Fördelen med att handla offplan är att priset kan bli mycket lägre. Fastighetsutvecklaren behöver kanske få in pengar fort i början för att kunna starta bygget. De flesta byggnadsprojekt startar inte förrän ca 30-40% är sålt på ritning, ibland ännu mer. Därför kan man få sin lägenhet billigare genom att de säkrar upp bygget.

The fact it is two or more properties means we can mean a specific number or in fact any number. Certainly for my many portfolio clients when we speak of a portfolio we have a goal of 10 properties. This is a token figure that if you achieved you have most certainly provided a pension for you retirement.

Realistically as long as you can get 3 plus 1 without mortgages you can safely retire with a roof over your head and an income stream that is all indexed to inflation. (I explain this in detail in Brett’s 3 plus 1 strategy)

Any additional properties is all about lifestyle. The more properties the more enhanced your lifestyle will be.

In truth we always aim for 10 or more but our first goal for the portfolio is 1 or 2 properties if you are not a seasoned investor. The reasons behind this are emotional. We need to mentally and emotionally prepare you for a portfolio.

So the only real question is how many properties would you like to have in your portfolio?

For hundreds of free articles and all the property portfolio education you can poke a stick at, click thru now!

It is normally higher, in some cases up to 10-15% higher.

Unfortunately, in this industry it is endemic that developers, builders and property clubs will inflate the actual true valuation of the property in order to pass on or advertise discounts off this valuation. Be warned, our industry is rife with this practice.

You should be skeptical any time that you are told the valuation price of a property you are about to invest in without it being back up by a written valuation. This written valuation must be from a surveyor registered with the Royal Institute of Chartered Surveyors (RICS) and the valuer must be on the panel of lenders that you wish to choose for a mortgage.

Some property clubs will try and tell you that it is not a problem that you will be using their solicitors and their mortgage brokers, this is a tell tale sign of price inflation. Be wary. You may not discover this inflated value until you attempt to re-mortgage after completion.

Check out my blog for hundreds of free new build property articles!

In any other aspect of life I love the joys or challenges a surprise can bring, but when it comes to property it is just something I try to avoid.

In working with clients I adhere (as best as possible) to the service promise that simply says ‘When you work with me, you will be told upfront and to the best of our knowledge (and experience) exactly what to expect at each point along the portfolio process.’

Effectively, I simply say that dealing with me you will experience – NO SURPRISES!

No surprise costs, fees, charges nor expenses.
No surprise dates, changes nor amendments.
But most of all No blank looks, vacant stares nor excuses in the times when life does throw a surprise at us.

After all, when you deal with property there are so many interested parties, so much legislation as well as the natural force of the open market. The trick to these surprises is communicating upfront and honestly and then when things do happen communicating immediately and fully.

Its all about relationship, you expect to be told the truth so that you can make an informed decision all along the process. Without this communication the trust falters and eventually breaks down.

I actually (sometimes) enjoy telling clients things have gone wrong as I can enlist their help in solving it and generally (because I have been honest) the relationship strengthens.

Surprises appear in so many ways in our industry that you would think that it was the first time anyone had bought a property.

Read the entire article on my blog:
Everyone loves surprises, except in property…
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Enter your text below. The limit is 2500 characters. My biggest bugbear in property is having surprises. In any other aspect of life I love the joys or challenges a surprise can bring, but when it comes to property it is just something I try to avoid. In working with clients I adhere (as best as possible) to the service promise that simply says ‘When you work with me, you will be told upfront and to the best of our knowledge (and experience) exactly what to expect at each point along the portfolio process.’ Effectively, I simply say that dealing with me you will experience – NO SURPRISES! No surprise costs, fees, charges nor expenses. No surprise dates, changes nor amendments. But most of all No blank looks, vacant stares nor excuses in the times when life does throw a surprise at us.

After all, when you deal with property there are so many interested parties, so much legislation as well as the natural force of the open market. The trick to these surprises is communicating upfront and honestly and then when things do happen communicating immediately and fully. Its all about relationship, you expect to be told the truth so that you can make an informed decision all along the process. Without this communication the trust falters and eventually breaks down. I actually (sometimes) enjoy telling clients things have gone wrong as I can enlist their help in solving it and generally (because I have been honest) the relationship strengthens.

Surprises appear in so many ways in our industry that you would think that it was the first time anyone had bought a property. Read the entire article on my blog: Everyone loves surprises, except in property…

Direct property cashflow

Most people associate income from property as being an excess of rent over expenses. Whilst this is one it has one big drawback – income tax. As you are earning income from your property in excess of expenses you will pay tax on your profits. This is one of the reason we aim for maximum leverage from our property to ensure we avoid income tax.

Selling your property

The other way you can earn large chucks of cash is to sell your property. Doing this you will be liable for capital gains tax on the increase in value over any allowances. The capital gains tax rulings change often so you will need to speak to a professional about this. The benefits of this are that you have cash unencumbered once you have taken into account the tax.

Re-mortgaging Your Property

The final way and definitely the best way of avoiding any form of taxation is to refinance or re-mortgage the property and use the extra capital for whatever purpose. As you are using debt to fund your income you will NOT be subject to income tax or capital gains tax.

In truth all three methods will be employed as you build your portfolio of properties.

For hundreds of free articles and all the property portfolio education you can poke a stick at, click thru now!

Alec has been in property for ages. He specialises in industrial property and owns millions of it. He’s the type of guy who can tell you what an individual plot cost 20 years ago. Alec researches specific areas and in particular will look at unused or vacant plots that he may be able to offer the owner well below value and ‘steal’ it. He will then get planning to put a large shed that will hold a number of smaller sheds. The great thing about this is that he pre-lets them before start the build program. He builds it simple – a tin shed with nothing inside and the people that lease the property will do what ever they need to. He taught me a great deal about making money from industrial property.

Funnily enough I was speaking with the same investor the following week and telling him another story – one about Peter and Jodie, a couple of my other mentors. There story goes like this…

Peter and Jodie make money from residential property. They buy low and sell high, and Jodie is a trained architect who loves adding value through renovating. Between the two of them they make a lot of money through renovating property. They are very good at researching areas and finding bargains. Again they always buy below value. They taught me a great deal about making money from residential renovation.

Anyway the investor asked me “Which strategy was best, Alec’s or Peter’s?”

Click over to my blog to read the rest of the article: New build and property investment strategies – which is best?

As if trying to find the a property wasn’t enough the budding investor now has to find the perfect finance, the perfect solicitor, the perfect area, the perfect rent, the perfect growth prospects, the perfect builder, the perfect sales consultant, the perfect club, the perfect interest rate – everything has to be nothing short of PERFECT.

So how do they achieve this? In short, you simply don’t and despite everyone’s best intentions you won’t.

I have been in property one way or another for over 9 years l am yet to find the elusive perfect deal. I have however consistently made money from property and built a substantial portfolio of properties, despite every single property that is part of this portfolio being imperfect in some way.

So what’s the motto?

Be realistic but practical. Do your due diligence using the various guidelines I have suggested to buying, holding and selling property but don’t use these as a excuse for procrastination.

Click to read the rest of this article at my blog: In search of the perfect inside track property deal…

If the answer is yes then I’m ready to invest.

It allows me to make a decision based on a sound and calm mind and limits the “great salesperson” factor. By that, I mean that it gives me some space and some to time to halt a deal I might have rushed into.

In fact, this is such a useful technique, I use it for any purchase above £300.

I do my research, choose the item, do everything I need to buy it, but I don’t. Instead, I go home and sleep a full night. Then in the morning if I still want it I will buy it. I can’t tell you how many times I’ve woken up with a fresh perspective and not made a bad purchase. It’s amazing the difference a day (or a night in our case) makes.

So, if you couldn’t sleep a full night then either try to drink less coffee or ask yourself am I lacking education or detail in some area? If you are, then you need to rectify this prior to investing. If you’re not lacking in education or detail then perhaps it is not the right deal for you.

Read the rest of the property sleep test article on my site…

Property is such a diverse and sometimes complex investment vehicle that no-one could possibly know all things, all structures, all strategies, all procedures, or all markets. I don’t know a great deal about commercial property, nor do I know a lot about planning permission, developing property or SIPPS.

In fact, the more I learn about property, the more l realise I don’t know. Does that make me a bad investor? Does that mean you shouldn’t read my educational blogs or work with my team?

Well – yes – if you want to develop property, buy commercial or invest in SIPPS.

BUT – if you want to learn how to use new build or off plan residential property to build your portfolio from 0 – 10 and in the process self fund your retirement – then yes, because that is my specific strategy.

I have discovered that the people who make the most money in property are those that know a lot about a little. Specialists in a specific strategy.

For the rest of the article, click: Which inside track strategy is the best of all?…

I’m in two minds about these people.

Firstly I get frustrated at the amount of “salesmanship” in the industry and secondly l get frustrated about the lack of responsibility displayed by many people today.

We are all salespeople. You are. I am. Your best friend and your best friend’s dog. The world is full of people trying to sell a product, a concept, a point of view, a solution to a problem or a belief.

So let’s dispel the myth right now that selling is bad. Selling in itself is neither good or bad — it’s the application of the sales techniques that can be unethical and more importantly the mis-selling or lack of information that is the problem.

Is it the company that’s responsible?

Click to read the entire article on my site: Who’s responsible, who’s to blame?…

Simply adding it to the mortgage apparently makes it OK to charge such an outrageously high fee. In some cases as high as 1.5%!

Some genius first introduced it (l bet they received a promotion) so that they could offer an incredibly low rate or as we call it in the industry the ‘headline’ rate. Don’t be fooled. Remember the adage if it’s too good to be true, it probably is.

Here’s how it works:

Click for the full article: Inside track property fact: why mortgage lenders never lose…

Interest rates work in a cycle. They go up and up and then come down and down. Then up and up. Then down and down. So it’s natural that our perception of what they’re doing is more rooted in emotion than cold logic.

So my question to you is this: what can we do to smooth things out regardless of the market or cycle?

There are actually two things we can do that might help, and I’ll explain both of them on the other side: How mortgage cost averaging will help you build a thriving property portfolio…

The market cycles. Lending criteria change. Rates change and legislation changes. The whole market evolves and unless we evolve with it we potentially risk using structures that are now frowned upon, or in the worst case, are now illegal.

The UK property market is maturing a lot faster than the Australian market that I was watching carefully in the 90′s. Frankly, I’m impressed at the rate of change and I think it’s a positive step each time we remove the various loopholes that exist which put investors at risk either because of their own level of education or because they feel that it’s OK to bend the rules.

I always say that the spectrum of structures people use on the inside track when purchasing a property runs from the white through the grey and definitely into the black.

The white is how the average uneducated investor buys property. Perfectly legal and perfectly working in everyone’s favour, except theirs.

The black is illegal and although we certainly don’t want to be here, the unfortunate fact is that some investors do end up here when working with inexperienced, unprofessional or downright unethical property clubs who will promise you a quick access to the inside track to property.

It always pays to remember that property clubs are not regulated in any way so they must conduct themselves by their own code of ethics. If you’re thinking of dealing with a club that doesn’t have them published as prominently as we do, then be sure to ask some serious questions.

The grey is where I like to play. It’s where the highly educated investor plays. It is perfectly legal even though most people would proclaim you can’t do that!. I assure you its perfectly legal and unlike the white the odds are definitely in your favour.

Read on for my entire article: How to buy inside track property…

As you begin investing you invariably end up exposed to so many sources of information. Some are good, others bad, some correct, others blatantly wrong. The trick to becoming a numbers investor is to educate yourself to look only at the ones that matter to your portfolio.

As you build your portfolio here are just some of the emotions, good and bad you may face.

Click for the rest of the article “Emotional side of property investing“…

That’s why as part of my two laws of property I also say that the property must be able to attract a tenant.

For me this means looking at the mass market in each area and buying houses they would live in. I call this the “everyperson” house. Obviously the everyperson house will change between areas — London city centre would be a 1 or 2 bedroom apartment valued between x & y and Newcastle would be a 3 bed terraced house outside the centre worth between x & y.

What I am saying is this buy a house that will have the biggest demand for the area. Stay away from huge mansions or low valued properties.

Always think — I’ll buy this, but who will rent it?

Read more about this topic on our blog: The everyperson house strategy…

The first is Leverage, it is the lesser of the two but means that we can use the second much more effectively.

Leverage from a property perspective means borrowing capital to invest. It will take the form of either a mortgage, personal loans, credit cards. I will leave the last 2 out and focus exclusively on the mortgage aspect.

A mortgage represents huge capacity for leverage. Say you had saved £10,000 assume you could buy a property with this and that property after a year was worth £20,000. You have made £10,000 or 100% return on investment. In this example you have not used any leverage.

Now lets say you took that same £10,000 and went to a bank and borrowed £90,000 at 10% interest rate. Then using the £10,000 and the amount borrowed you bought 10 properties with your £100,000.

At the end of the same your each of your 10 properties has doubled to £20,000. You have just made £100,000 less interest of £9,000 (£90,000 x 10%) so £91,000. So without leverage you made £10,000 and with it you made a cool £91,000.

Hopefully you can see why leverage is such a great facility.

If you’d like to read about the second inside track property concept, click thru and read the whole article on my site: Inside track property concepts…

It might sound like a stupid statement coming from an experienced investor but all my training & experience in property tells me that being a “set and forget” property millionaire is not about hotspots but about fundamentals.

Let me explain: a property hotspot is somewhere where you can invest and in a very short space of time make a disproportionate return when compared to other areas you could have chosen to invest in.

My definition of a hotspot is simply ‘good fundamentals surrounded by salesmanship’.

What l mean by this is that if you understand the basic fundamentals of property which is just basic economics & human nature then you back this up with good solid research you can pick a hotspot before it becomes a hotspot.

Now granted, something like the announcement of the Olympics in East London can cause an immediate hotspot. So no amount of research could have forseen this and those that claim they wisely advised you to invest here prior are simply gamblers that got lucky so beware.

Now my point is this… If we assume that property… all property, will double every 7-10 years (and this is the only true assumption that l make in building a portfolio) then assuming this it actually doesn’t matter where or what you buy because in 7-10 years you have doubled your investment.

Take this concept one step further and you can effectively buy any property anywhere with NO RESEARCH and still make money.

Want to learn more? Click to read my entire property hotspot article…

These seminars in my books are certainly useful and most probably worthwhile, but at what cost? In my experience the “Inside Track to Property” seminars will cost you a fortune especially when it comes to property in the UK and overseas.

In this lens, I want to show you how you can get all the education you need, FOR FREE.