Please do not spend a penny on courses regarding buying property! I am going to let you into a little secret.... Buying a BTL property is not rocket science and its very easy!
Do not let people fool you that this is a complex thing to do. There are lots of free resources out there that can massively help you on your property journey. Hopefully some of the resources below and explanations will be of use to you and help you finally take the first steps.
From £20k in £2m in 6 Years.
The Diary Of A Normal Guy Who Just worked Hard
When I first made the decision to put pen to paper (so to speak) it was purely for the reason that despite how much research I had completed online in regards to buying property, all I could find were people who “had made it.” There didn't seem to be much out there that showed someone's actual journey, you know, the bits at the beginning that aren't very glamorous, the bits where you are stood on your own after collecting the keys for your first property and you literally are thinking “what the fuck do I do here?” The bits where you are sat trying to watch a you tube clip on how to drain a heating system and take off a radiator, and definitely the bits where you have spent 4 hours on the phone to a utility company trying to resolve a minor issue.
Property isn't actually as complex as the world would like you to think. You buy a house, fix it up, then either sell it or rent it out. Yup, that's someone's £1997 course right there! You're welcome!
Read about the challenges that I have faced since 2017 and how I have progressed from 1 single flip, to a multi-million pound property portfolio and additional property companies.
Just click the image to get your free copy!
Need a spreadsheet to analyse your next potential purchase?
Here you have it!
* Adjustable APR
*Adjustable Purchase Price
*Adjustable Purchase Costs
*Adjustable Renovation Figures
*Adjustable Rental Targets
*Adjustable target valuation with automatically updating figures
PLUS
*Automatic future growth calculations using average UK house price growth as well as taking into account inflation!
Just click the image to get your free copy!
Do you have investment funds ready but aren't quite sure what the best strategy is for yourself?
With so many "options" being talked up online, it can seem very daunting when you are looking to take that first step.
The FIRST thing we suggest is to KEEP IT SIMPLE! Ignore the talk of "Rent to Rent," "Rent to HMO," "Purchase Options," "Student Blocks," and anything else that is currently the buzz around town! If someone is out there selling you a course on how to do something and making it out to be simple and quick, then unfortunately is 90% likely it isn't going to work (hence why they make more money selling courses!
Building your property portfolio takes time, and you need to be looking 5-10 years in the future.
We offer a detailed personalised BTL strategy projection for absolutely free. Understand how your initial funds can grow with simple BTL purchases, just by allowing compound growth work it's magic.
Once you understand this concept, your eyes will be open to the simplicity of building your portfolio!
Just click the image to get your free copy!
One of the first concepts to understand is how simple it is for a vanilla turn-key BTL property to generate an income for you and how it can grow in value and ultimately re-pay you all of your initial investment spend back, in JUST 5 YEARS!
Leverage and compounding interest are two key concepts that can help new investors understand how to grow their wealth in the property market, especially when investing in rental properties.
Leverage: When you buy a property, you don't have to pay the full amount upfront. Instead, you can borrow money, like a mortgage, to cover 75% the purchase price cost. This is called "leverage." By using this borrowed money, you can own a property without spending all your own money. This allows you to buy more properties with your capital.
Compounding interest: This is the idea that your money can grow faster when you keep reinvesting your profits. For example, with your rental income from a property, instead of spending it, you can use that money to save for your next property deposit which will allow you to buy more properties. Over time, this can lead to your money growing much faster than if you just saved it without reinvesting.
When you combine leverage and compounding interest, you can potentially grow your wealth more quickly as a landlord in the buy-to-let property market. By borrowing money to buy properties, and then reinvesting the rental income you earn, you can take advantage of these two concepts to expand your property portfolio and increase your overall returns over time.
Whether you are buying your first ever property or looking to expand your portfolio, there is a huge amount of resources out there that can help you. Below are my favourites and ones that I either used at the start of my personal journey or are still using to this day!
Technically these are not free but they are very cheap and what you will learn from them is invaluable. You can get the hard copies of the books, but personally I find that the audio content is easier to consume as you can listen whilst you are driving, taking a walk, in the gym etc. A great way to maximise your education time.
Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
The Complete Guide To Property Investment gives you the insight, information and action plan you need to navigate this new property landscape and come out on top.
It starts by demonstrating – with real-life examples – a range of strategies suited to achieving different investment goals. Only then does it take you step by step through every aspect of researching, financing, buying and managing investment properties.
These can be an amazing resource, and one that you can listen to anywhere in the world. There are a huge number out there but these are my go-to listens.
Rob & Rob discuss the latest property news and share their knowledge on a different property topic every week. And don’t miss the popular “Ask Rob & Rob” shows, where they answer questions from listeners like you.
The Property Podcast is downloaded over 180,000 times a month, and over the last six years has become firm fixture in the week of aspiring and established property investors.
This is part of a "paid" training company, but the podcast is free.
Investing, business, finance & economics - Mark Homer has the experience to help you with many of your questions & challenges. Mark My Words is a successful, eccentric & introverted businessman’s experience of 20 years with no waffle, ads, bravado or big pitches. Mark will interview the worlds most successful business, finance & money experts as well as impart his knowledge in a factual, direct manner. Mark runs & owns multiple businesses & property portfolios so teaches you what he does on a daily basis. A contrarian investor & capitalist, Mark will help you raise more finance, make more money & grow your business empire.
A podcast for expats investing in UK property.
Did I mention that I have been a guest?
#74
Fed up with working in supermarkets in the North West of England, Darren McNeill of FMP Property Groupstarted keeping a Progress Journal on Property Hub in February 2017 as he was started to build his property portfolio.
At that stage he only envisaged buying a few Buy to Lets. But as he documented his progress on his journal, private investors started contacting him to lend him money so that he was able to scale his property business which now stands at 25 properties.
Unknown to him until we recorded this interview, Darren’s journal played a significant role in both my own property story and this podcast!
Listen to Darren’s inspirational story as we discuss the many benefits of keeping a property journal.
Another must listen episode!
A place where you can read about things other investors are up to or simply ask your own questions.
I personally started writing a journal before I had even bought my first property on the Property Hub Forum. 6 years later with over 528 replies and a massive 42,000 views, this is the most popular chat thread on the forum!
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