What Kind Of Property Deals Should Investors Be Looking At?

In the current property market cash flow is king and greater cash flow is to be found in lower value areas, where property deals can be found for under £100k. Investors who are not familiar with these areas may find themselves out of their comfort zone. This is something that can be overcome with due diligence and research.

Property Expert Series: Richard Ignatowicz From Mortgage Savers

Which Property Deals Are Currently Best?

Amy: So, Richard, have you’ve got any tips for people who are applying for mortgages, getting into buy-to-let or investing in property?

What should they be doing and what kind of advice, from an insider’s perspective, can you pass on?

Do Your Research

Richard: I think the most important thing is to, wherever you decide to invest, you need to do some research on the marketplace.

Drive around, go to local estate agents, establish the marketplace, the demand, what the rents are and so on.

And, also, don’t be afraid to get out of your comfort zone. Your best option at the moment is, as I said earlier, to focus on high cash flowing properties.

Look At Lower Value Areas

Richard: So you may need to go to lower value areas, areas with housing under £100k. And, like I say, you need to have a drive around and do your research.

A lot of people are reluctant to do that because they, they don’t relate to those sort of areas and so on.

But, these lower value areas are giving you the best cash flows, the best returns.

And, also, in the longer-term, with the way the economy is going, you’ll probably find that most of those tenants there will be more for life, rather than moving in and moving out all the time.

The Problem With Investing In A City Centre

Richard: So, the contrast with this might be, say, city centres where you’ve got a lot of young people. They live and they work in the city centre and then, ultimately, they’ll want to move out to the suburbs.

So, there can be a lot of changing of tenants, which, as a landlord, you want to avoid if you can.

The plus side to investing in a city centre is that you’ve probably got a better opportunity for capital growth.

But my tip is cash flow is king. Take capital growth as a bonus in the longer-term.

Fantastic, thank you.

Join Our FREE Property Training Course Today

Sign up for our free online property training course today.

In there we cover a range of different property strategies to help you get started on building a long-term property portfolio or creating a cash flowing property business.

We also look at ways to increase your return on investment with any of the properties you may be considering and we also have a couple of cheat sheets and downloadable documents in there as well.

Just click the image below to join our free training course today.

Any Questions?

If you have any questions or thoughts about the best property deals then leave them in the comments section below.

Alternatively, you can get in touch via our Facebook page.

We’d love to hear from you and as always we’re happy to help.

Related Posts:

What Does The Mortgage Market Look Like In 2017? In 2017 rates on buy-to-let mortgages have hit a historic low and are now comparable to residential mortgages. But, going fixed rate is advisable as, in uncertain times, there is a lot to be said for ...
Introducing Richard Ignatowicz From Mortgage Savers The first in a series on buy to let mortgages with Richard Ignatowicz From Mortgage Savers. Richard is an independent mortgage adviser with a difference in that he is also a buy to let landlord and pr...
An Introduction To Specialist Mortgages for Property Investors Today Amy and Richard look at mortgage products for property investors and at what the biggest trends are in the property investment industry when it comes to financing. HMOs are, of course, very popu...
What Is Section 24 And What Does It Mean For Buy-To-Let? Unfortunately, Section 24 is going to make a lot of buy-to-let landlords a lot poorer but it isn't going to affect everyone equally. Today, Amy and Richard look at what kind of investor is most likely...
Do Landlords Need To Set Up A Buy To Let Limited Company? Recently, there has been a lot of talk amongst property investors and landlords about incorporation and about whether or not incorporating a buy to let limited company is the best way to offset the fi...

Leave a Reply