Archive for February 4, 2008
Property Info
It isn
’t that difficult once you understand the basics. Today we’re going to talk through the basics of building your property portfolio of residential buy to let properties with little or managed risks and starting as if you have nothing.
First Property
Lets look at the 2 most important financial principles that will guarantee you become a Set and Forget property millionaire. The first is Leverage, it is the lesser of the two but means that we can use the second much more effectively. Leverage from a property perspective means borrowing capital to invest. It will take the form of either a
Discount Property
New build is classified as a development that is within 3 months of completion or has completed but has not yet been tenanted. Off plan is a development that is longer than 3 months out from completion or where the property has not moved earth yet.
Property Education
This is a blog providing property education for free.