The best way to get ahead in property investing is by setting strategies and making sure you have achievable goals along the way.  However, the way that is best for you will change over time, so you need to review your strategy on a regular basis to keep up with the changing market.

Building successful strategies will help you succeed whatever the property market is doing.

We have brought together the top UK property experts to cover the various strategies that you can implement to grow your property portfolio.  We also have a fantastic range of resources to help you with your investing strategy.

To summarise, ensure you focus and decide on your property strategy or niche area. Immerse yourself and totally understand that chosen strategy. Finally, get educated and perhaps learn from somebody who has done it before

Tradesman Insurance Explained

Whether you are a seasoned tradesman or just breaking into the business, insurance is one of the first things that you need to take care of to ensure that your business is protected at the appropriate level. By taking out tradesman insurance, you can protect the various aspects of your business, including your ongoing work, equipment, as well as compensation costs that may follow a legal claim against you.What is Tradesman Insurance?Tradesman insurance it is available for builders and any other types of tradesman, and it can pay to repair or redo the work that in progress is its managed by an event such as flood, fire, or vandalism. You need to know from the start that different kinds of businesses require different kinds of insurance. Many insurers offer to combine various policies that you may need into a package, which they may advertise as tradesman insurance. Depending on your...
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HMO Refurbishment Tips

 * If you're looking at a planning gain. You will need 10 - 12 weeks from the point of completion before you start work, factor that into your holding costs. * Don't forget the contingency, so many people think they'll add a small percentage of around 5% but believe me this closer to 12% * Ask your builder to sign a contract, where you clearly have staged payments for jobs completed.  PLEASE vet your builder, if you have someone who is much cheaper but has no insurance, registered address etc. this can cause problems (do your homework).  Make sure your builder is aware of the required building regs as this is important.  Add penalties if jobs run over (on a good faith basis though as building is weather dependent). * If you're doing multiple properties, get a refurb blueprint.  I would stick to the same kitchens, paint, flooring, carpeting etc. as it makes...
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Filling HMO properties

The main aim is to get as many people through the door as possible, so make sure you're bumping up your adverts on your various advertising portals. Viewings & dressings Viewings - book your viewings strategically, show them all available rooms. Sometimes tenants will tell you they have one budget, but then miraculously find more money when they see a bigger/better room. That being said, if you have a smaller room in your HMO that's struggling to rent but also have a slightly bigger & nicer room to let in the same house, if you've showed them the smaller room and they seem to like it - don't show them anything else (the bigger room will always let out faster).  Make a good impression as viewers have friends who will spread the word!Rents - Always try to achieve higher rents! Don’t be unrealistic, but have a look on the market and...
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Plumbing and Building Considerations for People Wanting to Renovate

In many ways, there has never been a better time to invest in improving your property.This is thanks largely to an increasingly robust property market in the UK, with house prices set to increase by an impressive 7% next year, despite the sustained uncertainty surrounding Brexit and stagnant real wage growth. This growth is particularly prominent in vibrant regional cities such as Birmingham and Manchester, and if you live in these areas you may well be keen on improving your property with a view to adding value.There are certain plumbing and building considerations that you need to pay attention to when renovating your home, however, including the following: 1. Single-storey Extensions Nearly Always Require Planning Permission One of the most popular home-improvement projects involves an extension, which can cost up to £19,500 while delivering an estimated ROI of 71%. You need to know that while single-storey extensions of three metres...
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Sourcing the right property

It seems very self-explanatory but make sure you buy in an area of demand, ensure you have good local employment and good transport links. I have learnt from my mistakes, I took a punt on a few houses when I first started investing in HMO's that aren't in a typical room let area & although they do get filled it's never that quick and cash-flow is the name of the game (rooms sitting empty for months on end really hurts). Do your research, look at demand on spare room.When looking for properties source through agents, I cannot express enough the gains of having a good agent on your side. We have got to the stage now where some of the agents we work with don't even bother doing viewings with us anymore, they just give us the keys to the property (often before it goes to market) so that we...
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