Here is the deal breakdown on the financials of a property I’ve just completed on. I will do this with all the properties I purchase.
Property Deal Breakdown #1
Don’t let fear stop you investing in property
If you spend any time online reading blogs and forums on investing, you will no doubt read about why investing in property is a bad idea. However, there are many benefits and we should take the emotion out of the decision. If you have concluded that property investing is a good idea but you are still not taking the plunge, it maybe that fear is stopping you from investing in property.
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Don’t stop working
In my Financial Independence journey, I started by wanting to get to a position, so that I didn’t have to work again. As time went on this changed so that Financial Independence, to me is the state where I only work on the things I want to. A subtle difference but the distinction is that now I say don’t stop working.
What to do with windfall money
Have you or are you about to come into some windfall money? Do you know what you are going to do with it? Here is a guide of what to do with windfall money.
The 10 best personal finance books
Out of all the personal finance books I’ve read, here the ten which I believe are the best to start you on your quest to financial independence. If you are like me, you didn’t learn about personal finance at school. Your parents hopefully gave you a few nuggets of good advice around living below your means and saving for a rainy day. Everything else you, may have learned about money will have been picked up from society and the media.
As you are reading this blog, you are obviously searching for answers to life’s questions as I was – and still am. Books remain the best source of advice along with trusted mentors. Over the years I’ve read thousands of books on personal development, finance, sales and business.
How to get a tenant to rent your property
Investing in property is a fantastic way of building your wealth and providing a sound base for financial independence. Unless you are planning to flip the property, that is buying and reselling for immediate profits, you will need to find a tenant to rent your property for regular rental income.
In this post I describe the steps to successfully get a tenant in your rental property. All this assumes that you have completed the purchase and you own the property legally.
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Setting up a Limited Company to buy property in the UK.
Why have I set up a Limited Company to buy property in the UK?
I decided to set up a Limited Company to buy property investments. I had two rental properties in my own name and when I worked out my profits after tax, I was horrified to see that I just about broke even.
Continue reading “Setting up a Limited Company to buy property in the UK.”
How To Retire by Early Investing in Property
How To Retire by Early Investing in Property
In this chapter I show you can become your own boss and financially independent through investing in property. This is something that I am doing right now and something I can attest is the best way, at least for me. First I want to tell you how I came to investing in property. Continue reading “How To Retire by Early Investing in Property”
Invest in Property
Invest in Property
Here is one step that more than any other can really boost your Job Free Income. That is when you invest in property. Continue reading “Invest in Property”
Trade in Your Passion
Trade in Your Passion
It’s time to trade in your passion. If you have sold your unwanted stuff, you should now have a wad of cash. Okay maybe not enough to buy a Ferrari, but what are you going to do with it? Continue reading “Trade in Your Passion”