For high-net-worth individuals wanting to get involved with the short-term financing of property projects, there is a lot of money to be made. But, it is a business filled with risk and you need to make sure you understand the issues, do your due diligence and put together a good team of valuers and legal experts. [Read more…] about How Can a High Net Worth Individual Invest in Short-Term Finance?
There are some unscrupulous letting agents around, whose application of fees for their tenants has prompted the government to introduce a ban. But, while this has been a cause for celebration for some, agents that weren’t abusing the system are also going to see losses that they will have to make up for elsewhere. [Read more…] about What Does the Ban on Letting Agent Fees Mean for the Industry?
There are hundreds of different ways of investing in property but which ones make the most sense over the long-term? Today Rory O’Mara from Closed Bridging Finance looks at the investment strategies that he feels have the best returns including buy-refurbish-sell (or hold), self-contained units, office-to-resi conversions. [Read more…] about Which Property Strategies Offer the Best Long-Term Potential?
Providing a home for someone who was homeless is something that few landlords consider and very few letting agents specialise in. Referencing is very different and there are greater risks than there are with other types of tenant but with the right processes, it can work and the yields can be much higher. [Read more…] about Housing the Homeless and Local Housing Allowance
Issues such as the removal of mortgage interest rate tax relief and the practice of stress-testing property portfolios by lenders are increasingly making the lives of landlords more difficult and many have already started to dump their stock. But, if you know your market you can still succeed in property. [Read more…] about What Problems do Property Investors Face in 2018?
A tenant from hell is someone who refuses to pay rent and damages your property. Although tenants from hell may always slip through the net you can protect yourself by employing an agent who will screen prospective tenants thoroughly with interviews, reference checks, home visits and good, old-fashioned gut instinct. [Read more…] about How to Avoid Tenants From Hell