The British love affair with property is as passionate and as painful as ever, simple questions of whether to buy, hold or sell are interlinked with life-changing decisions on funding, careers, employment, affordability and pensions.
But there are a few things You need to be aware of. They are important. So pay close attention.
If you know in advance what’s coming, You can be fully equipped as to what to expect.
You see, from the locked up finance markets where you still need a big deposit, to the big news of the Help To Buy Scheme, and everything in between from the FTSE breaking the 6000 mark, and Government intervention for the Funding for Lending Scheme..
What does the current state of the property market mean to You? And how can you take advantage?
For the 20% of contrarian investors, it means opportunity.
Opportunity to show ingenuity and resourcefulness like never before. To load up on cheap property before the dreaded breed of first time buyers enter the property markets.
It’s not surprising that contrarian investors haven’t been waiting around for finance to get easier. It’s not surprising they have gone against the herd, continued to invest, often utilising private funding.
The contrarian investors have been taking the current state of the property market full on the chin.
It’s still bargain city out there my friend. It may not last long but the key to not just surviving but thriving in uncertain financial times is to “be greedy when others are fearful and fearful when others are greedy” (Thanks Warren )
Secondly, due to the backdrop and the recent chaos in Cyprus, wealthy professionals, investors and millionaires are leveraging cash finance and throwing their pink lobsters into property because they still see it as one of the few investments which they can make money from in uncertain financial times.
So what does that mean to you? Opportunity to leverage finance. They see putting money in the bank as risky. Inflation is still [relatively] high, cash is being depleted year on year, stocks and shares look like the two ugly sisters, leaving [you guessed it] property as the Cinderella of the investment world.
Thirdly, home –ownership remains out of the reach of many would be buyers – especially in London, where foreign buyers have out priced the average Joe [or Jo]
This is combined with the fact many lenders are still requiring large deposits, which has sparked strong demand in the rental sector, along with a shortage of available properties, has pushed yields higher. This has effectively created a raging rental market!
But despite the obvious mass brain washing that landlords will be hit by high rental arrears and unaffordable rents, the continued downbeat media coverage has not deterred the contrarian investors, who’ve been cleaning up, while the unprepared have been worrying about some other aspect of property investment which can easily be managed or leveraged.
Fourthly, the latest profit centre strategies in the current market place which are flourishing are deal packaging, sourcing, trading and particularly office to residential conversions without the need for ‘sticky red tape’. This has led to a great opportunity for HMO or flat conversions projects creating really good income and multiple profit streams.
So what do you do as an informed [and contrarian] investor?
Find the market and feed it.
How do you do that?
Especially trading options, finding the right strategies, learning about the implications of new regulation, doing ‘corporate lets’, office to residential conversions, and monetising deals, earning more passively with a greater degree of opportunities and portfolio building by piggy-backing on the owner’s existing finance..?
The answer is HERE:
You see, over the next 6 months I see some great opportunities.
And contrarians will always get better than average results, just be doing the opposite to the majority.
So congratulations in being one of many, one of the quickest, yet one of the few who take action.
And every step, no matter how small or insignificant it may seem, like reading this, or going on a viewing, speaking directly to vendors, or making that offer, gets you one step closer to where you want to be. The compounded effect of those small decisions you take grow into life changing results, in every minute of every day.
And that sad statistic of being one of the few will always play in your favour – a contrarian will always get better than average results, just be doing the opposite to the majority.
We’ve come to accept, over time, that the majority of those living a quiet life of desperation will make their own choices in life. And we need them. As James Caan said as a guest speaker at our Property Super Conference – “Observe the Masses, do the Opposite.”
“To know and not to do is not to know.” And you did