THIS Is What You Should Be Looking For

Location, location, location [we’ve all heard that before – right?]

When it comes to property how important is location?

When we started out we followed the ‘let’s diversify risk’ strategy and bought in Leeds, Florida even Bulgaria [we were addicted to buying property]

This was a decision we learned to regret; here’s why

We hadn’t considered the most important factor:

What is the return vs. the ‘hassle factor’?

When you spread yourself thin, far and wide you end up taking on a LOT more work which takes a lot more TIME [something you can never get back]

Imagine how you would deal with hundreds of miles between properties, longer delays, language costs, legal implications and so on?

After our [painful] lessons, in our opinion THIS is what you should be looking for:

- Choose an area within 15 miles of where you live
- Choose your investments CLOSE together [essential for growing a portfolio]
- Any areas of investment, growth or regeneration
- Any areas where business is growing [creating jobs and demand for rentals]

There is GOOD news

With the advent of the Internet and Google there are websites that can provide all the information you need for F R E E

Rightmove is a good example but you can go much deeper into house prices, local council regeneration projects, transport plans and much more

When you research make sure you always check:

- Prices [are houses going for less than asking? How long are they taking to sell?]
- Is the market moving?
- What is the current state of the lettings market?
- Can you find a good letting agent?

We have created these points not to scare you but to help you – ignore the basics and property investments can become more pain than pleasure