How to Become a Successful Property Investor - Where

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Where you can make your strategy work for you?

Transcript of How to Become a Successful Property Investor - Where

Where you can make your strategy work for you?

…To find the best deals when working in a new area

Where…?

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

Where do you live?

Think?

What do you do?

Think?

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

Up Next

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