how to become a successful property investor - where
TRANSCRIPT
Know the fundamentals…
1. Know the Strategies Buy to Let, HMO, Rent to Rent, Flipping
11. Know your clients Tenants, Vendors, Clients, Sourcing Deals
Unfamiliar Areas
Find the Zone
Customers desire to buy
Reason to buy: Expertise and credibility
Pay enough to make it
worth your time
THE PROFIT ZONE Where do your ideal tenants want to live
Be a Good Business Owner…
1. Know Your Tenant TypeUnderstand the demand
11. Know Your Maths Know its financially viable
Unfamiliar Areas
Understand the ROI and Cashflow
Buy to Let Example
Net Annual Cashflow (profit)Total Cash In
Cashflow = Monthly Cash Left In After Expenses
Financial Viability
ROI = %
…But what about the unforeseen or planned expenses?
…DECIDE how much to put to one side
Financial Viability
Location - Near, far ... How much time have you got, what is the ROI
Strategy - Buy to Let, HMO/R2R, Flipping … Numbers of rooms, number of baths, genuine added value?
Tenant (Client) type - LHA, Student, professional or working tenants……. Or the vendor ……. Or the new investor client
Financial Viability
One of the UK’s Top 25 Most Influential People in Property
Made redundant in 2006 as a University Lecturer….…I focused on self development I discover my purpose again
I bought a few houses…
…I wrote a few books…
…I had the most amazing holidays…
…And I realised my words had power
[email protected] 07795492001 www.vickiwusche.com