- Buy, Refurbish, Refinance, Rent, Repeat. (Bonus Chapter on the Final 'R' for Retire!)
av Peter J How
446,-
Unlimited Property Investing Success Using BRRRR(R!): Buy, Refurbish, Refinance, Rent, Repeat, (Retire!) tells you all you need to know as a property investor in the UK using the BRRRR approach to their investing. If you want to know how to own more than one buy-to-let property with just one capital pot, you would be well advised to take stock of what is presented in this book before getting in too deep. You will then find out what you really should know about BRRRR before it is too late, when you have made simple but serious mistakes. By understanding what is really involved BRRRR in UK property investment, you will be able to assess whether you will be well-suited to it or not, and understand what issues you might have to face, if you to go full steam ahead. This information comes from genuine investor experience using the BRRRR approach in order to build a property rental portfolio that now supports full- and part-time workers. This book will also help you make an informed decision on how plan your property investing aspirations with the final view of retirement. If you are already heavily involved in property, it will hopefully still give you some heads-up moments on what is still to come and what might be the best reduce any potential problems ahead of you as well as maximise the benefits of your property investing work. Areas covered in the book, amongst many others, include: - How to get over mental hurdles involved in buying your first investment property. - How to calculate whether a property will be profitable or not and only buy the best properties suitable for BRRRR. - An assessment of the different property types and tenant types to help you with planning your investment strategy. - How to by Below Market Value (BMV) and the relative merits of each approach. - Where to look to find how best to immediately add value to a simple investment property. - Where to raise the initial capital from to buy and refurbish your investment property. - How to get the refurbishment work done and how to plan and coordinate the work. - Measures to take to control costs and come in on budget and how to adjust your programme during the work, if required. - Using remortgaging to refinance on to the highest possible property value and cheapest finance. - Avoiding mistakes when insuring your properties after you have added value and refinanced. - How to manage the rental income which will be the fuel to keep your business alive. - Ensuring you comply with all legal requirements and collating relevant certifications. - Working in a way that repetition in BRRRR activities naturally builds your reputation as a serious property investor. - The other activities that will need regularly repeating as well as repeat purchasing of more properties. - How letting agents or having your own agency compare when considering 'retiring' from the business. - Knowing the difference between a target of financial freedom and a target of early retirement. - What you retirement planning options are and which ones will likely work out the best for you as a property investor. In fact, it presents all the essential information you need to get started and thrive in BRRRR to build your property empire. As well as how you can leave this as a legacy of your life. About The Author Peter J How has been investing in UK residential property for over 16 years. He has built up a UK portfolio of 100 letting units in 40 properties using the BRRRR approach. These properties are all of the type that the best property training courses encourage you to buy. He now has his own management company for his property lettings, but still remains very close to the day-to-day running of the business. This means he is well-positioned to pass on all he essential information you need to successfully invest in UK buy-to-let property.