I came across a very interesting line by an American investor regarding Property Investment. It goes like:
“Be fearful when others are greedy, and be greedy when others are fearful.”
Warren Buffett
A few tips:
1. Know the market
2. Build your safety net
3. Choose an area considering approachability and management concerns
4.With the buy-to-let refurbishments approach, observe your target customers, see what they demand and refurbish accordingly. Your own persoanl taste may not be appreciated by every individual
5. Decide on a buying criteria considering your cashflows first, then capital appreciation
Search found 2 matches
- Wed Jun 20, 2012 3:34 pm
- Forum: Property Investment Forum
- Topic: Property Investment Tips of Michael Yardney Useful?
- Replies: 9
- Views: 88670
- Tue Jun 12, 2012 6:13 pm
- Forum: Property Investment Forum
- Topic: what owner occupiers should look for when buying a home
- Replies: 5
- Views: 16549
Re: what owner occupiers should look for when buying a home
How can you get a loan through your parents? as in you mean they will give your guarantee? how does this option proceed, can you elaborate a little? Plus, wont the financing company conduct a background check and see where else are you in debt and refuse to give addition debt burden?