2020 Using This Tool




How can you actually find the property investment area that’s right for you? And how can you do it in a really fast way? Well this is exactly what I’d like to share with you now… Here’s what you’ll gain from this video: • How to get started in property (or your next property project) easily • What tool to use when looking for your property goldmine area • Exactly why we use this tried and tested method here at Premier Property This is a small tip for you to use to help you make a decision on your property journey, with great, credible data.

A BIG Day For Property Investing In The UK




Property investing in the UK (pretty much) came to a grinding halt with the Coronavirus lockdown For the past couple of months... - Estate and Letting Agents have been closed - There's been (virtually) no viewings - Very few sales - Tenants haven't been able (or willing) to move - Landlords haven't really been able to visit their properties - Even tradespeople have been unable to carry out (some) basic maintenance - etc. etc. etc. But today, the government changed (slightly) the lock-down legislation and suddenly the wheels have (very slowly) started moving again In particular, there are 6 key areas I should let you know about and I cover them all in today's 7min video

Rent to rent is illegal! Rent to Rent Success Series #2



😲But rent to rent is illegal! 😲And people are very adamant about this. 😲The reason why some people think rent to rent is illegal is that sub-letting has a bad name… ❌Sub-letting comes to public attention when it’s in the news because someone has done it illegally without the knowledge of the property owner. That is not what we’re talking about here! ✅Rent to rent is legal when it’s done with the full knowledge and consent of the owner and when the correct contracts are in place.

Saturday, 2 May 2020

Do House Prices Double Every 10 Years?




Ever heard someone say that house prices double in value every 10 years? Is it a true statement? I have looked at the data that has been recorded over the last 68 years and I share my findings with you. The history on the average house price data is very interesting. There are a number of House Price Indices available, and I used the most popular ones when doing my research. I was able to identify if house prices doubled every 10 years, and I could also see when the longest period of time was, and the shortest period of time was, for the average UK house price to double in value. In this video I also explain why it's important that you should not invest in the property market, in the hope that property prices will double in value every 10 years. #HousePrices #UKPropertyMarket #PropertyInvesting

4 Reasons To Invest In Commercial Property In 2021 | Commercial Real Estate Opportunities UK

  I absolutely love commercial real estate and over the next few years, commercial real estate offers investors some of the best ways to pro...